Inventory Optimization – Self-Check for Life Sciences

With complex supply chains, SKU proliferation and demanding service levels, life sciences companies stand to gain a competitive advantage by reducing inventory and improving service levels using multi-echelon inventory optimization (MEIO). Such optimization helps supply chain stakeholders achieve lower inventory levels while executing new product introductions cost-efficiently and exploiting market opportunities aggressively. Delve into this white paper to better understand how MEIO can help uncover and release enormous amounts of working capital in excess inventory; model “what-if” scenario analyses to improve the positioning of inventory buffers; build executive support and create a shared understanding of the supply chain, and more.