Different parts of the enterprise demand different things from inventory, and that can lead to trouble. Sales may want lots of inventory, finance wants to reduce it, procurement has global concerns, manufacturing worries more about production efficiency, and supply chain wants to move from push to pull. Marisa Brown, senior program manager at APQC, discusses how to overcome these tensions in the enterprise, the need for collaboration with all partners, within and outside the company, and the need to monitor the impact of decisions. Moreover, she delves into some of the inventory planning initiatives of some of the companies that APQC has studied and worked with. [Run Time (Min): 17:26]
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