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Inventory Optimization - A Dramatically Different Approach for a Disruptive Solution

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Joseph W. (Bill) Kernodle
President
Balanced Flow Supply Chain Solutions, LLC

Presentation Summary

The tire industry exerts great supply chain wide efforts to achieve “right” inventory levels, but still simultaneously faces high excesses and shortages. This is because the shortcomings of last century’s deeply flawed inventory replenishment solutions mitigated only by large and costly inventory buffers are no longer sufficient to meet today’s “Amazon” service level expectations. We have a game changing solution for you.

We developed at Clemson’s model factory a unique solution proven for critical Army combat products (and in other industries) to achieve virtually 100 percent customer service objectives while reducing inventory investments over 30 percent locally and much more when supply chain partners are willing to work together for their mutual benefit.

We will demonstrate why last century’s solutions aren’t sufficient, how you can achieve these previously impossible improvement levels in your company, and challenge you to be the first to realize them within your industry.   

Meet the Presenter

Bill retired from the U.S. Army where he served in multiple high level combat logistical positions overseas and key research, development, and procurement assignments including Commander, U.S. Army Natick Research, Development, and Engineering Center, Natick, MA, Director, Clothing and Textiles Directorate, Defense Personnel Support Center Philadelphia, PA, and headquarters, Defense Logistics Agency in the states.

While on active duty he participated in multiple European theater and national level projects to improve operations of military and supporting commercial supply chains.

Upon retirement Bill became the Director of Operations and Planning for Burlington Menswear (a division of Burlington Industries) where he co-led a project that improved both production lead-times and revenue by fifty percent while U.S. manufacturing was rapidly moving offshore.

He then became the Site Director of Clemson University’s Department of Defense (DoD) sponsored model factory with responsibilities for locating, developing, integrating, and demonstrating the world’s most advanced manufacturing and supply chain technologies and management practices. The Army used supply chain synchronization concepts and software developed under his leadership to support all units deploying to Iraq and Afghanistan with combat clothing and individual equipment with unparalleled results. This support continued for years until the Army’s wartime funding ended and they had to return to standard practices.

At Clemson Bill also led a successful DoD effort to re-establish a sewn products industry in Afghanistan and now continues to provide strategic consulting in as well as unique software for manufacturing and supply chain wide inventory optimization.  

Bill holds BS and MS degrees in Textile Technology from North Carolina State University, a MBA with a concentration in logistics from Babson College, and is a graduate of the Industrial College of the Armed Forces.

Earlier Event: April 18
Session 1 Refreshment Break
Later Event: April 18
Tire Registration & Recall