Plan for the key lifecycle events of New Product Introduction (NPI) to ensure inventory availability at first customer ship and End of Life (EOL) to ensure optimal last time buy decisions.
End of Life (EOL) and New Product Introduction (NPI) planning become increasingly difficult as demand shifts, assumptions change, and lifecycle risk grows. Lifecycle Management, powered by BaxterProphet, applies machine learning to improve planning decisions, optimize Last Time Buy (LTB) quantities, and provide the visibility needed to balance inventory, service, and risk across the service supply chain. The result is a more structured, repeatable approach to managing product lifecycle transitions with greater confidence.
Improve service readiness with machine learning models that support New Product Introductions before demand history exists.
Optimize Last Time Buy decisions by comparing original assumptions with actual demand and updated machine learning forecasts.
Reduce excess inventory and shortage risk with connected NPI and End of Life planning that improves visibility into lifecycle risk across the service supply chain.