Remove 2007 Remove Big Data Remove Inventory Remove Metrics
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Getting Inventory Right: Hope with Hype and Recycled Software?

Supply Chain Shaman

I am speaking this morning at the Terra Technology conference and doing a book signing of my new book, Supply Chain Metrics That Matter. In parallel, I have been hard at work on a report on multi-tier inventory optimization for the last two weeks. It is morning in Orlando. The sun is rising. This inbound news adds to the story.

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Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

This boosts revenues and optimises inventory. This can be applied to inventory management, fleet and order tracking, ID badging. Machine learning and big data analytics augments critical roles in supply chain efficiency, problem solving and cost saving. Pricing decisions can be integrated with demand and supply planning.

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Building Outside-In Processes

Supply Chain Shaman

It pains me to see nine out of ten companies are stuck at the critical intersection of cost and inventory turns. For example, in the recession of 2007, DuPont missed the downturn in the market. In a similar vein, their forecasts for the automotive market would have been on new automotive sales and dealer inventory.