According to the Logility's website, “Voyager Inventory Optimization reduces excess inventory while maintaining or improving customer service levels. Multi-echelon inventory optimization (MEIO) right-sizes safety stock buffers across the entire supply chain, taking into account the complex interdependencies between stages, as well as variables that cause chronic excess inventory, such as long lead times, demand uncertainty, and supply volatility. Logility's inventory optimization solution releases millions in trapped working capital and moves the supply chain to an entirely new trade-off curve between inventory cost and service level performance.
By modeling the end-to-end supply chain, from raw materials through manufacturing to finished goods and distribution, Logility's multi-echelon inventory optimization software creates "what-if" scenarios that explore alternate configurations of suppliers, transportation links, lead times, locations and amounts of buffer stock, as well as cost-effective postponement strategies, time-phased demand signals, SKU rationalization, and more. Voyager multi-echelon inventory optimization gives supply chain teams confidence in achieving service level goals with the minimum level of inventory, expediting, stock-outs and obsolescence.”
Integrated Product Support Elements Addressed
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