Who Benefits Most from Optimization Tools? |
by STAFF, CSCMP's Supply Chain Quarterly, January, 2010
From the staff at CSCMP, this question is discussed in an article published in Supply Chain Quarterly magazine last month. Citing the results of research provided by Manufacturing Insights, the article suggests that manufacturers are typically the best candidates for optimization tools due to the amount of capital invested in fixed assets.
While Manufacturing Insights' ideal profile is valid, we feel there are other profiles to include.
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The New Normal Will Dictate Lower Inventories |
by Joe Salimando, Tedmag.com, November, 2009
If data coming from electrical distributors is an indication of a larger trend in inventory levels for other industries, it would be that reduced inventory investments will become the new normal for 2010. This is supported by examples from distribution giants such as Grainger, WESCO, and Baldor. Each has reduced their inventory from between 6% and 10% this past year.
Are lower inventories part of your new normal?
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Is Effective Inventory Management on Your Critical List? |
by Tompkins Associates, SupplyChainBrain, Janaury 2010
In a white paper published by Tompkins Associates, Jim Tompkins, president and CEO of Tompkins Associates, discusses the evolution from strictly inventory optimization to a process of Sales, Inventory and Operations Planning (SIOP). Mr. Tompkins adds, "There are conflicts within companies that inventory optimization alone cannot address."
Is effective inventory management on your critical to-do list for 2010?
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Rightsizing Your Inventory |
These days, cash will remain king. Rightsizing your inventory investment and servicing customers is more important than ever.
That's why inventory optimization is considered one of the most valuable tools in the market today. Not only does it mitigate the complexity of supply chain planning and help your organization release cash that's tied up in working capital, but it also creates a sustainable environment for reducing inventory.
Want to know more? Contact TCLogic today and find out how inventory intelligence can get you the results you need.
Please provide contact information and the best date/time to be contacted. |