Inventory optimization: Old in concept, but new in application. Chris Russell, vice president of Logility, discusses trends in the use of the practice, especially from a multi-echelon perspective.

Recent research shows 80 percent of the consumer goods companies surveyed have a formal sales and operations planning (S&OP) process in place, yet more than half rely on spreadsheets while another 26 percent stated they either utilize a homegrown solution or their ERP system.