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Inventory Optimization and Its Integration with Demand Planning

Businesses that do not keep a careful eye on their inventory will find a host of problems such as unsatisfied customer orders or misplaced stock. These risks can be eliminated by efficient Inventory management and demand planning which are considered important parts of the supply chain. Yet, many look at them as different and somewhat disconnected functions within supply chain management. However, using an integrated demand planning and inventory management system ensures inventory accuracy. To that end, state-of-the-art optimization solvers and data science tools work seamlessly together to combine inventory optimization with accurate demand planning that provides excellent inventory accuracy, which is necessary to remain competitive.

Join our interactive webinar to learn about:

  • Demand planning and inventory management challenges
  • The integration of Inventory Optimization with demand planning and its benefits
  • Machine Learning++ and its advantages
  • Required technologies for integrated inventory optimization and demand planning solutions
  • How Cresco International can help you

 

 

Those are just some of the highlights, and Meysam Cheramin, Operations Research Specialist of Cresco International, and Sanjeev Datta, CEO of Cresco International, will go into much more detail in the webinar. Whether you are an expert in the field of optimization and data science or you do not know anything about them, you are guaranteed to learn new ways to help many companies that are struggling to control inventory levels while managing customer demands across multiple channels.

 

Register Here

 

Date

Aug 03 2022

Time

Central Time (UTC-06:00)
11:00 am - 12:00 pm

Cost

Free
Cresco International

Organizer

Cresco International
Email
info@crescointl.com
Website
https://crescointl.com/

Other Organizers

Speakers

  • Meysam Cheramin
    Meysam Cheramin
    Operations Research Specialist

    Meysam is an operations research specialist with 7 years
    of experience in optimization, simulation, and data
    analytics. He has been providing consulting services that
    leverage operations research techniques based on the
    idea that all solutions should focus on return on
    investment, profit margin improvements, and new
    revenue opportunities. He is keen on solving business
    problems using a hybrid approach of analytics, modeling,
    and process improvement.

    Meysam has built many optimization applications for
    various supply chain, healthcare, energy, and financial
    problems. Developing resilient supply chain networks for
    recycling permanent magnets, developing an operating
    room scheduling application for hospitals, developing a
    workforce scheduling application for call centers, and
    developing trade promotion and pricing optimization
    applications for retailers are some of his past project
    experiences. Meysam’s technical toolbox includes Python,
    C++, C, CPLEX, Gurobi, FICO Xpress, GAMS, AMPL, CVX, R,
    SQL, SAS, MATLAB, and ARENA.

    Meysam holds B.S. and M.S. degrees in Industrial
    Engineering from the Kharazmi University and Sharif
    University of Technology (Tehran, Iran). He has a Ph.D. in
    Systems and Industrial Engineering from the University
    of Arizona. He is the author of several academic papers on
    optimization under uncertainty, supply chain
    optimization, and healthcare scheduling.

    Furthermore, he presented his work at several
    international conferences including the Institute for
    Operations Research and Management Sciences
    (INFORMS) and the Institute of Industrial and Systems
    Engineers (IISE). He also has a few years of experience in
    teaching optimization, simulation, and statistics at the
    university level.

  • Sanjeev Datta
    Sanjeev Datta
    CEO

    Sanjeev has spent the last two decades consulting companies in technology and strategy around analytics and enterprise architecture. He has helped companies with data strategy, data governance, analytics & Data Science. He has led teams to deliver excellence for clients from strategy to implementation. His career began as a consultant working closely with technology which has allowed him to understand clients’ needs and the importance of generating ROI for continued business and partnerships.

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