Black & Decker presents a retooled supply chain strategy
By Staff -- Manufacturing Business Technology, 5/1/2006 6:00:00 AM
At the recent Supply Chain World-North America Conference, Towson, Md.-based Black & Decker presented a real-world case study: developing creative supply chain strategies in highly competitive markets. The study focused on three themes: inventory rightsizing, sourcing & acquisitions, and value-chain strategic design. Using Optiant's multi-echelon inventory optimization and strategic analysis solution, Black & Decker designed a more responsive and resilient supply chain that accounts for uncertainty and interdependencies while balancing resources, total costs, and service levels.
Says Dan Harmeyer, global value chain leader for Black & Decker, "We have been able to optimize our safety-stock levels, balance identified opportunities to reduce our inventory investment, and increase service-level yield and consistency. We truly are achieving more with less."
