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Demand-Driven Inventory Optimization and Replenishment By Robert A. Davis

Demand-Driven Inventory Optimization and Replenishment by Robert A. Davis

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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.

Demand-Driven Inventory Optimization and Replenishment Summary

Demand-Driven Inventory Optimization and Replenishment: Creating a More Efficient Supply Chain by Robert A. Davis

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. 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 excessive inventory maintenance. By keeping just the right amount of inventory on hand, your company is better able to meet demand without sacrificing the cost-effectiveness of other supply chain strategies. The trick, however, is determining just the right amount and this book provides the background and practical guidance you need to do just that. * Examine the major supply chain strategies of the last 30 years * Remove the shortcuts that prohibit supply chain excellence * Optimize your supply/demand balance in any vertical * Overcome systemic weaknesses to strengthen the bottom line Inventory optimization is benefitting companies around the world, as exemplified here by case studies involving Matas, PWT, Wistron, and Amway. When inefficiencies are built into the system, it's only smart business to identify and remove them and implement a new streamlined process that runs like a well-oiled machine. Demand-Driven Inventory Optimization and Replenishment is an essential resource for exceptional supply chain management.

About Robert A. Davis

ROBERT A. DAVIS is a Principal Product Manager in the Supply Chain Management Solutions group at SAS Institute. Prior to joining SAS, Davis worked for over twenty years with Nestle and ConAgra in their Grocery Products Divisions. During that time, he helped develop best practices in account management, trade spending analysis, and replenishment planning. He has been recognized with national awards for excellence in sales and business management. At SAS, he has helped develop expertise in supply chain cost analysis in the fast-moving consumer products industry, inventory optimization, service parts optimization, and sales and operations planning. He is a recognized global expert in multi-echelon inventory and replenishment optimization.

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

Additional information

NPB9781119174028
9781119174028
1119174023
Demand-Driven Inventory Optimization and Replenishment: Creating a More Efficient Supply Chain by Robert A. Davis
New
Hardback
John Wiley & Sons Inc
20160216
320
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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