Authors:
Joshua Krause, Yuwen Wang
MIT Supply Chain Management Program (SCM)
Summary:
Partnering with Newell Brands, this project leverages Monte Carlo simulation to optimize cycle stock management for the Rubbermaid TakeAlong® product line. By modeling discretionary inventory levers such as lot sizing and minimum order quantities (MoQ) in a risk-free simulated environment, we aim to optimize working capital while strictly maintaining service levels. The project delivers insights into supply chain constraints, offering a scalable methodology for enhancing inventory control across a diverse global portfolio.
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