Logility

For more than 80 years, Seco Tools has delivered a diverse portfolio of tools and services around the world. Best known for milling cutters for the general machining industry, the pressure the company faces to maintain high service levels continually grows. To complicate matters, they must be able to provide the right consumable product at the right time to customers on all four corners of the globe.

Over the last dozen years, the bottom-line benefits of Inventory Optimization have proven to rival established activities such as network design, transportation optimization, advanced planning and scheduling, and sales and operations planning.

The top-performing S&OP companies are realizing these benefits and in the process gaining competitive advantage. This article details the traits of the top performers and gives a practical approach to help others enhance their own S&OP performance level.

CFOs strongly believe that good supply chain performance is vital to financial success. Studies show that a majority of CFOs believe the supply chain is directly linked to their ability to meet corporate objectives. One third of C-level supply chain executives view supply chain management as a market strategy differentiator.

There is broad agreement that inventory should be optimized to properly match demand. Yet achieving this continues to prove difficult for many companies. The insight and best practices offered here will help you understand the importance of sound inventory practices and put your inventory optimization initiative on a success track.

Enterprise-level supply chain software solutions give an operation the tools to create and test effective business strategies and plan ahead by incorporating commands for necessary preemptive strikes.

Inventory optimization is the next focus in the supply chain

Voyager solutions V8 supply chain management suite integrates functions including sales and operations planning, demand planning, manufacturing planning and scheduling, supply and inventory optimization, transportation planning and management, and warehouse management.

Logility has acquired certain assets of privately held Optiant provider of multi-echelon supply chain optimization systems