Inventory optimization 2.0 - How next-gen tools can help you get to the next level

© AIMMS - 2015 Do not copy, cite, or distribute without permission

Webinar 3:Inventory Management 2.0Get inspired in how many different ways optimizationimproves your inventory management

© AIMMS - 2015 Do not copy, cite, or distribute without permission© AIMMS - 2015 Do not copy, cite, or distribute without permission

Bob Woodburn

>Senior VP Supply Chain, Papyrus

>Birling Associates

>Waverley TBS

>Danone

Papyrus value chain

With a fine meshed distribution network and effective customer services, Papyrus contributes with cost and timesaving solutions for both customers and suppliers

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Marcel Mourits

> PhD in Supply Chain Network Design

& Operations Research

> Logistics Service Providers

> Retail

> SC & Manufacturing Consulting

> 3 years with AIMMS

Passion for improving decision making


AIMMS…

… offers a new approach to solve critical business problems in typically four months with our breakthrough technology.


Optimization: the raw power to generate solutions

AIMMS helps you find the ‘Best Set of Actions’ to improve the situation

The Power of Optimization!

> generate multiple sets of actions for various scenarios

> evaluate performance, sensitivity, robustness

> always the best fit answer to your requirements and objectives

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Inventory Optimization

With demand becoming more volatile, product life cycles shorter and pressure on

costs higher, the challenge to drive your inventory down is mounting. In addition,

multi-channel multiplies the challenge.

THE REWARD IS HIGH:

ØMoney stuck in Product can’t be invested in growth

ØLower risk of obsolescence

ØLower cost of management and holding stock

ØLower effort in discounting

ØIncreased agility and focus; you’re always ready to look ahead

ØInventory masks your SC imperfections

IT IS NOT VERY EASY, THOUGH . . .7


Inventory Optimization: Theory

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whatservicelevel(s)?


Inventory Optimization: Theory

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> What is the cost of a missed delivery?

> What are ways to prevent missing deliveries without adding inventory?


Theory behind Inventory Optimization

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Theory behind Inventory Optimization

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Inventory Optimization; Examples

multi-echelon

integratinginventory&production


On Focus, Scope and Impact

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REVENUEgrowth

COSTreduction

INVENTORY END-2-ENDmyopic holistic

Pureinventory

Production&

inventory

End-2-Endincludinginventory

OmniChannelinventory

DynamicAllocationClientstodepots

ShapeDemandto

flowinventory

RelocatingRetailOutletinventory

Operations:3DSlotting


Inventory Optimization; who uses AIMMS?

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integratinginventory&production

end-to-endsupplychainincl.inventory

storeinventory&baking

optimization

stocktositeallocation

multi-sitestatisticalsafetystock

storeinventoryre-allocation

purchasing,inventory,blending,

production

warehouseoperations

multi-echelon


Bob Woodburn’s view

> Why is inventory optimization important for you?

> What are complicating factors in your inventory

management?

> What role do you see for planning technology in your

organisation?

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management?


organisation?

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management?


organisation?

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DEMO: Inventory & Production Optimization

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Like to experience for yourself?

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“I’mamazed;Iknowofnoothervendor thatbuildsMYapplicationontheflyinatwo

dayworkshop!“


Next Webinars in this series

For more information refer to: [email protected]

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Date post:	22-Jan-2018
Category:	Business
Upload:	aimms
View:	230 times
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Inventory optimization 2.0 - How next-gen tools can help you get to the next level

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