According to Logility’s website, “Voyager Inventory Planning software helps you realize hard-dollar benefits that come with improving inventory efficiencies. To reduce inventory levels and increase turns, you can automatically calculate time-phased inventory plans – instead of stockpiling excess products. With Logility, users set the best safety stocks and replenishment quantities, by individual item. You can also optimize allocations by location. These strategies will enable you to eliminate inventory redundancies, prevent obsolescence and reduce mark-down quantities.
Proper inventory planning software also helps you eliminate supply chain variability. You and your trading partners will gain better visibility of procurement, production costs and service requirements. Operating more efficiently, you can eliminate expediting costs in production and transportation, so you won’t disrupt the flow of other products. Not only will you accelerate the introduction of new products, you’ll deliver better customer service. Inventory Planning is a critical component of a Collaborating Planning Forecasting and Replenishment (CPFR®) strategy. And Logility enables you to easily support inventory management programs such as Vendor Managed Inventory (VMI), Distribution Resource Planning (DRP), Efficient Consumer Response (ECR) and Just-in-Time (JIT) inventory management.”
Processes Supported
Departments Associated
- Unknown
Integrated Product Support Elements Addressed
Disclaimer
This product support analytical tool was identified as part of a database provided solely to assist defense acquisition workforce professionals to identify best value product support solutions which optimize system readiness and life cycle cost. Neither the Department of Defense or the Defense Acquisition University provide any warranty of these tools whatsoever, whether express, implied, or statutory, including, but not limited to, any warranty of merchantability or fitness for a particular purpose or any warranty that the contents of the item will be error-free. This analytical tools database should under no circumstances be considered as being all-encompassing, and is in no-wise meant to endorse the capabilities or products of any particular individual, company, or organization.
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