2012
New England Supply Chain Conference & Exhibition

Inventory Optimization
Christopher J. Russell, CPIM, Vice President Inventory Optimization, Logility Inc.

This presentation is an introduction to Inventory optimization. The story is told in the context of APICS inventory management, and walks the participants through the maturity levels of inventory optimization. The journey begins with single SKU/Loc, and progresses though Multi-Echelon Inventory Optimization, and completes with using Inventory Optimization as a strategic lever in the supply chain.

Special attention is paid to Multi-Echelon Inventory Optimization, how it works in an extended supply chain, and what the advantages are. The presentation also covers some thoughts on the state of adoption of IO in the market.

Several client-based case-study examples are used to highlight the various uses of Inventory Optimization. How IO is applied in manufacturing, procurement, distribution, marketing, and lean environments is reviewed.

At the completion of this presentation, participants should have a good sense of what Inventory optimization is, what Multi-Echelon Inventory Optimization is, the impact of IO on industry, and how to approach an IO deployment.