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The recession was a wake-up call for industrial manufacturers, with no more double-digit growth to hide the sins of complexity, long cycle times or high inventories. Throughout 2009, industrial manufacturers focused on freeing up cash. The leaders now emerging from the downturn have redesigned their supply chains to ensure sustainable performance. But will they be the demand-driven leaders of the future?

Published in Best Practices
Tuesday, 11 September 2012 14:23

Demand-Driven Inventory Management Strategies

Companies across a broad spectrum of manufacturing, distribution, and retail segments are striving to be more demand driven.

The demand-driven strategy of allowing actual demand to pull inventory through the company and its supply chain seems simple. However for those using traditional supply chain management practices, other corporate strategies – along with some outside forces –make it a challenge to create a truly demand-driven supply and distribution network. Strategies such as increasing the pace of innovation and appealing to broader ranges of consumers are making product lifecycles shorter and product mix higher.

Published in Industry

Customers, not available inventory, determine demand. Tompkins International’s new paper, Demand-Driven Supply Chains: Getting It Right For True Value, shares strategies for companies to respond in real time and meet today’s market and multi-channel challenges.[...] “It’s about a prompt response to true customer demand,” says Gene Tyndall, EVP, Tompkins International and author of the paper.

Published in Best Practices

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