Achieving Optimal Inventory Levels with Leading IO Technology and Business Processes
Companies are constantly working to optimize their inventory to match their supply with demand. In today’s global economy, companies are seeing increased competition, product proliferation, and ever-increasing service level expectations. Short product lifecycles, globally distributed supply chains, long product lead times and lack of robust demand forecasting are creating substantial uncertainties in demand and established lead times. As a result, companies must constantly balance the trade-offs between inventory investment and potential stock outs.
Inspirage has developed a comprehensive solution for Inventory Optimization leveraging Oracle Inventory optimization (IO) application. We can help simplify inventory planning to provide a consistent and robust business process for lowering inventory costs and improving supply chain responsiveness. Our solutions helps you efficiently implement IO using consistent business policies based on leading practices such as risk pooling and inventory postponement.
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