BaxterProphet.ai

As an extension of our service parts planning solution, this module utilizes award-winning AI to eliminate the guesswork associated with New Product Introduction (NPI) and Last-Time-Buy (LTB) decisions. Specialized AI and ML models are used on large data sets to accurately predict product installed base and spare parts demand far into the future.

Service

Experience

Advantage

Results

Key Features of Our AI-Powered Planning Module

Adaptable NPI Forecasts
Combines product BOM, installed base, and product life curves data with supply and demand projects for dynamic, accurate NPI forecasts.
Provides insights into potential demand spikes and their duration to reduce excess inventory purchases from happening too soon.
Group LTB decisions based on shared materials and components for greater efficiency.
Reducing over and underinvestment in spare parts lowers excess inventory, storage needs and unnecessary transportation to provide evidence of a smaller carbon footprint.

Benefits of BaxterProphet.ai

Ensure customer uptime and enhance service levels by proactively managing critical NPI/LTB models.

 

Our clients experience the following benefits:

 

  • Accurate Demand Forecasting: Predict product lifecycles and spare parts needs with greater precision over extended periods.
  • Lower Carrying Costs: Reduce expenses associated with excess inventory or stockout reduction throughout the product lifecycle.
  • Protect Profit Margins: Mitigate depreciation impacts on Profit & Loss (P&L) statements.
  • Improve Inventory Visibility: Identify excess inventory earlier through enhanced insights into future spare parts demand.

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.

Ready to transform your SSC and gain a Service Experience Advantage?

Let’s talk.