Title:
The Impact of Vendor Performance on Retail Inventory Levels – Unlocking the Mysteries
A Detailed Look at How Reducing Vendor Lead Time and Fill Rate Variance Drives Lower Inventories and Improved Cash Flow
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Date: Tuesday, Nov. 12, 2013
Time: 11:30am EDT, 10:30am CDT, 9:30am MDT, and 8:30am PDT
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Abstract:
For all the focus on supply chain management in the consumer goods to retail industry, there is simply not much solid understanding of exactly how vendor performance in such areas as fill rates and lead times – and more importantly the variances seen in those metrics – impacts overall and store inventory levels.
We’ve been on something of a crusade here to unravel these mysteries, and we definitely take another step forward with this broadcast.
In this videocast, we use vendor performance information from a real retailer to show how reducing lead time and fill rate variance, achieved through targeted programs, can substantially reduce the amount of inventory a retailer needs to carry in its supply chain.
The key of course: actually using improved vendor performance to optimize inventory and safety stock policies.
We’ll cover all this and more in this fast–pace broadcast, as we peel another layer off this onion.
Not to be missed for retailers and consumer goods manufacturers. Retailers – please encourage merchandisers in your organization to participate too!
Featuring analysis of actual retailer vendor data, SCDigest editor Dan Gilmore, Mark Krupnik of Retalon, former retail supply chain executive David Schneider, and Richard Wilhjelm of Compliance Networks.
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What You’ll Learn/Benefits of Attending: |
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Why it has been so hard for the consumer goods to retail sector to be able to effectively model/quantify the link between vendor performance, inventory levels, and out-of-stocks |
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Specifics on how reducing lead time and fill rate variability links directly to opportunities for inventory improvement - we'll show the math.
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How achieving those inventory reductions will take a more proactive approach to inventory policies |
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What if I can't attend on this date?
Archived version will be available soon after broadcast.
Register now even if you can't attend live date to receive email with on-demand link.
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Speakers:
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Dan Gilmore
Editor
Supply Chain Digest
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David Schneider
President
David K. Schneider & Associates
Former Retail Supply Chain Executive
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Richard Wilhjelm
VP, Sales & Business Development
Compliance Networks
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