Understand the Hidden Effects of Optimizing Inventory
Jeff Primeau featured in Industry Today
Date : December 16, 2014

Jeff Primeau discusses potential side effects to consider when planning to optimize inventory.

Demand planning and forecasting projects are popular tactics today for boosting financial results and shareholder value-for good reason. They typically produce one-time and often significant inventory reductions but also higher inventory turns that allow organizations to sustain lower inventory levels over time. The results look great on paper, prompting executives to search for more ways to "optimize" inventory throughout the supply chain.

Too often, though, the decisions to cut inventory and methods for doing so happen with little input from those responsible for distribution operations. Sometimes, distribution centers aren’t even aware of the changes until they notice issues emerging in their once-stable environments. Even when distribution leaders do take part in the discussion, they often fail to consider the potential side effects—primarily because few understand them.

Continue reading on Industry Today.
West Monroe Partners Plans to Double Workforce to Help Address IT Skills Gap
View More
Related News
Date : March 13, 2017

Los Angeles-based senior cybersecurity architect adds nearly 20 years of strategic experience.

David South discusses with Composites Manufacturing the Paris Climate Agreement and the impact it has on composite manufacturers.
Author:
Date : July 27, 2016
Q&A with Tom Racciatti
Author:
Date : March 29, 2016
Tom Racciatti discusses Amazon's supply chain plans and how it will impact the industry