Industrial Engineer Engineering and Management Solutions at Work

October 2013    |    Volume: 45    |    Number: 10

The member magazine of the Institute of Industrial and Engineers

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Supply Chain by James A. Tompkins

Industrial Engineer's quarterly column about supply chain and logistics (October 2013) 

Inventory: The key to a CEO's heart

So, you reduce supply chain operating costs by 10 percent. Your boss emails you that you are doing a great job. Then your innovative supply chain work creates a 10 percent increase in revenue. The CEO emails to say you are doing a great job. Next, your work in the supply chain reduces finished goods inventory by 10 percent. You go to lunch with the CEO, CFO and chief supply chain officer.

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