Logility Inventory Optimization™ – Underlying Inventory Concepts
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This course explains the theoretical concepts behind multi-echelon inventory optimization (MEIO) in Logility IO.
Upon completion of this course, the participant should have a general understanding of the main factors that drive the Logility optimization model such as service levels, lead times and demand variability. Student Profile: This course is intended for Supply Chain Planners, Analysts, and Managers who work with or are immediately aﬀected by Logility Inventory Optimization.
- Planning horizons
- Types of inventory
- Customer service
- Exposure period and uncertainty
- Relevant statistical distributions