"Inventory planning is usually done at an aggregate level, [but] in order to truly manage inventory, it must be optimized at a much more granular level.
"Whether you're big or small, you have to focus on the assets side of the business, which leads to the obvious question: What is the right level of inventory?"
Loren Troyer
Director of Order Fulfillment
John Deere - Commercial and Consumer Equipment Division
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 Inventory / Order Fulfillment
Improved Inventory Forecasting Allows You to Optimize Your Order Fulfillment and
Reduce Inventory
To optimize the deployment of inventory, you need to manage the uncertainties, constraints, and complexities across your global supply chain on a continuous basis. This allows you to improve your inventory forecasting ability and accurately set inventory targets. SmartOps Multistage Inventory Planning & Optimization (MIPOTM) solution is a proven and market leading solution for determining optimal time-varying inventory targets for every item, at every location throughout your supply chain. This allows you to significantly reduce inventory without adversely affecting service levels.
 Benefits
- More accurate inventory forecasting allows you to reduce inventory and operating costs with the lowest-cost, lowest-risk inventory positioning plans
- Increased service levels, product availability, and customer satisfaction
- Improved asset utilization and total inventory turns
- Visibility into drivers of inventory and supply chain performance
- Increased planner productivity
Key Capabilities
- Calculates accurate, synchronized supply chain operational targets for all items, all locations, for all time periods
- Comprehensive data model with easy-to-use tools that streamline information gathering and validation to ensure rapid processing of supply chain data and trustworthy output
- Considers millions of variables and calculate optimal values at the most granular levels of detail in a multi-tiered supply chain
- Overlays existing systems, continuously synchronizing to provide optimal, key operating targets as inputs to existing systems
- Direct visibility into the drivers of supply chain performance to pinpoint opportunities for better managing uncertainty and creating value in the supply chain
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