Search Results for: inventory-optimization

  • References for Brightwork Inventory Optimization Articles

    ByPrimary Researcher

    Executive Summary

    These are the references that were used for our Inventory Optimization articles.

    Learn why so few entities in the IT space include references in their work. 
    Introduction
    This is the reference list for the Inventory Optimization articles, as well as interesting quotes from these references at Brightwork Research & Analysis.
    You can select the article title to be taken to the article.
    Reference #1: Article Titled:
    Considering ILOG Inventory Optimization and Multi Echelon
    Go to top
    “Real Optimization with SAP APO,” Josef Kallrath, Thomas I. Maindl, Springer Press, 2006
    Reference #2: Article Titled:
    Why It Is Time for the …

  • Inventory Optimization and Multi Echelon References

    ByPrimary Researcher

    … Theory. 1966.
    Frontline Solvers, Optimized Solutions—Distribution Examples, accessed May 2011, https://www.solver.com/discenter.html
    Hillestad, R.J. Dyna-Metric: Dynamic Multi-echelon Technique for Recoverable Item Control. The RAND Corporation, 1982.
    Lee, Calvin. Demand Chain Optimization: Pitfalls and Key Principles. NONSTOP Solutions, 2002.
    Lee, Calvin. “Multi-echelon Inventory Optimization.” Evant (2003).
    Lei Lei, Shuguang Liu, Andrej Ruszczynski, and Sunju Park. Integrated Production, Inventory and Distribution Routing Problem.  RUTCOR Research, 2003.
    More, Jorge J. and Stephen J. Wright. Optimization Software Guide. Society for Industrial and Applied Mathematics, 1993.
    Muckstadt, John A.  Analysis and Algorithms for Service Parts Supply …

  • Inventory Optimization and Multi Echelon Vendor Profiles

    ByPrimary Researcher

    Profiles
    Vendors showcased in the book “Inventory Optimization and Multi Echelon Software.”
    ToolsGroup
    ToolsGroup offers unique probability-based supply chain planning (SCP) and inventory optimization solutions that allow companies to master even large, heterogeneous, or demanding supply chains. On the demand side, they incorporate best-of-breed demand modeling, order frequency forecasting, and demand-sensing technology. On the supply side, they offer multi-echelon inventory optimization and replenishment planning.
    https://www.toolsgroup.com
    Logility
    Logility is a leading provider of collaborative, best-of-breed supply chain solutions that helps small, medium, large, and Fortune 1000 companies realize substantial bottom-line …

  • Inventory Optimization and Multi-Echelon Planning Software

    ByPrimary Researcher

    Inventory Optimization and Multi-Echelon Planning Software
    Screenshots and examples from MCA Solutions/Servigistics, ToolsGroup, Logility, and SmartOps.
    What The Book Covers
    This book explains the emerging technology of inventory optimization and multi-echelon (MEIO) supply planning. It takes a complex subject and effectively communicates what MEIO is about in plain English terms. This is the only book currently available that describes MEIO for practitioners, instead of for mathematicians or academics.
    The book describes with text and graphics how inventory optimization allows the entire supply plan to be controlled with service levels, and how multi-echelon technology answers the question …

  • Why SAP is About to Change Its Inventory Optimization Story

    ByPrimary Researcher

    Executive Summary

    SAP has provided a misleading story on inventory optimization.
    SAP has a specific extractive pattern when partnering with vendors.
    We predict if SAP has a good chance of being good at inventory optimization and multi echelon planning.

    Introduction to APO Inventory Optimization
    I was recently doing research on SAP’s APO Add-In related to inventory optimization. I was surprised to read what appeared to be the beginnings of an inventory optimization product in one of the add-ins.
    See our references for this article and related articles at this link.
    SAP’s Old Story on Inventory Optimization …

  • How to Understand Supply Chain Segmentation vs Inventory Optimization and Forecastability

    ByPrimary Researcher

    … known as inventory segmentation) is a method of dividing the product location database so that different product location combinations can have different supply planning methods and different supply planning parameter management applied to them. Supply chain optimization is a method of tying the stocking level to the service level. Generally, inventory optimization has received substantial attention, but supply chain segmentation has received far less attention, even though for most companies they will receive more attainable benefits from supply chain segmentation versus inventory optimization. You will learn how supply chain segmentation compares to inventory optimization.
    Our References for This Article
    If …

  • How to Best Understand Inventory Optimization

    ByPrimary Researcher

    Executive Summary

    This is an introduction to inventory optimization that explains where MEIO fits into the supply chain planning space.
    There is a relationship between service level and inventory strategy.

    Introduction to Inventory Optimization
    Inventory optimization is one of the vital supply planning methods. You will learn how inventory optimization works.
    See our references for this article and related articles at this link.
    What is Inventory Optimization
    Inventory optimization is inventory system software that answers the question of how much to keep in inventory. In contrast, multi-echelon planning answers the question of where to keep stock in the supply …

  • Considering ILOG Inventory Optimization and Multi Echelon

    ByPrimary Researcher

    … major supplier of software products in three areas: optimization, visualization, and business rules. The optimization products are ILOG CPLEX for LP (Linear Programming), and MIP (Mixed Integer Programming) and ILOG Solver for constraint programming.” – Real Optimization with SAP APO
    They also offer products in the areas of network design to inventory optimization. The inventory optimization and multi echelon product are called IBM ILOG Inventory Analyst.
    How Does Inventory Analyst Work?
    ILOG Inventory Analyst is, according to IBM material, the only product they have that does both strategic and tactical planning. However, like SmartOps, it does not create transaction recommendations (i …

  • How to Best Understand Multi Echelon Inventory Optimization

    ByPrimary Researcher

    … in different locations is no longer treated as islands. 
    The Companion Math to Inventory Optimization
    Multi echelon Inventory Optimization is the companion technology or math to inventory optimization within inventory optimization and multi echelon (MEIO) software. Multi-echelon is the less well-known of the two parts of multi echelon inventory optimization software. (A definition of inventory optimization is listed in this article.)
    Two Technologies in One Application
    Multi echelon Inventory Optimization is an innovative use of two separate forms of optimization: inventory optimization and multi-echelon inventory optimization (but which I refer to as multi-echelon planning to reduce …

  • SAP’s Anti-Competitive Tactics – How SAP Uses Partnership Agreements to Control Vendor Messaging

    ByPrimary Researcher

    … could be directly critical of SAP. After they have a relationship with SAP, they cannot take this approach. They must pitch their products not as competitive but as “complementary.” This comes across very clearly in the marketing documentation that vendors produce. I have noticed this for some time among many inventory optimization multi-echelon vendors. I found it again on a company’s website that integrates with SAP. I have taken an example from a company’s website. I will leave the specific company out because I don’t mean to single them out, and SAP is to blame for …