News: Barloworld SCS webinar shows how businesses can improve shareholder value
To help businesses improve shareholder value,
Barloworld Supply Chain
Software held a webinar to demonstrate the
benefits of multi-echelon inventory optimisation.
The complimentary webinar, titled 'Improving shareholder value
with multi-echelon inventory optimisation', was held online on
Wednesday 1 February and was presented by Nick Newby-Ricci,
Business Development Manager and Jonathan Tucker, Product Manager,
of Barloworld Supply Chain Software (Barloworld SCS).
In the current economic climate many businesses face the
challenge of how to deliver the level of service that customers
require in order to compete effectively. According to Barloworld
SCS, traditional approaches to inventory management are not capable
of calculating inventory policies that enable the service level
customers demand with an acceptable level of working capital.
However, multi-echelon inventory optimisation applications such
as
CINO software from Barloworld Supply Chain Software, enable a
step change in the way that inventory is managed across the
network. By achieving greater transparency and the ability to model
end to end inventory flows, businesses are able to reduce working
capital and consistently achieve targeted service performance
levels.
"Throughout the webinar, we demonstrated how Multi Echelon
Inventory Optimisation (MEIO) positively impacts the various
elements of shareholder value" explains Nick Newby-Ricci of
Barloworld SCS. "We hope to enable businesses to identify and
quantify supply chain risk, empower S&OP processes and model
and execute agile inventory strategies across complex and
constrained supply chain network."
To view a recording of the webinar online, please go to the media
section of the Barloworld SCS website. A white
paper has also been produced to accompany the webinar and is
available to download from the Barloworld SCS website.