In a recent survey by McKinsey & Co., 80% of respondents said they had increased their inventories during 2021 to manage through prevailing demand and supply variability brought about by Covid and other disruptions. However, this same study suggests that companies are now searching for ways to build greater supply chain resilience with smarter approaches to inventory management.
The Logility Digital Supply Chain Platform enables your business to address supply and demand uncertainty with multi-echelon inventory optimization by determining how much and what type of inventory to hold at each stocking location to meet desired service levels while complying with specific inventory policies.
In this webcast, you will learn how to:
- Best utilize inventory at suppliers, in the Bill of Materials, and through the distribution network
- Account for demand variability and uncertainty
- Calculate the inventory impact of service level and service time changes