What issues in industry verticals prompt a look at inventory optimization? What initiatives are impacting inventory optimization today? What business KPIs can be improved by using inventory optimization? This updated and revised edition of Demand-Driven Inventory Optimization and Replenishment tackles these new topics and more along the way to guiding practitioners to create a successful demand-driven supply chain.
Many of today's inventory systems don't fully leverage their supply chains and waste too much time and effort because of faulty replenishment processes. SAS expert Robert Davis knows all too well, and this eye-opening Second Edition represents the definitive look at demand-driven inventory optimization and replenishment, from a review of the most basic inventory management concepts to such advanced ones as multi-echelon inventory management. You can find this practical guide in many C-suites for its insightful guidance, helpful suggestions, and real-world case studies, exploring:
- How to overcome in-system weaknesses and deliver results
- The three major supply-chain efforts of the last three decades
- An efficient path to demand-driven supply
- Best practices for shifting from supply-driven to demand-driven methodologies
- How systematic distribution systems work as a complete network
- What it takes to respond to customer demand with speed and accuracy
- The advantage to dialing back "fast" replenishment and focusing on having the right inventory
- All the ways ERP systems get a boost from inventory optimization
- The good, bad, and best of "proof-of-value" engagements
- Real-world stories of inventory optimization
Demand-Driven Inventory Optimization and Replenishment, Second Edition is your single-source answer to orchestrating a supply chain to react as one process to a single demand signal.