In this excerpt from the book Operations Rules: Delivering Customer Value through Flexible Operations, author David Simchi-Levi explains why unstable fuel prices should lead companies to rethink the way they manage inventory, production, customer service, and supply chain integration.
The iconic retailer has revamped its inventory practices to support a multi-channel selling strategy. The result: less overstock of seasonal inventory, more of the products its customers buy all year long, and a reduction in warehousing costs.
Produce-to-demand manufacturing can help some consumer packaged goods companies reduce finished-goods inventory, improve order fill rates, and cut supply chain costs. Here?s how to know whether it?s right for you.
For companies that are struggling to get an end-to-end view of their global supply chains, taking command of multi-enterprise visibility issues in ways that combine real-time information, event processing, and advanced analytics may provide the answer.