Read more
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.
List of contents
Preface xi
Acknowledgments xiii
About the Author xv
Chapter 1 Creating Demand-Driven Supply 1
Chapter 2 Achieving Timely and Accurate Responses to Customer Demand 19
Chapter 3 Just-in-Time and Enterprise Resource Planning Rise Together 43
Chapter 4 How Does Days of Supply Wreak Havoc on the Supply Chain? 67
Chapter 5 What Will You Accomplish with Inventory Optimization? 87
Chapter 6 Shifting the Focus from an Algorithm Discussion to a Business Discussion 109
Chapter 7 Fitting Unlimited Optimization into a Constraining World 139
Chapter 8 Reviewing the Three Proof of Value Engagements 159
Chapter 9 Inventory Optimization in the Real World: Matas A/S 193
Chapter 10 The Strategic Value Assessment 217
Chapter 11 A View of an Inventory Optimization Installation 233
Chapter 12 Inventory Optimization in Supply Chain Verticals 253
Chapter 13 Pulling It All Together 275
Epilogue 291
Index 295
About the author
The General Editor of the Statistics without Mathematics series at Vor Press is a researcher and data analyst with experience in government, business and the third sector, who is also well-known as an internationally published author of books on statistical testing.
Summary
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.
