How can you reduce the cost of carrying inventory while ensuring that you have what you need where and when you need it? 

It’s a simple matter of Right⁴ – the right inventory in the right place at the right time at the right price!  Right⁴ begins with more effectively forecasting your needs.  The implementation of improved demand forecasting analytics is then followed by instituting comprehensive demand planning and replenishment strategies that help ensure optimal customer service levels at an appropriate inventory investment.  Supply chain optimization through improved supplier relationships including Collaborative Planning, Forecasting and Replenishment (CPFR), Vendor Managed Inventory (VMI) and retained consignment can further reduce inventory carrying costs.