Inventory Optimization

Using a tailored simulation model provides strategic insight into inventory management, resulting in improved forecast accuracy, reduced errors by 26%, and lowered Mean Absolute Percentage Error from 28% to 20.7%, research found.

Adopting an integrated approach to inventory management not only mitigates risks but also fuels long-term business success, says Oliver Wight Americas’ Business Advisor Alexander Miltenburg.

The decision to ship products via air or ocean requires more information than just a cost analysis of the two modes—it involves using inventory carrying cost and inventory investment data to make a sound choice.

Bloated inventories were not confined to retail post-COVID, and while the retail sector has brought inventories under control, the industrial sector has not.

Delivering reliable product supply has only become more difficult in recent years with market challenges. To get back on track, organizations should focus on the development and practice of two performance management disciplines: Stock control for…

Co-founder Samay Kohli transitions to the board of directors.

On this episode, Larry Lapide explains why he’s a fan of inventory, especially good inventory. SCMR’s Editorial Director Bob Trebilcock hosts.

Antuit.ai is combining historical data and new sources of data with AI and machine learning to recommend promotion strategies and inventory allocation down to the shelf level.

The acquisition of Avercast adds inventory optimization, S&OP and capacity planning capabilities.

In this webinar, Mark Newberry, a partner in the global supply chain consulting practice at Tata Consultancy Services, explains how digital technologies and cognitive analytics can help you optimize inventory performance.