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Inventory Optimization and Demand Planning Software
Inventory Optimization and Demand Planning Software
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When implementing inventory planning, management, and optimization, a staged approach is often better. This is because to get real success you need buy in from the entire organization and that takes early victories and time. https://smartcorp.com/implementinventoryoptimization/
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Are you planning inventory or reacting and managing the outputs? If you want to optimize inventory levels then time and care must be spent managing the inputs. Optimizing planning parameters including safety stock, reorder points, order quantity, and min/max levels pays huge dividends in the form of higher service levels and lower inventory costs. Learn how to optimize inventory in our blog describing our approach: Service Level Driven Planning.
https://smartcorp.com/4-step-inventory-optimization/
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Traditional forecasting techniques such as exponential smoothing, moving averages, and other approaches just don't cut it when demand is unpredictable or intermittent. Read our blog on the advantages of probability forecasting
https://smartcorp.com/advantages-probability-forecasting/
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Over the years, we've helped a number of customers optimize their inventory planning parameters by utilizing our software for them, leveraging our domain expertise in demand and inventory planning, and returning a set of answers that drive their automated ordering and replenishment decisions lowering inventory and improving service. Unfortunately, supply chain talent continues to be a gap putting these benefits just out of reach for some. So we've formalized this service to increase our reach. http://smartcorp.com/dpio/
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Attend our webinar, Optimizing Inventory for Maximum Return, on Tuesday, February 7th from 1:00 - 2:00 EST. http://bit.ly/2jvZOLy

Optimizing inventory is complicated. There's conflict - forces that would have you cut costs and increase turns, vs. those insisting you stock whatever it takes to never run out. Then there's performance - having the right amount of everything where and when it needs to be. How do you do it? How do you find the right balance that will maximize your return on inventory investment? Join us to learn how and see Smart Inventory Optimization in action.
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Smart Operational Analytics is here! Monitor Service Performance, Inventory Trends, Supplier Performance and more. http://ow.ly/sqCQ307WeWM
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#DemandForecasting at #IBF1 with the MARS team!
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Smart Software CTO, Sree Menon, at #CSCMP
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