AIMMS
JANUARY 20, 2021
Inventory management has always been challenging. Too often, inventory is viewed from an aggregate position, likely driven by finance, who are concerned about working capital implications. Inventory should act as a buffer to adsorb variability and decouple the demand from the supply side of our supply chains. – Tweet this.
ToolsGroup
MARCH 30, 2022
It’s no simple task providing customers access to the full range of capsules and coffee machines on all sales channels, across more than 70 boutiques in Italy, while optimizing inventory levels. Supply chain optimization allows us to guarantee product availability for our boutique shoppers. Optimized transport.
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Logility
JUNE 5, 2024
This urges a shift from the unsustainable practice of buffering against uncertainty with high inventory levels. Enter Inventory Optimization (IO) as a vital strategy to combat supply chain stress. MEIO vs. IO So, what sets MEIO apart from traditional IO strategies that determine inventory levels based on current demand?
Supply Chain Shaman
MARCH 21, 2023
Bloated inventories. Despite investments in planning, today, industries hold 28 more days of inventory than in 2004. The larger the number of days of inventory, the greater the cash drag.) Changes in Inventory Year-end inventory values by industry from Y Charts. The story continues. Rising inflation. Next steps?
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Take it now to see how your inventory optimization process scores and benchmark it against peers. Are You Betting on the Right Tools to Succeed in 2021? The 15-question assessment takes only 5 minutes to complete. Responses are aggregated and kept anonymous.
Logility
JANUARY 12, 2024
Navigating the $5 trillion North American apparel market requires precision, especially when dealing with the intricate complexities of forecasting and inventory management. This approach enhances forecast accuracy and aligns company strategies more closely with real-time market conditions.
Logistics Viewpoints
MAY 23, 2024
This involves setting up numerous parameters like lead times, inventory levels, production capacities, and demand forecasts, all of which must be adjusted for different scenarios. Effective scenario testing also requires well-trained users proficient in the system’s functionalities, making it difficult to achieve accurate results quickly.
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Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing a recommended action. Supply chain, with its complex planning questions, is typically an area where optimization technology is required. Inventory optimization. Warehouse optimization. Warehouse optimization.
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All technology strategies must address short-term concerns, but should also empower companies to build agility, resiliency, and better sensing so they can respond more quickly today, and even preempt disruptions tomorrow. This playbook offers manufacturers a realistic and viable guide to balancing immediate needs with future-focused strategy.
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How are organizations performing on inventory optimization? Inventory: asset or liability? Although nobody could have predicted the degree of disruption most companies experienced last year, the pandemic did expose the many challenges organizations face when it comes to inventory. Find out in this new research report.
Speaker: Andrew Kurpiel - AmerCareRoyal | Bill Benton - GAINS | Paul Benhamou - Benco Dental
By targeting inventory investments and regulating service expectations, their inventory optimization activities have improved performance. Join three supply chain experts as they share their best practices and effective strategies for facing today’s most complex inventory challenges.
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Today’s question becomes: How do you leverage data to automate and optimize across the full order lifecycle? We outline how the TMS+ breaks down silos to optimize across inventory, transport, logistics, and order management concurrently, intelligently, and in a timely and relevant manner for cost, service, risk, and sustainability.
Speaker: Robert Olszak- Vice President, Global Supply Chain Optimization, RGP
As a supply chain director, you want to ensure that your supply chain network can withstand any disruptions and be optimized for peak performance. The global logistics market is growing, and companies need to prepare for the next generation of supply chain management.
Advertiser: FourKites
After helping 1,200+ of the world’s most recognized brands to enhance and optimize their supply chains, FourKites has crafted step-by-step guides to help you solve your business’s most pressing challenges.
Speaker: Irina Rosca, Director of Supply Chain Operations, Helix
If we're going to offer the speed of shipping and variety of inventory that today's customers have come to expect, there are a lot of different questions that need to be asked. This webinar will cover: Strategies for making high-level decisions about your network design and inventory distribution.
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