Products and Services


Inventory Planning

Source: Logility
Inventory Planning incorporates industry best practices to determine the optimal balance between inventory and desired service levels.
Details

Inventory Planning calculates the optimal balance between inventory quantities and desired levels of service, based on industry best practices. Inventory Planning determines policies that synchronize customer demand to supply processes, such as a firm's manufacturing, distribution or procurement capabilities. With its extensive simulation capabilities and time phased support, Inventory Planning helps cut inventory costs while meeting all customer requirements that can vary by product, group or other criteria.

Inventory Planning helps set key inventory targets and goals company-wide, using rules-based policies. Based on item characteristics, such as ABC (Pareto Analysis, or 80/20 rule) classifications, Inventory Planning can enhance decision-making in safety stock/inventory minimums and maximums, inventory turns, replenishment frequency and order size, seasonal build and manufacturing plans. On-line ABC analysis helps focus limited inventory investment on key items that contribute most to sales revenue or gross profit. Service level targets, ordering rules and policies can be applied automatically to every item in a business or across the value chain. Inventory Planning also supports kitting for promotional packs or spare part kits, automatically managing independent and dependent demand patterns, together with kit assembly lead-time.

Inventory Planning Features Include:

  • Time phased view of inventory
  • Graphical Simulations of inventory trade-offs
  • Views of dependent and independent demand
  • 50 Inventory Management variables for every form of demand pattern
  • Kit and Promotional Pack Support

Logility, 470 East Paces Ferry Road, Atlanta, GA 30305. Tel: 800-762-5207; Fax: 404-264-5206.

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