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Optimizing the Supply Chain: Back to Basics |
by Khudsiya Quadri, Technology Evaluation, January, 2009
The downturn in the economy is forcing many organizations to focus on the fundamentals. This article goes a step further to suggest that in order to perform at a higher level than your competition, it requires proper tools to evaluate complex information to optimize operations.
Read more: Supplychainbrain.com Article |
| Northeastern Supply Selects TCLogic for Inventory Optimization |
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by Richard Murphy, TCLogic, January 2009
Leading Plumbing and HVAC distributor gains intelligence to realign their inventory that supports their reputation for high in-stock availability.
According to Tony Goncalves, Director of Supply Chain for Northeastern, "We were immediately able to make significant reductions to our surplus inventory by redeploying inventory through our network. We used to make decisions based on distribution folklore with little or no data. Now I have a tool to measure, analyze, and create inventory stocking strategies and support those decisions with inventory intelligence I didn't have before."
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| The Critical Nature of Logistics Systems in Parts Management |
by Walter Weart, Outsourced Logistics, December, 2008
The author provides an argument for the need to establish an environment in many areas of an organization in order to support service levels. While the focus of this article is in service parts, the concepts can easily apply to many industries.
The nature of inventory management has grown increasingly complex, and IT systems must support an environment to provide intelligence to streamline decision-making. Firms with well-managed stocking strategies will be best positioned when the economy improves.
Will your systems and inventory planning practices be ready for the recovery, or will you leave that up to your competition?
Read more:
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Global Supply Chain Risks and Rewards - Top Challenges for 2009 |
by Bernie Hart, J.P. Morgan, December, 2008
Mr. Bernie Hart outlines the top nine challenges in the supply chain for 2009. Among them are supplier financial risk, unpredictable economic recovery, searching for working capital, and shortening the supply chain.
How is your organization positioned to mitigate these and other risks for 2009?
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CALL TO ACTION |
 During a recession, effectively managing inventory and servicing customers is now more important than ever.
Inventory optimization can help your organization free up cash that's tied up in inventory and create a sustainable environment for reducing inventory while maintaining critically high service levels.
To learn more about inventory optimization, or to discuss the potential for improvement, then contact me at any time.
Richard Murphy
VP, TCLogic
317-464-5152 x107
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