i2 Technologies has launched the latest release of its inventory optimisation software which it says supports inventory planning for life-cycle events across the supply chain spanning procurement of raw material and components, manufacturing of semi-finished goods and distribution of end-products.
Kelly Thomas, senior vice president product strategy and planning, said: “Inventory decisions for life-cycle events are tough in today’s supply chain. Planners have been using subjective judgment or simple calculations to make decisions and as a result, they were coping with these challenges by building excessive inventories.
“Our solution enables deep analysis of buying behaviour and demand patterns. By going through better processes enabled by i2 tools that close the loop between planning, execution and performance management, we enable our customers to achieve better service levels at a lower cost.”