With all of the inventory optimization software and solutions available, why are you still struggling with either too much inventory or stock-outs? You may be lacking a dependable way to determine inventory levels and placement, and with no low-risk way to test inventory policy changes, you’re stuck manually readjusting inventory targets to try to meet customer service expectations.
Chemical company uses a unified network optimization and inventory optimization model for rapid safety stock analysis and adjustment.
Combining cycle stock and safety stock optimization and then validating with simulation results in 25 percent reduction in total inventory cost.