Planning to Win: Optimizing Inventory to Meet Business Objectives
ToolsGroup
OCTOBER 6, 2021
Who wouldn’t want their supply chain to be “optimized,” right? Optimization is peak efficiency, using the perfect balance of inventory and resources to service customer demand without incurring any unnecessary costs or waste. However, optimization is a term that’s often misunderstood and applied incorrectly in the supply chain world. . Even in a perfectly optimized supply chain, if you zoom in on a specific process, it may appear to be running sub-optimally.
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