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Innovation in stock optimization
On 18 June Groenewout organized the latest innovation update and networking session in Breda. The program was divided into two sets of three parallel sessions, and the venue was Dinalog’s modern offices in Breda. With more than 30 participants and featuring plenty of knowledge sharing, interactive discussions and networking, the event was a resounding success.
Innovation session: Stock optimization
Groenewout hosted the session regarding Stock Optimization. The session started by explaining the many stock optimization methodologies and tools that have been developed. He then used a business case to illustrate how a company can reduce its inventory by 50% while maintaining the same service level. This included discussion of the issue of which items should be kept in stock, in which quantities and whereabouts in the supply chain. The second part of the session explored the opportunities for managing stock in a multi-echelon environment, including the presentation of new solutions in each case.
For questions, please contact Alain Beerens.