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SOFTWARE EVALUATION CRITERIA
Monday, November 23, 2009
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> Software Evaluation Criteria >
Supply Chain Management SCM
> Supply Chain Optimization >
Inventory Management Optimization Page: 1
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1
Ability to create optimal supplier policy by supplier considering supplier lead times supplier performance demand fluctuations and enterprise inventory turns objectives
(22
product(s) support this feature
)
Ability to download policies as input to planning systems
(22
product(s) support this feature
)
Calculate and generate accurate lead-times by each product-SKU
(23
product(s) support this feature
)
Create a supply chain-wide inventory master plan
(23
product(s) support this feature
)
Create inventory policy by facility product and SKU
(25
product(s) support this feature
)
Create inventory policy from strategic long-term years to tactical considering market conditions product life cycle product inventory profiles fast or slow moving and seasonal
(24
product(s) support this feature
)
Determine safety stock replenishment levels min-max order frequencies by channels or customer with consideration to customer service levels turns objectives previous shortages or overstocks
(23
product(s) support this feature
)
Input data from MRP ERP APS costing system and rating system sources
(22
product(s) support this feature
)
Input preexisting network models or create graphical models
(21
product(s) support this feature
)
Model and create multi-stage flow process recommending consolidation intransit merge or single site assembly strategy based on lead-times costs inventory turn targets carrier cost objectives and cycle-times
(19
product(s) support this feature
)
Model and determine postponement points
(22
product(s) support this feature
)
Model inventory use-up strategies for product end-of-life
(23
product(s) support this feature
)
Model inventory-capacity trade-offs to increase throughput considering demand variability manufacturings current capacity reliability uptimes service levels ABC cost inputs yields and batch or lot sizes
(23
product(s) support this feature
)
Model inventory-service level trade-offs
(24
product(s) support this feature
)
Model pipeline and determine pipeline inventory positioning raw WIP and assembly level with consideration to service levels flexibility and responsiveness profit and inventory turns targets
(22
product(s) support this feature
)
Rationalize and model for I push models versus lean pull models
(20
product(s) support this feature
)
Solve for optimal batch sizes to support pull manufacturing
(22
product(s) support this feature
)
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