Inventory Strategy provides a turnkey approach for determining the proper role and level inventory should play in a company’s supply-chain strategy. Used for decades by today’s most successful companies, this proven methodology lets inventory and supply-chain managers, as well as financial and operations executives, analyze and manage inventory to maximize return on invested capital, improve perfect-order percentages, and spend and invest precisely what is necessary to accomplish a company’s unique supply-chain objectives.

Written by the world’s leading authority on inventory planning and management, this empirical guide provides everything you need to optimize inventory turns and fill rates. Along the way, you gain:

• The complete RightStock™ optimization method for maximizing return on invested capital, value-added inventory, and gross margin return on inventory, while minimizing inventory policy costs

• A refreshing primer on fundamentals to clarify the advanced interdependencies within supply chains, companies, and business partners

• Strategies for creating value-added inventory to reduce risks, gain cost advantages, and float inventory

• Techniques for optimizing inventory in a fully integrated supply-chain strategy

Operations leaders are often faced with two goals: lower unit costs and reduce inventory. However, while inexpensive sourcing and quantity discounts work to reduce unit costs, inventory inherently rises. Now, Inventory Strategy offers the same world-class advice to building a profitable system to manage inventory that has produced a total of more than $1 billion in profit increases for some of the most recognizable companies in the world.

By challenging prevalent assumptions of inventory as a wasteful liability, this redefining methodology identifies the different functions stored supply can perform as it relates to optimizing revenue, expense, and capital. Grounded in the successful RightStock™ approach to inventory strategy, which has helped companies in every industry across the globe for more than two decades, this practical guide empowers you in the boardroom with fact-based solutions for:

• Mitigating risk in demand and supply variability

• Protecting a supply chain from natural disasters, labor strikes, and other abnormal disruptions

• Producing economies of scale in production and procurement

• Physically and financially floating inventory for an optimal time period before making it on-hand inventory

• Allocating inventory based on product maturities

Inventory Strategy provides a turnkey approach for determining the proper role and level inventory should play in a company’s supply-chain strategy. Used for decades by today’s most successful companies, this proven methodology lets inventory and supply-chain managers, as well as financial and operations executives, analyze and manage inventory to maximize return on invested capital, improve perfect-order percentages, and spend and invest precisely what is necessary to accomplish a company’s unique supply-chain objectives.

Written by the world’s leading authority on inventory planning and management, this empirical guide provides everything you need to optimize inventory turns and fill rates. Along the way, you gain:
 

• The complete RightStock™ optimization method for maximizing return on invested capital, value-added inventory, and gross margin return on inventory, while minimizing inventory policy costs

• A refreshing primer on fundamentals to clarify the advanced interdependencies within supply chains, companies, and business partners

• Strategies for creating value-added inventory to reduce risks, gain cost advantages, and float inventory

• Techniques for optimizing inventory in a fully integrated supply-chain strategy

Operations leaders are often faced with two goals: lower unit costs and reduce inventory. However, while inexpensive sourcing and quantity discounts work to reduce unit costs, inventory inherently rises. Now, Inventory Strategy offers the same world-class advice to building a profitable system to manage inventory that has produced a total of more than $1 billion in profit increases for some of the most recognizable companies in the world.

By challenging prevalent assumptions of inventory as a wasteful liability, this redefining methodology identifies the different functions stored supply can perform as it relates to optimizing revenue, expense, and capital. Grounded in the successful RightStock™ approach to inventory strategy, which has helped companies in every industry across the globe for more than two decades, this practical guide empowers you in the boardroom with fact-based solutions for:

• Mitigating risk in demand and supply variability

• Protecting a supply chain from natural disasters, labor strikes, and other abnormal disruptions

• Producing economies of scale in production and procurement

• Physically and financially floating inventory for an optimal time period before making it on-hand inventory

• Allocating inventory based on product maturities