Will Benton, CEO of GAINSystems was interviewed by SupplyChainBrain regarding Inventory Optimization (see link below). In the interview he clarifies the definition of true optimization and dispels many of the errant claims to ‘optimization’ that are, in fact, merely inventory management methods.
Shipment delays, stockouts, forecast errors, production bottlenecks, and inventory mismatches — 90% of organizations encounter supply [...]
Organizations with high decision latency move slowly and risk losing their competitive edge in a [...]
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