|
 |
|
 |
|
 |
|
|
|
Company
|
|
|
|
|
|
|
|
|
|
FOR IMMEDIATE RELEASE
|
NEWS RELEASE
|
Press Contact: Aimee Ortiz, LogicTools
888-265-4706 or Email
|
|
LogicTools’ Next Generation Inventory Optimization Solution Provides Broad Functionality for Manufacturers, Retailers, and Distributors
|
Chicago - May 15th, 2006: a leading developer of supply chain planning solutions, announced plans to unveil Inventory Analyst 5.0, a major release of its multi-echelon inventory optimization solution during the SAP+ASUG Conference in Orlando, May 15-18. With this release, Inventory Analyst offers a comprehensive set of functionality to meet the needs of both distribution-focused and inbound/outbound focused manufacturers, retailers, and distributors. In addition, Inventory Analyst has been deployed not only strategically but also for ongoing setting of safety stocks and inventory levels in operational environments.
LogicTools’ Inventory Analyst has been widely adopted in the market since its initial release and is part of the LogicTools suite of products which also includes LogicNet Plus® for network design and LogicChain® for production sourcing. Companies in many industries have deployed the solution either as a stand alone, in conjunction with the LogicTools suite or as part of its operations process. Inventory Analyst is also Powered by SAP NetWeaver and LogicTools has been an SAP software partner since January 2004.
"Companies such as Limited Brands have been able to utilize our solutions to quickly deploy and achieve results for their supply chain network", stated Edith Simchi-Levi, VP Operations at LogicTools, "the advanced functionality in Inventory Analyst 5.0, such as Flow Path Optimization, allows retailers like Limited Brands to move beyond just running the supply chain by helping them transform it. The ability to perform on-going supply chain analysis provides innovative opportunities and high returns for today’s global and fast-paced businesses."
- Ability to set multiple optimization objectives - when the business objective is more than minimizing inventory costs. Users can set inventory policies for maximizing profit, revenue, and fill rates or minimizing cost subject to min/max, or minimum average fill rates, and working capital constraints.
- Demand profiling - Archive demand and create forecast and forecast error data which are key inputs for inventory optimization scenarios.
- Enhanced visualization capabilities - build and display the end-to-end supply chain or bill of material (BOM) in graphical format for data validation and evaluating inventory outputs. Users can visualize individual products, all products, or groups of products.
With the addition of the new functionality in this release, Inventory Analyst offers the broadest offering of any inventory optimization solution, continuing LogicTools’ philosophy of providing state of the art strategic supply chain planning tools that are easy to use and reasonably priced.
About LogicTools
LogicTools (www.logic-tools.com) a leading provider of supply chain planning solutions was founded in 1995 by David Simchi-Levi, Professor of engineering systems at MIT. LogicTools provides the expertise, software, services and support that enable comprehensive supply chain planning processes in a variety of industries. LogicTools’ suite of supply chain planning solutions includes network design, inventory planning, and multi-site production sourcing. LogicTools is a long-time SAP Software Partner through its certified integration of LogicNet Plus® which is offered as an extension to the mySAP™ Supply Chain Management (mySAP SCM) solution and Inventory Analyst™, a multi-echelon inventory optimization solution which is Powered by SAP NetWeaver.
Media Contact
LogicTools: Aimee Ortiz, Director of Marketing 888-265-4706 or Email
|
|
|
|
|
|
|
|
|
|
|
Join a Mailing List
