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Letter "S" » Steve Banker Quotes
«In general, supply chain planning is about reducing the amount of inventory in the enterprise. Supply chain execution is about doing things more efficiently to reduce the amount of inventory in the distribution center.»
«Service parts inventory represents a unique set of challenges. We did talk to some of MCA's customers. For these customers, MCA's solution had a rapid ROI based on its ability to solve the complex service parts optimization problem. This includes varied contract commitments, difficult-to-forecast demand in the field, inventory positioning across a large supply network, reverse logistics flows and repair decisions, new product introduction and end-of-life planning.»