Optimize Inventory Performance with Digital Technologies and Cognitive Analytics

COVID-19 has turned supply chains upside down, especially when it comes to forecasting the right amount of inventory to meet demand in uncertain times.

But it’s not just COVID that has companies rushing to adapt their network designs and inventory policies to a new operating environment. They’re also grappling with an onslaught of e-commerce orders, the impact of M&A activities and the desire for resiliency.

Leaders in the Life Sciences and Consumer Packaged Goods industries, to name just two, have collapsed disparate network structures to optimize inventory levels, operational expenses and customer service levels and to achieve synergy goals from M&A initiatives. Another benefit from inventory optimization? Lower working capital.

Of course, it takes new tools to achieve these results.

In this webinar, we’ll explain how digital technologies and cognitive analytics can help you optimize inventory performance. You’ll walk away understanding:

• The role of digital technologies and cognitive analytics in these scenarios
• Their importance in improving the decision quality and speed for making the difficult structural changes
• How the improvements can be permanent

Sponsored by:

Moderator: Bob Trebilcock, Editorial Director, Supply Chain Management Review
Recording Date: November 19, 2020
Panelists: Mark Newberry, Partner, Global Supply Chain Consulting Practice, Tata Consultancy Services

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