SOLUTIONS
Multi-Echelon Inventory Optimization (MEIO)
Optimize inventory across your entire supply chain
Overcome the complex challenge of maintaining optimal inventory levels
Optimizing inventory management in a multi-echelon supply chain for complex supply chains with multiple warehouses, distribution centers, and retail locations can be extremely challenging.
Logility’s MEIO solution enables businesses to quickly respond to lead changes, achieve accurate safety stock recommendations, and find significant cost savings, all while enhancing service levels and reducing excess stock and stockouts.
Customer Success with MEIO Solutions
Logility helped Farnell achieve the best balance between customer service levels and inventory requirements. Farnell markets and distributes more than 600,000 electronic components and industrial maintenance, repair and operations (MRO) products to 430,000 customers in 36 countries. With Logility, Farnell reduced Inventory by 5% while improving customer service.
Read Case StudyNavigate the complexities of modern supply chains
The strategic outcomes of MEIO extend to reducing inventory costs by minimizing surplus inventory and associated expenses. This is achieved through a comprehensive optimization of the interconnected aspects of supply chain phases, ensuring that every link in the chain operates efficiently and in harmony. MEIO ensures on-time fulfillment of customer orders by maintaining the right products at the correct locations, thus enhancing customer satisfaction and fostering loyalty.
Beyond these immediate benefits, MEIO enhances the agility of the supply chain, enabling businesses to swiftly adjust and respond to market fluctuations and maintain adequate inventory levels throughout their network, thereby securing operational resilience and adaptability.
The Advanced Inventory Optimization Handbook
Today’s supply chains move at a ferocious pace, learn to optimize inventory, boost customer service, and reduce costs with advanced strategies.
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