What is to blame for having too much of the stuff you don’t need and not enough of the stuff you do need? Demand and supply variability are often blamed. These problems are significant and seems impossible to overcome leaving many organizations to simply accept misallocated stock as a cost of doing business. However, the real problem it isn’t simply late supplier deliveries and unpredictable demand. These are supply chain planning “facts of life” and it’s how your company addresses them that counts. Watch Greg Hartunian’s vlog to hear his thoughts and what you can do about it.
Smart Inventory Planning and Optimization automatically calculates the stocking policy that yields the best return for your business considering holding costs, ordering costs, and stock outs. To see it in action, register below to watch a 12 minute demonstration.
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