Inventory Optimization Reduces Time for Inventory Planning

Situation

Customer has a large number of SKUs with different demand patterns. Different business units across region were using different ways of calculating safety stock.

Impact

The client was unable to refresh their safety stock norms frequently, as the manual process was time consuming.

Resolution

ITC Infotech helped the client run Inventory Optimization and simulation using LLamasoft SCG and VBA based automation by including all parameters which affect Inventory Optimization.

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