Planning | BaxterProphet

BaxterProphet, part of the BaxterPredict platform, helps you navigate the Service Experience Storm by reducing inventory carrying costs while enhancing customer satisfaction, driving profitability across your supply chain.

Service

Experience

Advantage

Results

Key Features of Our Planning Solution

Total Cost Optimization
Boost profitability with our proprietary Total Cost Optimization approach for Service Parts Planning, which factors in stockout costs—such as service penalties, expedited freight, and lost sales—as well as other key inventory variables like forecasted and outlier demand, order costs, carrying costs, and lead time. This ensures smarter, more efficient inventory planning and decision-making.
Calculate ideal target stock levels using our Total Cost Optimization approach by modeling part, site, and customer criticality attributes to meet Service Supply Chain objectives.
Identify and maintain the ideal logistics network and associated rules to accurately map demand and service contracts to sites based on business objectives.
Forecast demand based on historical data in addition to current and projected service contracts in order to prevent excess and backlogs.
Execute replenishment and redeployment orders to balance field service inventory planning within the logistics network based on Baxter Planning’s Backlog Criticality Index (BCI). This calculates the real and potential costs of each backlog to optimally deploy spare parts inventory.
Fulfill purchase and repair orders to ensure inventory availability while considering calculated scrap rates, supplier performance, and budgetary constraints.
Plan for the key service lifecycle management events of new product introduction (NPI) to ensure inventory availability at first customer ship and end-of-life (EOL).
Define Baxter Planning’s excess report to properly identify surplus material that can be utilized, sold, or scrapped to achieve service inventory planning goals.
Improve operations with ongoing review of hit rate service misses and KPIs such as fill rate and service level. This helps to prioritize corrective actions and continuously identify opportunities for improvement.

Benefits of Planning l BaxterProphet

Our planning solution enables businesses to achieve significant inventory cost savings while exceeding service level goals.

Our clients experience the following benefits:

  • Reduced Costs: Reduce inventory and logistics-related costs while meeting service levels.
  • Freed-Up Working Capital: Repurpose capital tied up in excess inventory for better utilization.
  • Planning as a Service (PaaS): Augment your team with our seasoned in-house experts, ensuring efficient and effective inventory management without the need to recruit, train, and retain additional personnel.
  • Enhanced Planner Productivity: Streamline processes to improve the efficiency of your planning team.
  • Award-Winning AI: Utilize AI-powered insights to eliminate guesswork in New Product Introduction (NPI) and Last-Time-Buy (LTB) decisions, leading to more accurate demand forecasting and reduced carrying costs.

Explore Our Premium Modules

BaxterPredict

Optimize your Service Supply Chain (SSC) with BaxterPredict—our end-to-end predictive platform designed to enhance customer experience, strengthen loyalty, and drive financial value.

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.

Ready to transform your SSC and gain a Service Experience Advantage? Let’s talk.