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Essay heading: Advanced planner and optimizer
 
Essay specific features
Issue: Technology
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Date added: August 21, 2003
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No of pages / words: 4 / 842
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All of which are critical factors to help a company reduce costs while improving customer satisfaction. Demand forecasts are improved by facilitating the construction of statistical models where seasonal trends and events (i.e promotions) can be included in a per SKU basis. By creating more precise forecasts, we will cut the costs involved in carrying excess inventory in our depot's warehouses as well as in our material safety stocks...
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By creating more precise forecasts, we will cut the costs involved in carrying excess inventory in our depot's warehouses as well as in our material safety stocks. It can also allow us to provide a more stable purchasing plan to suppliers that will help leverage our position in our next negotiation and therefore drive the costs down...
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