Inventory management systems must efficiently achieve your company's required service levels while keeping inventory costs as low as possible—despite fast-changing economic conditions, high demand uncertainty and shorter product life cycles. Logility's multi-echelon inventory optimization (MEIO) software controls the upward pressure on inventory buffers at all stages of your supply chain. By balancing resources and costs against service level goals, Voyager Inventory Optimization improves profitability, increases customer satisfaction and frees up working capital.
Logility's multi-echelon inventory optimization software uses advanced modeling techniques to define various inventory strategies, compare their effects, and reveal your optimal direction. Logility's inventory management system works both strategically and tactically to produce smarter decisions on inventory policies and target setting within your manufacturing and distribution networks.
Benefits of Logility's inventory optimization solutions:
- Reduced inventory by 10% – 30%
- Freed working capital from unnecessary inventory buffers
- Increased inventory turns
- Reduced inventory carrying costs
- Lowered obsolescence rates
- Increased customer service performance
Powerful inventory management software for every stage of your multi-echelon supply chain