Tech Industry

Synchronize Supply Chain Inventories to Minimize Excess Stock, Outages, and the "Bullwhip Effect"

Date Added: Jun 2009
Format: HTML

The global nature of supply chains makes it difficult to accurately view, replenish, and move stock inventory. Many traditional systems rely on reorder point replenishment and large batch processing - without considering fluctuations in demand or variations in replenishment lead time. This causes stock outs or excess inventories that frustrate the customers, damage the corporate brand, and impact the bottom-line. The Balanced Flow system offers a new approach to manufacturing scheduling and inventory replenishment. It enables one to order, make, and move the right products at the right time - improving operational and supply chain efficiency. Balanced Flow replaces traditional replenishment practices with synchronised real-time, constraints-based ordering and scheduling, to maintain balanced inventories for each supply chain partner.