One of our resident inventory optimization experts, Chris Russell, recently spoke with Greg Novitsky, global supply chain analyst at Celanese about the journey to optimize inventory. In this video podcast, Greg provides a veteran perspective on the multi-echelon inventory optimization (MEIO) journey and how Celanese has been able to reach the top of the MEIO maturity curve and achieve significant benefits.
This video podcast will be particularly interesting to supply chain organizations [...]
We work with a lot of branded and private label apparel manufacturers and brand owners, and it’s clear there is a misperception about supply chain complexity in these industries. Counter to what many people think, apparel supply chains are complex and demanding with global sourcing, long lead times, short selling seasons, and demand uncertainty. On the market side, it is extremely difficult to forecast changing fashions and fickle consumer tastes. On the supply side, we have hard-to-model constraints, costs, lead times, and vendor (maker) requirements.
In this episode of our Beyond Inventory Optimization video podcast series we dive further into the Inventory Optimization and highlight 5 core competencies that can make or break a company's competitive advantage. This episode also features Dr. David Anderson, former head of the supply chain practice at Accenture.
We’ve been in the Multi-Echelon Inventory Optimization (MEIO) business for more than 10 years helping companies such as Procter & Gamble, HP and Stanley Black & Decker gain competitive value through reduced inventory...[..]
In case you missed it, I recently spoke with Aberdeen Group’s Nari Viswanathan about the change in S&OP strategy. Here is some of what we discussed. Best-in-class companies clearly differentiate themselves through the use of S&OP The strategic shift is not only in response to the economic upheaval of the last 24+ months but also [...][..]
Inventory optimization (IO) has become an increasingly important topic of late as companies try to balance inventory (amount, location, etc.) with erratic demand and supply variability. Following the inventory slashing practices during the global financial crisis, many were left unable to respond quickly and cost-effectively to a rise in demand, leaving these companies at a[..]