Budget Planning

Hit your inventory spend targets without compromising service.

Smarter Spend Reduction, Powered by TCO

Budget Planning automates purchase reductions using BaxterProphet’s proven Total Cost Optimization (TCO) logic. Reduce planned purchases with confidence while maintaining your service level commitments. 

Why Budget Planning?

Hit Spend Targets: Meet budget mandates without guesswork. Cut the right units—not just the biggest POs.
Protect Service Levels: Reductions respect your service floor. Budget Planning stops if deeper cuts would harm performance.
Automate and Align: Replace manual efforts and spreadsheet chaos with controlled automation. Full auditability and planner control built in.
Improve Hit Rates: Automatically reduce service part inventory spend with intelligent logic to improve hit rates.

Key Features of Budget Planning

Supports budgets by commodity, region, or DC

Upload budgets by scope (commodity, region, DC).

Exchange-curve optimization minimizes service risk

Budget Planning compares baseline to budget.

Preview and Active modes with full audit trail

Reductions are applied using BaxterProphet’s TCO logic.

Visibility into safety stock/target stock level adjustments

Adjustments display in the UI for review.

Baseline vs. budget vs. adjusted spend reports

Changes preserve minimum service level thresholds.

Proven Results

Customers use budget planning to reduce millions of dollars of projected purchase spend while still maintaining designate service level thresholds in the mid 90s range. With audit-ready reports, it builds trust between Finance and Planning teams. Request a demo to see how Budget Planning can help your team hit targets with confidence.

Planning | BaxterProphet

Reduce inventory carrying costs with optimized target stock levels based on service contract requirements leveraging our proven Total Cost Optimization methodology.

Execution | BaxterLynX

Improve on-time delivery performance for supply, transfer, and repair orders with real-time visibility and predictive alerts across your entire Service Supply Chain.

Resolution | BaxterSnapshot

Increase customer satisfaction by solving part availability problems faster with root cause analysis to prevent future escalations.

Value Accelerator Program

Unlock faster ROI and long-term success with our Value Accelerator Program, designed to optimize your Service Supply Chain through expert-driven solutions and continuous improvement.

Content Crafted For You

Explore our Resource Center, your go-to hub for product briefs, videos, whitepapers, and more! This collection of content features industry trends and insights from our SSC experts.