eBook

The Inventory Optimization Handbook

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Every supply chain team must rely on a jumble of spreadsheets to balance inventory investment with service level performance. Without balance, excess inventory accumulates throughout the supply chain and traps vital working capital. Inventory Optimization can have a huge financial impact by minimizing inventory and freeing up working capital while guaranteeing the right stock is on hand, when and where it is needed. This eBook discusses modern supply chain planning practices to including Inventory Optimization can:

  • Help determine where and how much stock to hold to meet a designated service level
  • Enable businesses to comply with specific inventory policies to help minimize costs
  • Help to meet customer service requirements.

MORE ABOUT THIS EBOOK:

WHO SHOULD READ THIS EBOOK?

Manufacturing business leaders in supply chain, operations, and inventory and supply chain managers. Learn how to optimize your inventory, minimize costs, and reduce risk with modern supply chain planning practices to inventory optimization.

WHAT CONCEPTS ARE COVERED IN THIS EBOOK?

This eBook covers practical guidance on the benefits of multi-echelon inventory optimization that enables leaders to optimize stock locations and quantities across a supply chain network for maximum efficiency.

WHY THIS EBOOK IS A MUST READ FOR SUPPLY CHAIN ORGANIZATIONS

This eBook covers an intricate overview of IO and MEIO and explains why the two concepts are essential to minimize costs and risks and meet customer service requirements. By harnessing the insights of multiple data streams and using sophisticated machine learning algorithms, IO and MEIO can enable leaders to make faster and more confident decisions about where and how much stock to hold.