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A Q&A with Stanley Black & Decker and Boston University on Inventory Optimization

Logility

Inventory optimization (IO) has become an increasingly important topic of late as companies try to balance inventory (amount, location, etc.) with erratic demand and supply variability. For one, more than 60% of the attendees responded they perform “less than optimal” inventory optimization.

Modeling 100
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Collaboration Key in Creating Competitive Advantages Through Supply Chains

Supply Chain Network

Research confirms cross-functional collaboration and supply chain integration are challenging business goals that many companies deprioritize because the value is difficult to define. Decades spent pursuing cost savings within internal supply chain functions leaves little room for improvement at this point.

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2014 Merchandise Planning and Allocation Survey Results Revealed

Logility

Despite significant advancements in the technology to support omni-channel, adoption of transparent cross-channel inventory has yet to become a reality at most retailers. 69% of retailers maintain separate inventory across multiple channels. How does your supply chain support its success? Related Content.

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Consumer Demand Variability Biggest Supply Chain Disruption, Execs say

USC Consulting Group

Yet for business leaders – especially manufacturers and shippers – the words “unpredictability” and “uncertainty” will likely epitomize 2020, as they’re something organizations continue to experience as the country and consumers emerge from the nationwide lockdown amid supply chain disruption.

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Winning Healthcare Supply Chain Strategies Used at Tufts Medical Center Chain

RFgen

Chris Johnson heads Tufts Medical Center’s supply chain, and he offers several strategies for those in the healthcare industry looking to make processes more efficienct and reduce costs. Boston’s Tufts Medical Center is more than just the average medical facility. Optimizing the Supply Chain at Tufts Medical Center.

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Winning Healthcare Supply Chain Strategies Used at Tufts Medical Center Chain

RFgen

Chris Johnson heads Tufts Medical Center’s supply chain, and he offers several strategies for those in the healthcare industry looking to make processes more efficienct and reduce costs. Boston’s Tufts Medical Center is more than just the average medical facility. Optimizing the Supply Chain at Tufts Medical Center.

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The Efficient Frontier Awaits

Logility

Supply chain management is full of goals such as mounting pressure from the top to get costs down quickly. I am going to use the “efficient frontier” concept in inventory optimization as an example. There is a natural trade-off between service level and inventory cost.