Unlocking the Secrets of Inventory Management with nVentic's Matthew Bardell
In the latest episode of the Digital Supply Chain, I sat down with Matthew Bardell, Managing Director at nVentic, for a thought-provoking discussion on the intricacies of inventory management.🔍 Key Highlights:Mastering Inventory: We delved into the nitty-gritty of inventory. It's more than just numbers; it's a strategic play. Overstock or run short? With nVentic's upcoming SaaS offering, these decisions will be better informed and easier than ever!Sustainability in Focus: Matthew and I are both fervent advocates for sustainability. A key topic we tackled? The alarming amount of medicine wasted annually. The Sustainable Medicines Partnership is on the frontlines, addressing this urgent issue.Challenges in Medical Supply Chain: This industry has a set of unique hurdles, from patent restrictions to regulatory barriers. Yet, the need for smart inventory management remains crucial, especially when lives are on the line.Connect with nVentic: If inventory management intrigues you as much as it does me, make sure to explore nVentic's website and learn from the experts directly.🚀 Takeaways: In the vast world of inventory, strategic decision-making is key. With tools like nVentic's forthcoming SaaS offering, achieving a balance between demand and supply becomes more attainable. And let's not forget: sustainability should always be at the forefront.Huge thanks to Matthew for the enlightening conversation! For those looking to level up their inventory game, this episode is a goldmine of insights. Don't miss out!Tune in here, or watch the video version, and let's continue our journey in the digital supply chain world together.Support the showPodcast supportersI'd like to sincerely thank this podcast's generous supporters: Lorcan Sheehan Krishna Kumar Christophe Kottelat Olivier Brusle Alicia Farag Joël VANDI Luis Olavarria And remember you too can Support the Podcast - it is really easy and hugely important as it will enable me to continue to create more excellent Digital Supply Chain episodes like this one.Podcast Sponsorship Opportunities:If you/your organisation is interested in sponsoring this podcast - I have several options available. Let's talk!FinallyIf you have any comments/suggestions or questions for the podcast - feel free to just send me a direct message on Twitter/LinkedIn. If you liked this show, please don't forget to rate and/or review it. It makes a big difference to help new people discover it. Thanks for listening.