The Advanced Inventory Optimization Handbook

Supply Chain 24/7

Leading organizations have shown that right-sizing inventory buffers and restructuring where and how inventory is held can drive powerful financial benefits and adds tremendous value to the Sales & Operations Planning (S&OP) process

The Inventory Optimization Handbook

Supply Chain 24/7

This e-book explores Inventory Optimization and Multi-echelon Inventory Optimization strategies to help minimize costs while meeting customer service requirements, and provides examples of how to build these capabilities at your company

The Two Levers of Inventory Optimization

Logility

Two powerful levers a company can use to optimize inventory are “Working Capital” and “Customer Service Levels.” At its most basic, start with a piece of graph paper and plot your current service level on the x-axis and current inventory level on the y-axis.

Removing the Two Barriers to Optimizing Inventory

Logility

Supply chain leaders often find themselves in a difficult situation when it comes to the conflicting goals of improving customer service and minimizing inventory. Companies that embrace Multi-echelon Inventory Optimization (MEIO) achieve, on average, a 28% increase in inventory turns.

Winning the Inventory Battle in the Consumer Products Industry

Logility

From a supply chain standpoint the battle for new product profitability relies largely on two key capabilities, developing accurate new product forecasts and optimizing new product inventory. reduction in finished goods inventory (days). Capability 2: Optimize New Product Inventory.

Life Sciences Industry Inventory Optimization Health Check

Logility

One potential way to reduce costs without lowering the quality of healthcare is to optimize how much inventory is required and where that inventory is positioned. Minimizing the amount of inventory required to provide advanced healthcare reduces both working capital and obsolescence.

Ensuring Reliability in Supply Chain

Logility

Infineum has turned to Logility Voyager Solutions ( read more ) to improve the company’s inventory targeting system and reduce working capital while enhancing service levels. Additional Reading: eBook: The Inventory Optimization Handbook.

Is Your Supply Chain Ready for the Next Recession?

Logility

Many companies were caught with too much inventory at the beginning of the 2008 recession. A 30% Inventory Reduction is Possible. Companies were also left holding too much inventory of the wrong type and/or in the wrong location. What’s 30% of your total working inventory worth?

How the Supply Chain Can Improve Healthcare for All

Logility

These inventory challenges and others require all life science industry manufacturers to optimize the type of inventory (raw, WIP, finished), how much of each and where it is stored to provide a high level of patient care. eBook: The Inventory Optimization Handbook.

4 Ways to Deal with Post-Holiday Inventory Now

EMERGE App

So, here are some practical ways to deal with post-holiday inventory in order of doability. This is, by far, the easiest and most logical thing to do with surplus inventory. This is an old trick out of the marketer’s handbook. Introduction.

Never Ending Journey of a Private Label Manufacturer

Logility

To combat this and provide high service levels on brands that directly shape their customer’s core reputation requires expertise in the crucial disciplines of demand planning, inventory optimization and manufacturing planning. eBook: The Inventory Optimization Handbook.

Seven Strategic Components for a Proactive Process Chemical Supply Chain

Logility

Inventory tends to be a very visible supply chain cost to senior management. How much inventory a company has is listed right there as a current asset on the balance sheet. Although inventory tends to be a symptom of other supply chain factors; forecast accuracy, customer service objectives, supply chain network design, transportation mode selected, etc., A system-wide, multi-echelon approach to inventory optimization is the way to go.

Risks in Supply - An Omnipresent Danger

Logility

For more than a decade, I have implemented inventory optimization solutions for some of the world’s largest companies in industries ranging from life sciences to chemicals, from consumer goods to high-tech, and more. Related Content: eBook: The Inventory Optimization Handbook.

Supply Chain Planning Fireworks

Logility

Long-term forecast accuracy is vital for determining pre-build / pre-purchase inventory plans. It is essential to have a well-developed inventory deployment plan to ensure local demands can be met. eBook: The Inventory Optimization Handbook. Holidays are complex.

Top 8 FAQ about S&OP (and Our Answers)

Demand Solutions

You can’t go wrong by measuring inventory turns, customer service levels, and overall profit. Sales & Operations Planning: The How-To Handbook, 2nd Edition , by Tom Wallace. Got questions about sales and operations planning (S&OP)? We’ve got answers. And at the end of a recent webinar, we picked the brain of the “Father of S&OP,” Dick Ling. Here are some of the questions we got from the audience—and our answers.

Top 8 FAQ about S&OP (and Our Answers)

Demand Solutions

You can’t go wrong by measuring inventory turns, customer service levels, and overall profit. Sales & Operations Planning: The How-To Handbook, 2nd Edition , by Tom Wallace. Got questions about sales and operations planning (S&OP)? We’ve got answers. And at the end of a recent webinar, we picked the brain of the “Father of S&OP,” Dick Ling. Here are some of the questions we got from the audience—and our answers.

Experts Choice Of Top Online Logistics Resources

Freightos

Check out their ports handbooks as well. Online marketing enthusiast and an inventory and supply chain optimization devotee, David covers both ends of the supply chain at his Supply Chain Inventory & Supply Chain Optimization blog.

The Difference between IO and MEIO

Logility

Do you optimize inventory at each location separately or are you optimizing total inventory across the entire network taking into consideration the interdependencies between stocking locations? What type of Inventory Optimization capability does your company need?

Carbon Emissions in Logistics: The Road To Green International Freight

Freightos

Jason Mathers from the Environmental Defence Fund (EDF), is the author of the Green Freight Handbook. Collaborate internally and with suppliers, customers, vendors, even competitors to reduce truck trips and decrease inventory (Kimberly-Clark and Colgate’s CVS pilot).

Gartner 2017 Keynote - Aspire, Challenge and Transform in a Disruptive World

Logility

eBook: The Inventory Optimization Handbook

S&OP, a vision for the future. The expert interview series #5

Supply Chain Trend

Many just get into a routine of constantly increasing precision of what they can control and understand ( IFRS / GAAP accounting and ERP systems that enforce these rules) but in miss accurate measurement of flow of production / inventories. Introduction.

S&OP 113

Can Hospitality Pricing Guide Retail Dynamic Pricing?

Supply Chain Nation

Hotels sell time sensitive and perishable inventory. Other issues that are common to both industries, and which have a bearing on pricing strategies, are social media, brand dilution, market prices, competitive environment, distressed inventory, and promotional strategies.

This Week in Logistics News (July 10-14, 2017)

Talking Logistics

Maybe their supplier relationship management handbook was written by Fidel Castro? I will be climbing to the clouds this Sunday. Well, not literally. It’s a bike ride I’m participating in as part of my training for our Logistics Leaders for T1D Cure team ride this September in support of JDRF.