End-to-end inventory optimisation

Are you curious about how you can improve your company’s net working capital, free up cash and build a resilient supply chain? Join our inspiring webinar where you will gain a deeper understanding of how to improve your inventory planning and take your business to the next level.

Inventory is essential to running any supply chain in terms of product availability. At the same time, excessive and unnecessary inventory will only increase the net working capital, limiting the company’s chance to grow – thus making inventory management a key factor in a supply chain. 

Balancing end-to-end inventories and availability in a supply chain is a complex and challenging task. Traditionally, this has been accomplished through a combination of safety stock and reorder point calculations with manual overwrite from planners. It is not uncommon for planners to increase the safety stock and reorder point when availability issues arise but forget to adjust again when the issues are resolved or when demand drops. This can result in an excess of inventory in the supply chain which can tie up valuable resources and have a negative impact on the company’s net working capital.

For far too long, calculating upstream inventories to meet customer service levels has been a murky and confusing process leaving planners in the dark and lacking trust in the inventory calculations which often leads to overwriting the parameters. But now a solution has been found.