Inventory management is vital for balancing supply and demand, minimizing costs, and maximizing efficiency in businesses, and just so happens to be the topic of conversation in this week’s new episode of Whiteboard Wisdom! In this conversation with Scott Luton, supply chain expert Marcia Williams discusses five key inventory management metrics that every supply chain professional should master. Join us as Scott and Marcia emphasize the importance of understanding the concept behind each metric and how they can vary depending on the industry and company strategy. Tune in to learn more about the need for continuous measurement, why you should adjust these metrics to reflect changes in the business environment, and so much more!

In this new episode in the “Making Better Supply Chain Bets with the Power of Probabilities” series with Noodle.ai, hosts Scott Luton and Greg White are joined by the CRO of Noodle.ai, Tim Krug, and the End-to-End Planning and Support Director with Imperial Brands, Remi Guillon. Join us as they delve into the transformative story of a fast-moving consumer goods company, highlighting the adoption of innovative planning approaches through the lens of artificial intelligence. Listen in and learn more about: Probabilistic supply chain planning and the future of AI-driven decision-making The human element in supply chain transformation and the cultural aspects and leadership role in embracing technology The significance of trust between partners and what it takes to create unbiased forecasts The importance of data cleanliness, change management, and acting with integrity