Inventory Optimization

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Fashion Industry Challenges Require Elegant Demand Planning-image

Fashion Industry Challenges Require Elegant Demand Planning

Fashion Industry Challenges Require Elegant Demand Planning

When you’re perusing luxury handbags online, or testing which cocktail dress suits you the best, you probably don’t...

Inventory Planning vs. Inventory Optimization: What’s the Difference?-image

23 February 2021

Inventory Planning vs. Inventory Optimization: What’s the Difference?

Inventory Planning vs. Inventory Optimization: What’s the...

What’s the difference between traditional inventory planning and inventory optimization? Anyone can come up with a plan. The...

Five Things You Need to Know about Inventory Optimization in the Digital Age-image

Five Things You Need to Know about Inventory Optimization in the Digital Age

Five Things You Need to Know about...

With all the buzz around digital transformation, someone peering in from outside supply chain may assume most businesses...

The Absolut Company: Balancing Service and Inventory Creates a Delicious Mix-image

The Absolut Company: Balancing Service and Inventory Creates a Delicious Mix

The Absolut Company: Balancing Service and Inventory...

The world’s #2 selling vodka brand leaves nothing to chance when it comes to quality and sustainability. Here’s...

How to Make Supply Chain Complexity Work to Your Advantage-image

How to Make Supply Chain Complexity Work to Your Advantage

How to Make Supply Chain Complexity Work...

With supply chain complexity increasing at an unprecedented rate, perhaps the biggest challenge for businesses is figuring out...

Design, Operating and Situational Inventory Trade-Offs-image

5 February 2019

Design, Operating and Situational Inventory Trade-Offs

Design, Operating and Situational Inventory Trade-Offs

Gartner analyst Paul Lord has developed a framework to better understand inventory trade-offs by categorizing those decisions according to...

Why Probabilistic Forecasting Is Better for Inventory Optimization-image

13 November 2018

Why Probabilistic Forecasting Is Better for Inventory Optimization

Why Probabilistic Forecasting Is Better for Inventory...

Last month we published a primer on probabilistic forecasting, an alternative to deterministic or ‘single number’ forecasting. In...

Balancing Service Levels and Supply Chain Costs-image

25 September 2018

Balancing Service Levels and Supply Chain Costs

Balancing Service Levels and Supply Chain Costs

Editor’s Note: Last year ToolsGroup became Microsoft’s partner for Multi-echelon Inventory Optimization (MEIO) in Industrial accounts. We collaborated...

How Manufacturers Optimize Their Inventories-image

How Manufacturers Optimize Their Inventories

How Manufacturers Optimize Their Inventories

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions, sat down with me to discuss how...

Still Managing Your Inventory with Spreadsheets?-image

Still Managing Your Inventory with Spreadsheets?

Still Managing Your Inventory with Spreadsheets?

Most companies are still trying to use Excel to optimize their stock levels, managing inventory with spreadsheets. Supply...