Afraid to let safety stocks get too low, companies often get overwhelmed by their inventory. New ideas, processes and technologies in inventory management can solve that.
CooperVision was rapidly growing its contact lens business even before recent acquisitions that added significant new volume. Fortunately, the company already had a plan to increase and improve its logistics capabilities well under way.
Increased offshore manufacturing coupled with growing demands for more customized products and rapid delivery require a more flexible order-fulfillment model. Supply-chain strategists and solution providers are responding to this challenge.
Fast-growing Dollar General Corp. undercuts Wal-Mart on prices, even as it spends heavily on new systems to enhance transportation, warehousing and supplier links.