I will choose inventory management and provide an example of how it contributes to the profitability of a business based on my research . Inventory management oversees the flow of goods from manufacturers to warehouses to retail outlets and finally to the end customer . Effective inventory management is crucial for businesses to maintain adequate inventory levels while minimizing the costs associated with overstocking or stockouts . Amazon uses advanced algorithms and predictive analytics to anticipate customer demand and ensure that the right Step-by-step explanation Generated by AI amount of products are available at the right time. This reduces storage costs and prevents lost sales due to out-of-stock items. Furthermore, by using data to forecast demand, Amazon can negotiate better terms with suppliers, further increasing profitability. Therefore, effective inventory management can significantly contribute to a business's profitability by reducing costs and maximizing sales