iStock_89276919_1500x1000.jpg

Lower Inventory Holding Costs

IP.png

Inventory Planning

Lower your inventory levels and increase inventory turns 

Inventory Planning helps you fine tune your economic order quantities, inventory classes, and service levels to ensure your inventory is maintained at an optimal level. Service level analysis allows you to experiment with your service levels to determine how changes will affect your bottom line. Class analysis gives you both an overview and in-depth look at your item classifications.

Experience benefits such as:

  • Eliminated cycle stock and safety stock that is uneeded
  • Prevented expediting of transportation by optimizing inventory positions and having more in-stocks when orders are received
  • Reduced logistics expenses by optimizing inventory positions and improving inventory visibility

Adjust Economic Order Quantities at each location

Fine tune classes and service levels