About this Presentation
To be able to manage thousands of SKUs every day in 29 different locations, with suppliers delivering at both store and DC level was no easy task. A more holistic view of the total inventory in their supply chain and quick reaction to consumer demand was impossible, resulting in lost sales and no fine control of inventory turns for all products. This was the classical distribution core conflict. After an initial assessment, NeoGrid advised COOP that a faster responsive supply chain could significantly bring both expected results, using technology to manage inventory levels dynamically according to their end-consumer purchase behavior. Aggregation, leadtime adjustments and dynamic buffer management would build a model that could cope with the linkage of the whole retailer distribution chain as one system, reducing the levels of inventory in the whole chain while coping with better product availability at the store level. Positive results using all concepts and models: 23% less inventory and 13% less stockouts.
What Will You Learn
To help you get the most value from this session, we’ve highlighted a few key points. These takeaways capture the main ideas and practical insights from the presentation, making it easier for you to review, reflect, and apply what you’ve learned.
Instructor(s)
