SmartOps Enterprise Inventory Optimization Software Licensed By DuPont
Pittsburgh, PA - SmartOps Corporation, the leading provider of enterprise-class supply chain optimization solutions, announced that its Enterprise Inventory Planning & Optimization (EIO) software solution has been licensed globally by DuPont.
"Companies such as DuPont are looking for a scalable, analytical system for setting optimal inventory targets," says Sridhar Tayur, chief executive officer of SmartOps. "Integrating EIO with existing enterprise systems enhances replenishment processes resulting in less cash tied up in inventory."
SmartOps is the SAP endorsed solution for inventory optimization and has a proven record of delivering tangible savings for many chemical and process industry companies using SAP.
EIO enables customers to achieve both a rapid return on investment and a long-term competitive advantage by determining the best possible inventory and product availability plans given aggressive customer service goals, inherent uncertainties, time-varying data, and inventory stage complexities. EIO dynamically generates optimal inventory targets for each stage of the supply chain while providing item-level visibility into each inventory requirement -- including safety, cycle, pre-build, pipeline and merchandising stock requirements -- to meet desired service levels.
SOURCE: SmartOps Corporation