Practical Guide to Inventory Optimization and MEIO Technology

Charles Blevins

Vice President of Sales, Inventory and Operations Planning at Dawn Foods

Learning Objectives

Inventory optimization has benefited from advances in technology. A well-established capability called Multi-Echelon Inventory Optimization (MEIO) is an often overlooked or under-appreciated capability that exists in many ERP and Supply Chain solutions. This session will provide a practical guide for understanding the benefits of this technology and starting an MEIO journey in your organization. Charles will also discuss how to sustain the improvements and maximize this powerful technology.

Key Takeaways:

  • Define styles of inventory optimization, stages of maturity and supporting technologies

  • Explain how MEIO enhances and extends traditional statistical safety stock settings or replaces generic days-of-supply targeting

  • Provide practical guidance for an approach to implementing the technology and sustaining it after implementation