About this Presentation
The standard TOC application for retail focuses on demand pull replenishment. How to set inventory targets, how to dynamically manage these inventory targets, how to utilize the power of aggregation and how to determine the frequency of replenishing stock? While these are important aspects of the solution, the elaborated experience in implementing TOC in various retail companies made it clear that the main focus should not be merely on what to replenish, but rather heavy emphasis must be given to what NOT to replenish. In his 90 minute presentation, Rami Goldratt presents highlights of the considerable developments in applying the concepts of flow to the retail environment. Topics include how to manage vast assortments; how to synchronize new product introduction with liquidation of slow moving items; how to dynamically manage the range; how to manage short product-life cycles, and more. The workshop is a preview for the new S&T tree for retail that will be published in the near future.
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)
