Inventory Reduction Related Topics 
Supply Chain Shaman
MAY 1, 2023
In contrast, those who outperformed were better at strategy and aligned with outcomes. Instead, the starting point, as shown in Figure 1, should start with a clear understanding of business strategy. The operating strategy–a major part of the supply chain strategy–flows from the business strategy.
ToolsGroup
SEPTEMBER 13, 2023
The key lies in high performance inventory. Forward-looking supply chain professionals understand that inventory is not an end in itself; it’s a means – to enhanced customer service, increased profitability, and greater efficiency. What is High Performance Inventory?
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Logility
MAY 5, 2023
Inventory strategies begin with an efficient network design to effectively balance your ability to accurately predict customer demand and work with suppliers to adjust orders in real time. Routine firefighting of inventory issues is a symptom of inventory strategies treated as a once-a-year exercise.
Supply Chain Shaman
MARCH 21, 2023
Bloated inventories. Tightening of organizational belt-cutting to improve cash. 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.
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.
SCMDOJO
AUGUST 4, 2023
Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand.
ToolsGroup
APRIL 4, 2023
By land, by air, by sea – transit organizations know the competition is fierce for retaining customer loyalty, requiring inventory management strategies that balance consumer needs with sustainability initiatives and business goals. These companies understand that one bad experience could jeopardize future sales.
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But, as leaders know, adapting to change is rarely a simple task and requires a fresh look at existing processes in planning and sourcing, inventory management, warehousing & distribution, and more. Key topics covered: Eliminating friction points and coping with the continual disruptions through a modern data strategy approach.
Speaker: Ron Spiteri, Director of TXM Lean Solutions
Ways to find the right balance between inventory turns and stock availability. How to develop Prevention, Preparedness, Response, and Recovery strategies. Keys to creating a risk assessment and reduction matrix. In this webinar, you will learn: What a Supply Chain Business Continuity Plan is.
Speaker: Robert Olszak- Vice President, Global Supply Chain Optimization, RGP
To better prepare for the next generation of supply chain management, organizations are adopting industry-leading inventory and network optimization tools to establish sophisticated and mature supply chain digital ecosystems.
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Team Procure Cloud offers a comprehensive solution to procurement management, streamlining the entire process from purchase requests and approvals to supplier management and inventory control. This ensures that the approval process is optimized and eliminates bottlenecks.
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.
Advertiser: FourKites
The guides include: reducing transportation costs, improving customer satisfaction, optimizing inventory management, increasing workforce efficiency, and achieving sustainability and ESG goals. Featuring testimonials from: Cardinal Health, Kimberly Clark, Bayer, Dollar Tree, T-Mobile, Ace Hardware Download now!
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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.
Speaker: Olivia Montgomery, Associate Principal Supply Chain Analyst
Forecasting techniques to manage inventory. Procurement strategies in response to network delays and bottlenecks. In this webinar, you’ll gain actionable insights from Olivia Montgomery as she walks us through Capterra’s extensive research on how businesses - notably SMBs - are addressing supply chain challenges in 2023.
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