Managing Inventory for Competitive Advantage

When properly managed, inventory can become a competitive advantage rather than a drag on balance sheets, says Rod Daugherty, senior director of product management at Manhattan Associates. Using inventory optimization tools, he explains, companies are able to view and manage inventory at each echelon in the supply chain as part of one holistic investment, thereby avoiding redundant safety stock and reducing inventory costs by around 15 percent. [Run Time (Min.) 9:26]