Supply chain optimization is the ability to access real-time data related to the order process, inventory, delivery, and supply chain distribution. With all of these core things working productively, supply chain optimization can deploy strategy effectively, reduce costs, and improve customer service. Recently, the COVID-19… Read More »Effective & Essential Supply Chain Optimization
When people talk about Inventory Optimization (IO), there are probably many definitions behind it: it could mean reducing forecast error with better demand planning, or establishing better inventory target levels, or even improving daily inventory management. Over the past decade, the term has moved from a theoretical construct to a practical tool that improves corporate profitability.
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