Demand-Driven Inventory Optimization and Replenishment: Creating a More Efficient Supply Chain

ISBN-13: 9781119174028 / Angielski / Twarda / 2016 / 320 str.

Davis, Robert A.

Opis

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.

Spis treści

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

O autorze

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 Nestlé 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.

Blurb

The Authority on Synchronizing a Supply Chain to Customer Demand Updated and Expanded

In this expanded Second Edition of Demand–Driven Inventory Optimization and Replenishment, global expert Robert Davis takes his peerless coverage of inventory optimization further to address how it affects specific business verticals through improved metrics.

This new edition delivers a solid groundwork of fundamentals and best practices proving optimized inventory and replenishment solves in–system weaknesses preventing supply chain excellence, including reducing inventory carrying costs, waste, and working capital. Then, it digs into all new material on:

• Inventory performance, scenario updates, and replenishment
• Best practices for optimizing balance between supply and demand in any vertical
• Up–to–date case studies looking at how optimized inventory and replenishment works at companies all over the world in the retail, high–tech, men′s clothing, and food industries
• Revealing examples of promotional product flow hurting supply chains

Demand–Driven Inventory Optimization and Replenishment, Second Edition is your reliable guide to getting your supply chain ready for everyone to see.