Question: John Deere's $4 billion commercial and consumer equipment division implemented supply chain management software and reduced its inventory by $500 million. As sales continued to grow, the company has been able to keep its inventory growth flat. Questions Supply chain software allows a business to reduce which of the following balance sheet accounts? If the reduction in inventory reduces the need for warehouses for storing product, which income statement accounts would this affect? A reduction in inventory frees up cash to reduce long-term debt, which income statement account would this affect?