This is a quick introduction to Multi-Echelon Inventory Optimization. If Supply Chain inventory planning is important to you then you may find the information very useful. Please don't forget to hit the little Green button on the bottom to start playing the presentation with voice-over.
2. Keeping The Customer Happy At What Cost ? The decision on how much inventory to hold is a trade off between customer service and the level of working capital Finance looks to keep costs down, and Customer Service wants high levels of service. Cost Savings Customer Service
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4. The cost of inventory , like any other insurance must be weighed against the value of what is at risk and the chance of a loss happeningStrategy Tactical Inventory Cost of Inventory Commodity Make-to-Stock Demand Variability = Cost of lost Sales Specialty Lead Time Make-to-Order
5. What Are Enterprises Doing Wrong? By not measuring these critical factors a company will not have the right amount of inventory for each product. As risk increases the amount of weeks of inventory should increase. Just right Too Much Too Little