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Inventory Everywhere, But Not the Right Product to Ship

Supply Chain Shaman

Bloated inventories. 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. The story continues. Rising inflation. Next steps?

Inventory 374
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Inventory Management vs. Inventory Optimization: What’s Wrong with ABC Inventory Classification?

ToolsGroup

ABC inventory classification has been around so long that most planners just assume it’s the only way to segment your inventory. Let’s examine how inventory management has evolved into inventory optimization so that companies can minimize inventory investment while still hitting service level targets and maximing proftability.

Inventory 156
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The Case for Real-Time Perpetual Inventory Signals in Manufacturing

ToolsGroup

Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy. And that’s where real-time perpetual inventory signals come in. Plus, accurate inventory information is the key to optimal decision-making.

Inventory 156
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Unlocking the Power of Inventory Control Techniques

Logility

In today’s fast-paced and unpredictable global market, the secret to maintaining a competitive edge lies in a key area—robust inventory control techniques. Inventory control is the act of managing and organizing stock to meet customer demand without surplus or deficiency. This is where inventory control techniques come in.

Inventory 130
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Striking a Balance in the Supply Chain: Navigating Volatile Supply and Demand to Meet Customer Needs

Speaker: Tony Darnell, Shipping Manager at Lippert Components

To make smart allocations, they need to visualize inventory across multiple warehouses and cater to different customer needs.

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Inventory Strategies: Evaluating Constant Disruptions

Logility

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.

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Multi-echelon Inventory Optimization vs Inventory Optimization

ToolsGroup

Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. When it comes to inventory management, each piece must operate as a part of a global integrated system to be most effective.

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Geopolitical & Regulatory Issues: The Path Forward in Supply Chain & Logistics

Speaker: Lisa Anderson, MBA, CSCP, CLTD - President of LMA Consulting Group, S&OP Expert, and Speaker

In this session we will cover: How geopolitical tensions are heating up and how they will reshape the configurations of future supply chains Regulations are also heating up, requiring more innovation and resilience The conundrums and conflicts of interest in achieving sustainability goals, looking at the big picture, and evaluating the geopolitical (..)

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How Does Your Inventory Optimization Process Compare to Peers?

Take it now to see how your inventory optimization process scores and benchmark it against peers. Are You Betting on the Right Tools to Succeed in 2021? The 15-question assessment takes only 5 minutes to complete. Responses are aggregated and kept anonymous. We hope it serves as a thought-provoking exercise to improve your approach! -->

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5 Powerful Prescriptive Analytics Examples in Supply Chain

Inventory optimization. Supply chain, with its complex planning questions, is typically an area where optimization technology is required. Read about 5 use cases. Supply Chain Network Design. Sales and operations planning (S&OP). Sales and Operations Execution (S&OE). Warehouse optimization.

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TMS+: Go Beyond Transport to Optimize Cost, Service, & Resiliency

Flawless execution relies on strategic planning; cost-effective operations require flexibility and agility to mode-shift and access a full cost-to-serve picture beyond transport; high customer service levels rely on being capable to promise factoring inventory levels and availability across all domains into transport planning and execution.

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Complimentary Gartner Report: Improve S&OP Decision Making with Scenario Planning

How to articulate scenarios for portfolio planning, network, inventory, and more. The paradigm shift happening in S&OP and pain points experienced by SCP leaders. Assessing risks, opportunities and business impact with scenarios. Defining indicators to monitor changes in scenarios.

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Digital Transformation: Why You Can’t Afford to Wait

Mastering inventory, cycle times, and cost-to-serve. Topics cover: How disruption is redefining the manufacturing industry. Prioritizing business and technology strategies. Balancing immediate pain points with future-focused initiatives that build resilience. Agile problem-solving and continuous transformation.

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Just In: Inventory Optimization Research

How are organizations performing on inventory optimization? Inventory: asset or liability? Although nobody could have predicted the degree of disruption most companies experienced last year, the pandemic did expose the many challenges organizations face when it comes to inventory. How can new technologies help your team improve?

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How to Tackle Today's Most Complex Inventory Challenges

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.