Sponsor Case Study: If Supply Chain and IT teams could just wave a magic wand, could they manage the inventory vs availability trade-offs?

Session

Sponsor Case Study: If Supply Chain and IT teams could just wave a magic wand, could they manage the inventory vs availability trade-offs?

According to Supply Chain Insights, 9 out of 10 companies are stuck at the intersection of inventory turns and operating margins and have a hard time dealing with the complexities of changing demand and supply. But are they aware of the innovative ways to have both lower inventory and higher customer service?

For those who are aware, the difference can be striking. SOK Markets took a strategic decision to use its supply chain more effectively to balance these trade-offs through closed loop operational management (CLOM). By successfully coupling planning systems to execution systems and turning optimized plans directly into action, the SOK team delivered 15% reduction in inventory while at the same time increasing shelf availability by 25%- all within a few months of implementation.- Without a need for a Magic Wand!!

Delegates will learn the followings from this session:
 

  • How does Closed-Loop Operational Management system actually work?
  • What kind of a partnership it took between Supply Chain and IT to ensure a record implementation time of 4 months?
  • What is so unique about the ability to deliver detailed and specific instructions by SKU that your operational systems turn into action?
  • How do the insights gained from this process guide future improvements?

Speakers 

Mustafa Altindag - CEO - SOK Marketler

Ayla Gurtekin - IT Group Manager - SOK Marketler

Nilufer Durak - COO - Solvoyo

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