Cutting-edge demand classification technology integrated with network optimization and simulation enables cost reduction and increased inventory availability.
Finding the balance between overstocks and lost sales is necessary for operational growth and health. With myriad inventory applications available, why are inventory inefficiencies still so prevalent? The answer is that existing inventory applications fall short in three key areas:
1. They assume that all demand is smooth and normally distributed
2. They only consider safety stock for the existing supply chain structure
3. They do not simulate real-world behavior or enable what-if analysis
Breakthrough technology for inventory modeling and policy design is now available. LLamasoft Inventory Guru enables companies to analyze and properly categorize demand, factor all aspects of inventory for both existing and new supply chain structures and simulate real-world behavior to enable true what-if capabilities. The result is a prescription for the right levels of working capital across an ever-changing business.
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