Description
Book SynopsisRemove 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. Beginning with a thorough examination of Just in Time, Efficient Consumer Response, and Collaborative Forecasting, Planning, and Replenishment, this book walks you through the mathematical shortcuts set up in your management system that prevent you from attaining supply chain excellence. This expanded second edition includes new coverage of inventory performance, business verticals, business initiatives, and metrics, alongside case studies that illustrate how optimized inventory and replenishment delivers results across retail, high-tech, men''s clothing, and food sectors.
Inventory optimization allows you to avoid out-of-stock situations without impacting the bottom line with excess
Table 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