| Overseas Sourcing is Pushing Inventories Higher |
from Logistics Management, by Corinne Kator
Writing for Logistics Management magazine, author Corinne Kator provides examples of why inventory levels are on the rise in the US. In addition to a stalled economy and increased expectations from customers, is the increase in overseas sourcing. If an organization is sourcing from overseas, increased inventory levels are inevitable. But there are ways to keep inventory levels in check.
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Technology and Sales and Operations Planning |
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from the SCDigest.com editorial staff
The editorial staff at SCDigest.com explains that while creating process excellence is the foundation from which to implement S&OP, the use of technology is vital to the success of scaling the program.
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Are Your Stocking Strategies Holding You Back? |
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 Inventory optimization can break the chain that binds! Pre-recorded educational briefing for inventory optimization - the most service at the least cost
Knowing what to stock, when, and how much in order to meet customer requirements is difficult to determine with a large population of SKU's. Adding the variability of demand, supplier lead times, SKU proliferation, financial constraints, business objectives, vendor requirements, etc, across thousands of SKU's, creates a nightmare for inventory planning. So how do best-in-class organizations effectively manage one of their largest assets and provide high service levels? The answer can be provided through inventory optimization. This online educational briefing will introduce how incorporating inventory optimization can provide inventory intelligence that reduces the investment in inventory while achieving best-in-class service levels.
Click here to send an email and receive the link for this pre-recorded briefing. |
