Customers are demanding faster service responses while corporate directives are dictating less inventory at a lower cost.
Organizations balancing these two competing objectives require a sophisticated planning solution that intelligently comprehends changes in products, customer installed base, and inventory availability.
BaxterProphet, part of the BaxterPredict platform, provides inventory planning for Service Supply Chains (SSCs).
Forecast demand, optimize target stock levels, and integrate with other systems to execute supply, replenishment, and repair orders for each part across your entire SSC.
Our Total Cost Optimization approach accounts for stockout costs such as service penalties, expedited freight, and lost sales, in addition to other common inventory planning variables, like forecasted and outlier demand, order cost, carrying cost, and lead times.
Exceed same-day and next-day service level goals with the minimum level of inventory and expediting with our planning solution.
Our planning solution enables you to:
Minimize inventory & transportation costs while achieving optimal service levels.
Model cost & service performance trade offs.
Free up working capital locked in excess inventory.