Removing Barriers to Inventory Optimization
Join Deloitte and Logility as they tackle two common barriers that can derail inventory optimization initiatives and prevent a company from achieving outstanding customer service while minimizing inventory investment.
The Technology Barrier: Reliance on limited tools (such as modules built into, or bolted onto, existing ERP systems) or inadequate ones (e.g. error-prone, hard-to maintain spreadsheets). These tools are unable to effectively analyze and model the required amount of inventory.
The Complexity Barrier: An internal perception that it is “too difficult” to understand and implement proven mathematical tools and business processes that streamline the creation of optimal inventory policies and targets.