Multi-echelon inventory optimization (MEO) simulates interactions between all your stocking locations to minimize inventory without compromising your target service levels. It identifies the most cost-effective stocking strategies by analyzing:
Multi-echelon inventory optimization identifies the most cost-effective way to meet your service level goals, whether you're trying to maximize asset availability or achieve a 95% part fill rate. The capability empowers your planners to:
Adjust stocking levels to support new products or service models.
Ensure your supply chain adheres to customer wait time limitations.
Generate time-phased stock levels based on your install base.
Explore the resources below to learn how multi-echelon inventory optimization can help you develop a more proactive, agile service parts supply chain.
We now have a dynamic and agile supply chain. If there are changes in the market, whether it's going up or down, our supply chain is able to adapt quickly to those changes so we can keep and gain business momentum and ensure world-class customer service.