View the Technology Strategies For Closed-Loop Inventory Management Demo
For manufacturers and distributors, inventory continues to be the lifeblood of supply chains, especially when the economy tightens. Properly managed, it drives revenue and efficiency for companies by reducing working capital and simultaneously increasing customer service. By following the principles of closed-loop inventory management, best-in-class companies are able to continuously optimize their inventory throughout their supply chain to improve customer service levels, forecast accuracy and perfect order metrics.
During this webcast, Nari Viswanathan, Research Director, Supply Chain & Logistics at Aberdeen Group will share the results from their recent research and recommend actions that manufacturers and distributors can take to implement a closed-loop process — and improve their service levels, forecast accuracies and perfect order metrics. Nari will provide insight into how you can assess your business processes, organization and technology and how you can integrate demand analysis, inventory optimization, replenishment and visibility into a consistent process within your organization. He will also look at how key capabilities can serve as enablers of top performance:
- Inventory segmentation
- Demand pattern analysis
- Global inventory visibility
- Event management
- Multi-echelon strategies
Andrew Kinder, Director of Product Marketing for Infor Supply Chain Management solutions, will explore supporting technologies and tools in more depth and examine some of the latest techniques available to achieve closed-loop inventory management. He will also highlight customer case studies and show how improved inventory visibility and demand forecasting has impacted their business performance.