To gain that advantage, inventories must be managed for greater speed and efficiency. That means optimizing a supply chain to meet higher service level expectations, dealing with shorter product life cycles and proliferating SKUs, as well as positioning inventories to reduce both costs and delivery times.
i2 Approach
i2 Inventory Optimization is designed to monitor, manage, and improve inventory performance at every stage of the supply chain. This solution can be deployed to determine what to make, what to buy, and where to buy it, as well as how, when and where to inventory products. Intelligent inventory management can translate directly into reduced carrying costs, improved product availability, and greater customer satisfaction.
Key capabilities of i2 Inventory Optimization can include:
Product segmentation by demand patterns and volumes, service criticality, product structure and lifecycles, lead times, and competitive positioning
Tracking and analysis of transactions, buying patterns, and inventory performance
Access to an extensible library of metrics, KPIs, and reports
Benefits of i2 Inventory Optimization can include:
Reduced inventory levels, expedites, and overall logistics costs
Increased service level performance and customer satisfaction
Improved asset utilization and inventory turns
Improved inventory performance
Improved product availability while reducing carrying costs, risk, and cash-to-cash cycles |
