Retail and High Frequency Replenishment explained by David Poveda

Strategic Inventory Management in Online Retail

 

This video discusses the key challenges and opportunities in the world of retail, particularly in the context of online retail.

 

Philip Marris, joined by retail expert David Poveda, addresses issues such as stockouts and overstocking, emphasizing the importance of high-frequency replenishment.

 

They highlight the benefits of this approach, including increased sales and reduced inventory levels, and stress the need to view the retail system as a whole rather than focusing solely on local optimizations.

 

The video serves as a valuable resource for online retailers seeking to enhance their inventory management strategies and improve overall efficiency.

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Marris Consulting, expert in Theory of Constraints & Critical Chain Project Management

 

Marris Consulting is an expert in the Theory of Constraints (ToC) and Critical Chain Project Management (CCPM). As industry consultants, we are focused on helping process and manufacturing industries reach their highest levels of performance by using Constraints Management  combined with Lean and Six Sigma. We also use Critical Chain Project Management which we sometimes combine with Lean engineering to improve project performance. If you are unsure about the actions which need to be implemented to improve operational efficiency, our industrial management consultants can also conduct a performance audit. Furthermore, our experts host numerous Theory of Constraints (ToC), lean and project management training sessions throughout the year.

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About Marris Consulting

Marris Consulting is an industry consulting and training company specialized in the Theory of Constraints (ToC) and Critical Chain Project Management. We focus on improving the performance of manufacturing and process industries by using Constraints Management combined with Lean and Six Sigma. To boost project performance, we also use Critical Chain Project Management (CCPM), which we sometimes combine with Lean Engineering. Our 2-day performance audits, our performance consulting services and our project management, Lean, ToC & CCPM training by our industry consultants offer a wide range of solutions to help our clients around the world reach the highest possible levels of performance.

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