Organizations that correctly and thoroughly apply inventory optimization techniques can typically reduce inventories by up to 50% while improving or maintaining service levels. And yet the sad truth ...
Due to the global disruption of the pandemic, heated discussions persist around moving from “lean” supply chains that only focus on cost and efficiency, to more resilient and agile supply chains that ...
Infosys Technolgies Ltd – Inventory Management is one of the key drivers that organisations today realize is essential to not only attain speed in delivering goods to customer but also presents an ...
Dubai, UAE: SAP AG (NYSE: SAP) has announced plans to acquire SmartOps, a leading provider of inventory and service-level optimization software solutions. The acquisition paves the way for SAP to ...
Even though this step is perhaps the most important, it’s often neglected or given short shrift. Start by determining your most critical business needs as they relate to the supply chain. Create and ...
Inventory optimization is a phrase much used and abused. But ask a supply chain professional, let alone another senior executive, how close to optimal their inventories are and you will either get ...
Companies today face an ongoing balancing act as they try to: • carry enough inventory to respond quickly to customer demand and minimize transportation costs; and • minimize investment in inventory, ...