SYSPRO Inventory Optimization takes a holistic approach to balancing the supply chain by providing visibility and understanding of the different parameters that create and shape inventory. It allows you to create policies that determine which products to stock and how much to keep of each unit.
This enables the best mix of services to the customer at the optimum cost of inventory to achieve that service.
Key benefits of Inventory Optimization
- Highlighting of problems, such as over- or under-stocking, and stockouts
- Improved ability to manage demand
- Clear and objective measures of the balance between supply and demand
- Optimization at the stock-keeping unit (SKU) level with aggregation up to higher levels