Remove built-in supply chain weak points to more effectively balance supply and demand Demand-Driven Inventory Optimization and Replenishment shows how companies can support supply chain metrics and business initiatives by removing the weak points built into their inventory systems.
Remove built-in supply chain weak points to more effectively balance supply and demand Demand-Driven Inventory Optimization and Replenishment shows how companies can support supply chain metrics and business initiatives by removing the weak points built into their inventory systems.
Remove built-in supply chain weak points to more effectively balance supply and demand
Demand-Driven Inventory Optimization and Replenishment shows how companies can support supply chain metrics and business initiatives by removing the weak points built into their inventory systems. Beginning with a thorough examination of Just in Time, Efficient Consumer Response, and Collaborative Forecasting, Planning, and Replenishment, this book walks you through the mathematical shortcuts set up in your management system that prevent you from attaining supply chain excellence. This expanded second edition includes new coverage of inventory performance, business verticals, business initiatives, and metrics, alongside case studies that illustrate how optimized inventory and replenishment delivers results across retail, high-tech, men's clothing, and food sectors.
Inventory optimization allows you to avoid out-of-stock situations without impacting the bottom line with excessive inventory maintenance. By keeping just the right amount of inventory on hand, your company is better able to meet demand without sacrificing the cost-effectiveness of other supply chain strategies. The trick, however, is determining "just the right amount"—and this book provides the background and practical guidance you need to do just that.
Inventory optimization is benefitting companies around the world, as exemplified here by case studies involving Matas, PWT, Wistron, and Amway. When inefficiencies are built into the system, it's only smart business to identify and remove them—and implement a new streamlined process that runs like a well-oiled machine. Demand-Driven Inventory Optimization and Replenishment is an essential resource for exceptional supply chain management.
ROBERT A. DAVIS is a Principal Product Manager in the Supply Chain Management Solutions group at SAS Institute. Prior to joining SAS, Davis worked for over twenty years with Nestlé and ConAgra in their Grocery Products Divisions. During that time, he helped develop best practices in account management, trade spending analysis, and replenishment planning. He has been recognized with national awards for excellence in sales and business management. At SAS, he has helped develop expertise in supply chain cost analysis in the fast-moving consumer products industry, inventory optimization, service parts optimization, and sales and operations planning. He is a recognized global expert in multi-echelon inventory and replenishment optimization.
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.
The Authority on Synchronizing a Supply Chain to Customer Demand Updated and Expanded In this expanded Second Edition of Demand-Driven Inventory Optimization and Replenishment , global expert Robert Davis takes his peerless coverage of inventory optimization further to address how it affects specific business verticals through improved metrics. This new edition delivers a solid groundwork of fundamentals and best practices proving optimized inventory and replenishment solves in-system weaknesses preventing supply chain excellence, including reducing inventory carrying costs, waste, and working capital. Then, it digs into all new material on: Inventory performance, scenario updates, and replenishment Best practices for optimizing balance between supply and demand in any vertical Up-to-date case studies looking at how optimized inventory and replenishment works at companies all over the world in the retail, high-tech, men's clothing, and food industries Revealing examples of promotional product flow hurting supply chains Demand-Driven Inventory Optimization and Replenishment, Second Edition is your reliable guide to getting your supply chain ready for everyone to see.
This item is eligible for free returns within 30 days of delivery. See our returns policy for further details.