Supply Chain Management Essay

774 Words Sep 4th, 2014 4 Pages
ffective inventory management is at the core of supply chain management excellence. in-process, partner inventories and more, truly sits at the intersection of demand and supply.
Yet our understanding of inventory management practices in many respects still has a long way to go. In fact, it is really only in the last decade or so that the direct link between inventory management
Consultant Gerry Marsh, who works with some of the world’s largest companies, has than competitors will usually have higher stock price multiples even if earnings per share and growth rates are similar between the companies.
Yet, leading up to the recession, inventory levels in most industries had chains, SKU proliferation and other factors that have
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As a result, companies realize that effectively managing inventories a node or level at a time is no longer good enough. The problems and challenges must be tackled more holistically, considering strategies and tools that can tame the growing network inventory beast in a way that brings those inventory levels down while maintaining or even improving customer service levels.
CSCO Insights survey on network inventory management practices.
Survey Results
In late Spring, conducted a survey on supply chain network inventory management.
First, we will review some of the basic demographics of the respondent population, which we think represents a very balanced mix of companies and industries.
Enterprise: 57.8%
Business Unit/Division: 42.2%
Scope of Respondent’s AnswersChief Supply Chain Officer Insights June 2011 CSCOinsights The knowledge source for Supply Chain and Logistics executives
As can be seen on the previous page, about 58% or respondents were answering for the whole company, versus 42% for a
In terms of overall size, there was a good mix across all sales levels, with 23% coming from companies greater than $10

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