Optimize Your Service Parts Planning with 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.

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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 Additional Modules

BaxterProphet.ai

Eliminate over- and underspending associated with New Product Introduction (NPI) and Last-Time-Buy (LTB) decisions using our award-winning AI and ML models.

Budget Planning

Cut costs and improve financial alignment using Budget Planning, which automates spend reductions while protecting service commitments.

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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.

BaxterProphet FAQs

What problems does BaxterProphet solve, and how does it help my company?
BaxterProphet helps service organizations forecast demand, optimize stocking levels, and balance service performance with cost efficiency. It uses AI-driven forecasting and Total Cost Optimization to reduce excess inventory, prevent stockouts, and improve parts availability across the global supply chain.
Unlike ERPs, which manage transactions, BaxterProphet delivers AI forecasting, service-level optimization, and lifecycle-based planning that transactional systems can’t. It continuously adjusts to demand variability and part criticality, improving planner productivity by up to 40% and reducing carrying costs by as much as 35%.
BaxterProphet connects seamlessly with ERP, CRM, and service systems via standard APIs, batch integrations, and secure data connectors. It supports major platforms like SAP, Oracle, and ServiceNow, ensuring smooth data flow and minimal IT disruption.
AI models in BaxterProphet analyze service demand patterns, parts failure rates, and replenishment costs to optimize decisions automatically. Predictive algorithms learn over time, improving forecast accuracy and adjusting stocking policies dynamically to meet service goals with minimal cost.
Customers typically achieve payback within 12 months, driven by reduced expedite costs, lower carrying costs (up to 35%), and improved planner productivity (up to 40%). These improvements translate directly into higher service levels and lower total cost of ownership.
Yes. BaxterProphet adheres to enterprise-grade security standards, including SOC 2 compliance, GDPR alignment, and encrypted data transfers. Baxter Planning’s cloud infrastructure follows ISO 27001 best practices for secure global deployments.
You can schedule a demo or pilot project through Baxter Planning’s website. Our team provides a tailored value assessment to quantify your expected ROI before deployment.

Baxter Planning delivers AI-powered Service Supply Chain software that ensures the right part is in the right place, at the right time, and at the right cost. With over 30 years of experience, our BaxterPredict platform and approach to partnership enables our customers to improve service levels, optimize inventory, and increase customer satisfaction.​

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