Additional materials:
Why use simulation for inventory planning and optimization?
Inventory management is a prime example for the use of simulation in supply chain. During this webinar we will have a look at what advantages simulation provides, and how it can help analysts define the right inventory strategies.
Webinar Agenda:
- Inventory optimization challenges
- The analytical approach to inventory optimization: pros & cons
- Simulation-based inventory optimization:
- Safety stock estimation: taking into account operational and disruptive risks.
- Multi-echelon inventory management: considering stocks across the whole supply chain, including multi-tier demand.
- Capturing the complex behavior of supply chains
- Q&A session
