Inventory Challenge.(Emerging Technologies)(Brief Article)

Industry Week,  September, 2004  

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Optimizing internal efficiencies isn't enough. Consignment inventories also need to be considered, says Jerry Quell, senior manager of inventory and planning at the Mopar Parts Division of DaimlerChrysler Corp.'s Chrysler Group, Center Line, Mich.

Internally Mopar's supply chain software delivers impressive results--annualized reductions of $15 million in safety stock and 50:1 ROI in the second year. Now, by adding a new consignment inventory software module, Quell expects the benefits to double. The module, SeeChain 5.0, integrates with Mopar's SeeChain enterprise ...

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