Multi-Echelon Inventory Optimization Takes Center Stage with Logility at INFORMS Conference

Experts Outline Best Practices and Share the Benefits of an MEIO Approach

ATLANTA–(BUSINESS WIRE)– Logility Inc., a leading supplier of collaborative solutions to optimize the supply chain, is taking multi-echelon inventory optimization (MEIO) to center stage at the INFORMS Conference on Business Analytics & Operations Research in San Antonio, TX April 7 – 9, 2013. Three MEIO authorities will present and provide insights into how inventory optimization can transform an organization’s ability to balance cost and service levels to reduce working capital tied up in inventory.

Sean Willems, PhD, associate professor, Operations Management, Boston University School of Management and chief scientist at Logility will outline how to successfully implement both tactical and strategic MEIO projects through a proven implementation methodology based on more than a decade of deployments around the world. Sean’s session, “A Guide for Multi-Echelon Inventory Optimization Projects: Lowering Inventory while Improving Service Levels,” is Monday, April 8 at 1:50 pm.

Chris Russell, vice president at Logility, will discuss how MEIO works in an extended supply chain and the advantages of utilizing inventory optimization in manufacturing, procurement, distribution, and lean manufacturing environments. Chris’ session, “The Journey to the Top of the Multi-Echelon Inventory Optimization (MEIO) Maturity Curve,” is scheduled for Monday, April 8 at 10:30 am.

Jeff Pittman, senior business consultant at Logility, is set to lead a workshop to help attendees understand inventory optimization planning and strategy as it applies to the end-to-end supply chain. Jeff will discuss how MEIO helps businesses gain insight into the uncertainties inherent within demand and supply networks and how the solution can help position inventory in its proper forms and levels within the supply chain to maintain optimal service levels. Additionally, he will explore how inventory optimization helps minimize the impact of uncertainty in supply and demand, allowing better use of assets. This workshop, “Inventory Optimization and Supply Chain” will occur Sunday, April 7 at 1:00 pm.

Additional information on the INFORMS Conference can be found at www.informs.org.

Related Information

• Inventory Optimization: Impact of a Multi-Echelon Approach, Aberdeen Report
• …read more
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