Optimum inventory vs. desired service levels
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Excess inventory drains the bottom line. Organizations can avoid this by tying their inventory investment to accurate forecasts and lead times, and focusing expenditures on key items that make the biggest contribution to sales revenue or gross profit.
SSA Inventory Planning is what you need to manage inventory turns and totals regardless of your inventory method. It helps you balance fiscal objectives against customer service priorities and lets you compare both the financial and service impacts of any inventory policy changes.
SSA Inventory Planning helps companies like yours:
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- Meet or exceed customer service level objectives
- Increase inventory turns
- Minimize stock-outs and obsolescence
- Reduce inventory investment
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SSA Inventory Planning is a proven solution that helps organizations manage safety stock, inventory minimums and maximums, inventory turns, replenishment frequency and order size, seasonal build, and manufacturing plans. It produces time-phased safety stock and defines replenishment strategies for each item at each warehouse and synchronizes demand patterns, forecasts, and inventory throughout your demand and supply chain. It helps you create inventory policies for each group, thereby allowing you to manage large numbers of stock items simply and effectively.
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