It is always nice to be present at the birth of an acronym. Advanced Inventory Optimization, or AIO, is expected to grow at 12.6% over the next five years, according to the ARC Advisory Group. The market for 2005 was $99.2 and is forecastedto reach $179.6 million in 2010.
AIO simultaneously calculates where and how much inventory should be held across the the network of inventory locations. Traditional inventory control methods calculate inventory on a location by location basis. AIO is typically outsourced sue to its complexity.
1. Does the supply chain management (SCM) industry really need another acronym to add to 3PL, 4PL, SCM, LLP, ERP, MRP, CRM, and my personal favorite CSCMP.
Posted at 3:25PM on Mar 29th 2006 by 3PL Guy