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Follow on Google News | Driving shareholder value through the supply chainBarloworld Supply Chain Software has produced a white paper that explains how to drive value to a company’s bottom line through improved inventory flow management.
By: Molokini Marketing Titled ‘Driving shareholder value with multi-echelon inventory optimisation’ The paper investigates how improvements to inventory management can impact operating costs, working capital and customer service. Whether a company is focused on cost-cutting or growth, the effectiveness of its supply chain is probably the single biggest lever available to improve performance. Sophisticated supply chains present huge challenges for coordinating inventory flow and traditional inventory planning approaches lack the sophistication required to optimise the operation of the entire network. CINO (an acronym for Combined Inventory Network Optimisation) By considering the details of all sourcing, transportation and processing alternatives and taking into account lead times, capacities, constraints and service level targets across the entire network, CINO can determine optimal inventory flow and stocking policies for every SKU (Stock Keeping Unit), at every location. It provides early visibility of potential issues and enables companies to collaborate with their suppliers and customers to meet service performance targets efficiently and reliably. This planning approach ensures that service targets are achieved at the lowest possible cost. “CINO software enables organisations to maximise the performance of an existing network, identify any weaknesses and model the impact of planned and unplanned events” says Nick Newby-Ricci of Barloworld SCS. The paper complements a series of discussions on LinkedIn that considers how a number of the global supply chain trends of 2012 are relevant to CINO software, as demonstrated in the whitepaper. To learn more about how CINO software helps to positively affect shareholder value, download the white paper titled ‘Driving shareholder value with multi-echelon inventory optimisation’ Barloworld Supply Chain Software is a leading global supply chain planning company, providing expertise, tools and solutions to help companies optimise their network and inventory performance. Please visit http://www.barloworldscs.com or call +44 (0)121 746 5350 for further information. Ends – 427 Words NOTES TO EDITORS “Barloworld Supply Chain Software develops flexibly deployed software solutions, to enable clients to solve scalable & complex supply chain planning challenges, at the Supply Chain Design, Deployment and Execution level, supported by proven methodologies & processes, and international domain experts in Supply Chain Network & Inventory performance” Barloworld Supply Chain Software is a leading global supply chain planning company, providing expertise, tools and solutions to help companies optimise their network and inventory performance. It has over 20 years’ experience in supply chain planning, with more than 400 software installations across over 600 international clients, supported from offices in the UK, France, USA, South Africa, U.A.E, China and partners worldwide. Barloworld Supply Chain Software provides planning software and methodologies to support supply chain efficiency and continuous performance improvement. It offers global solutions in: Supply chain network design, Demand planning and forecasting, Inventory management, Inventory strategy & Integrated demand and supply planning. Barloworld Supply Chain Software is part of the Logistics arm of Barloworld Plc, a South African multinational with over 18,600 employees and a turnover of more than $7.2 billion. For further information please visit www.barloworldscs.com ------------------------------------------------------------ Please make all PR and advertising enquiries to Molokini Marketing Ltd: MOLOKINI MARKETING Ltd contact : Jude Mitcham T: +44 (0) 1903 207408 Podium House, 61 Chapel Road, Worthing, West Sussex, BN11 1HR, UK jude@molokini.co.uk | http://www.molokini.co.uk End
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