Still Optimizing Your Inventory In Siloes? Unlock the Power of Multi-Echelon Inventory Optimization
Despite the increasing pressure to reduce working capital across many industries, many multinationals still optimize their inventory in the end-to-end supply chain in siloes. This leaves room for improving costs, customer service and working capital. This article explains the concept of multi-echelon inventory optimization and how to successfully implement it in your organization, along with best practices and lessons learned from a real life MEIO implementation in the CPG industry.
From Issue:
Demand Shaping With Supply in Mind — The Planner’s Role in a Supply Constrained World
(Winter 2023-2024)
IBF Journal Article by Maarten Driessen, originally published in Winter 2023-2024
Still Optimizing Your Inventory In Siloes? Unlock the Power of Multi-Echelon Inventory Optimization