Maximizing inventory optimization tools

Although most companies purchase inventory optimization (IO) software with the intent of cutting excess stock, they often don’t realize the full power inherent in these tools. Not only can these tool set precise amounts of safety stock, they can vary service levels to provide a customer service advantage in a competitive market. Nucleus talked to several companies that have deployed these tools successfully and found they took certain actions in common to maximize software performance and receive the highest possible payback from the investment.

Date: March 27, 2015 | Research: P53

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