What Is Inventory Optimization All About? | SupplyChainBrain

What Is Inventory Optimization All About?

Will Benton, President & COO, GAINSystems, Inc.

July 15, 2013

Will Benton, chief executive officer with GAINSystems, Inc., defines the term "optimization" as it relates to inventory management, and shows how companies can reap big benefits from applying the concept to their operations. [Run Time (Min.): 9:52]

Related Content

Related Videos

Featured Product

Photo: iStock/Anastasiia Yanishevska

How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

Franchise business e-commerce online e-marketplace or digital marketing branch expansion for growth or use technology to analyze product consumer data website management plan for sale service concept.

Moving Robots Site-to-Site

Five Industry Shifts Transportation Leaders Can't Ignore

With transportation and logistics operations focused on delivering products and services to specific locations, parts of the industry will always be physical in nature. But what’s now disrupting the sector more than anything are digital forces, from AI-driven automation to increasingly volatile global trade networks.

Scb Q326 Aptean Top5 Thumb

The U.S. Is a Long Way From Regaining Dominance in Rare Earth Production

The United States’ over-reliance on China for rare earth materials is no secret. But realization of the problem isn’t translating into meaningful progress toward solving the problem.

Photo: iStock/wildpixel

The Death of Pure JIT: Why Electronics Manufacturing Demands Strategic Buffering

In modern electronics manufacturing, absolute lean is structural fragility.

Photo: iStock.com/SweetBunFactory

Are You Paying the Latency Tax? The Hidden Costs of Disconnected Supply Chains

Did you know that supply chain organizations are quietly losing 5 cents of every single dollar just to slow decision-making? When disruption hits, the clock starts ticking. The gap between spotting a problem and doing something about it is what we call the "latency tax" - and it’s draining your bottom line.

On Demand Anaplan Tue Sep 1 2026 11a Et

Optimization Technology for Real-World Supply Chains

The pressures reshaping supply chains today — trade uncertainty, rising customer expectations, and the need for faster decisions — are not temporary. They are the new operating conditions.

W Dasa667c8

Orchestrating the Supply Chain for the Chief Operating Officer

For the chief operating officer (COO), the importance of an orchestrated supply chain cannot be overstated, particularly where speed and agility can mean the difference between strong and weak performance. Read the Spotlight from IDC based on recent research that explores the benefits of an orchestrated supply chain, as well as related challenges and obstacles.

Thumbnail Coo

How AI Is Reshaping Supply Chain Decision-Making

AI can compress the time between seeing a problem, understanding the tradeoffs, and deciding what to do next.

Photo: iStock/cofotoisme

Fireside Chat with Gartner Expert Beth Moller: Leading at the Intersection: Building High-Performing Supply Chain Teams in the Age of AI

In today’s rapidly evolving business landscape, Chief Supply Chain Officers face a critical challenge: building leadership teams that can break through functional silos, navigate competing priorities, and align around a shared purpose.

Upcoming Webinar Gartner Supply Chain Brain Webinar Ep4 Of 4 Tue Oct 10 2026 11a Et

Million Dollar Baby Planning Meets Supply Chain Agility: A Conversation with Julia Bedanova

SupplyChainBrain

Supply chain planning has never mattered more. As organizations navigate continued volatility, shifting customer expectations, economic uncertainty, and the rapid acceleration of AI and new technology, the ability to plan, adapt, and make smarter decisions will be a critical competitive advantage over the next 12 months.

Re Run On Demand Graphic

Orchestrating the End-to-End Supply Chain: Strategic Priority, Practical Reality

As technology, particularly agentic AI, is poised to change everything, the reality of “my supply chain is good enough” has faded. It has been the view of IDC for some years now that a truly end-to-end, orchestrated supply chain should be the ultimate goal to support the speed, agility, and efficiency of the overall business.

Thumbnail Idc White Paper

2026 Buyer's Guide to Real-Time Shipment Visibility

The 2026 Buyer's Guide to Real-Time Shipment Visibility from Tive provides a practical framework for evaluating today's leading shipment visibility technologies and selecting the solution that best fits your organization's needs.

White Paper Front Cover

The Repricing Gap: How Falling Energy Costs Trigger Margin Risk

While crude prices can move almost overnight, the costs that manufacturers and distributors actually incur often take weeks or months to adjust.

Photo: iStock / peshkov

Page 1 of 326