What it Is
You strive to achieve high customer service levels with the least amount of inventory. It's a complex balancing act with major implications on your overall business performance.
With Infor SCM Inventory Planner, you can do more business with less inventory, so you:
- Lower inventory levels while increasing inventory turns.
- Improve on-time delivery performance.
- Reduce inventory obsolescence.
- Reduce cash-to-cash cycle times.
- Improve profitability.
Infor SCM Inventory Planner gives you tools to analyze, model, and strike the right balance between target service levels and inventory investment. You get:
- Inventory Optimization—Calculate time-variable safety stock and target stock levels for every product, at every location, for every season.
- Inventory redistribution—Redistribute inventory according to the predictability of customer demand to meet tailored service levels.
- "What-if" analysis—Simulate the impact of lead-time reductions or other changes on service or stock levels, and model the expense of multiple scenarios.
- Inventory Stratification—Understand what the most important items to your business are so you can reserve the highest levels of service to them.
The result: You strike the right balance between inventory levels and customer service-level objectives to improve your supply chain performance and your profitability.