0 Replies Latest reply on Mar 3, 2010 10:17 PM by James

    Inventory Optimization new framework reduces inventory carrying cost by upto 38%

    James Apprentice

      I was in the discussion with the author of a new inventory optimization framework and while I was impressed with the scientific way of targeting the key metrics and doing a balancing act between inventory reduction vis-a-vis customer service levels, he claimed to be able to reduce the inventory levels by upto 38% specially for the manufacturing organizations if this framework is utilized.


      The way, he has briefed on how your inventory optimization efforts can lead you to reverse optimization if certain steps are not taken care of, is great to hear but having said this all, certain apprehensions are coming into my mind if the IO drivers mentioned, can really make the expected impact. Thoughts from the group?