Balancing inventory budgets and service levels is a common challenge in service parts planning and forecasting. Unfortunately, most planning solutions stop there. Service supply chain optimization requires more.
Optimal Target Stock Levels, for every part at every location, are determined by balancing the total cost of inventory and stock-out costs. What are quantified stock-out costs? Downtime costs, service contract penalties, expedited shipping fees, lost technician productivity, and lost profit are among the expenses included in the equation.
Let Baxter show you how you can reduce inventories up to 50% while improving service levels to better than 99%. Optimization is not just inventory and it is important regardless of the size of your company – start-up to Fortune 500 enterprises.
Complete the contact form below and we will schedule an initial consultation for your no-commitment inventory analysis.
REQUEST MORE INFORMATION