Description: A multi-echelon supply chain looks at multiple stages, looks at how to balance raw material, intermediate and finished product inventories. It extends basic safety stock and lot size formulas to account for the network effect. In his PhD Bram has developed practical approximations tested with discrete event simulation. He will also talk about the real life impact of implementing multi-echelon optimization
Speaker: Bram Desmet is a professor (Vlerick Business School, Ghent University and Peking University) and keynote speaker, who connect supply chain, strategy and finance through financial metrics, to show how supply chain has become the centerpiece of your business. He is also the CEO of Solventure who grab every opportunity to bridge the gap between academic concepts and industry practice. We help companies to understand the dynamics of the Supply Chain Triangle and how that is impacting their business. With a unique approach centered around people, process, tools and analytics, we turn your Supply Chain into a competitive edge.