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Life Sciences Supply Chain Inventory Optimization

Logility

The life sciences are integral to the quality of life and lifespan, but the field faces some uniquely difficult inventory challenges. You can then take it a step further with multi-echelon inventory optimization (MEIO), which provides visibility to everything from raw materials, to finished goods.

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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?

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Leading Inventory Attack Teams with Richard Lebovitz

The Logistics of Logistics

Richard Lebovitz and Joe Lynch discuss leading inventory attack teams. Richard is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. About Richard Lebovitz Richard Lebovitz is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization.

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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.

Modeling 270
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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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Miroglio Fashion: AI-Powered In-Season Inventory Optimization

ToolsGroup

That’s why Evo CEO Fabrizio Fantini jumped at the chance to work with Harvard Business School Professor Sunil Gupta to participate in a case on Miroglio’s huge success increasing profits through in-season inventory optimization. But fashion is inherently hard to predict. Read the case on Harvard Business School website Read here →

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ToolsGroup Launches Integrated In-Season Retail Inventory Optimization Solution 

ToolsGroup

BOSTON & LONDON — January 15, 2024 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the launch of their In-Season Inventory Optimization Solution, an integrated suite of tools in the greater JustEnough retail planning and execution suite. Read more HERE.

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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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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

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 Mastering inventory, cycle times, and cost-to-serve 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.

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Mastering Order Management: Backorders & Out-of-Stock Inventory

This brief video explores some of the primary drivers of inventory issues – and how modern technology and best practices can mitigate these issues and ensure a superb customer experience. The unfortunate truth is that you will always have low stock and backorder issues with your supply chain.

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Automated Order Processing and Proactive Inventory Management

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

Companies should have seamless integration between order entry, inventory management, forecasting and supply planning models and purchase order status to sense risk, pull levers to mitigate potential risk, and communicate within and outside the organization.

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5 Steps to 100% Inventory & Asset Accuracy: A Warehouse Manager’s Guide to RFID

The guide is “5 Steps to 100% Inventory & Asset Accuracy.” What's your inventory accuracy? We’re excited to share a guide created in collaboration with our partners at Zebra and T&W Operations, experts in RFID Smart Solutions. What's inside the eBook? Case study: Military contractor saves time & money