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Title: Advanced planner and optimizer

Essay Details

Subject: Technology
Date: August 21, 2003
Length: 3 / 842
No of views: 0
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Essay text:

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. Forecast accuracy can also have an impact on the quality of our customer service...

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Stock outs can not be measured simply by monetary means because it affects our biggest asset which is brand image; if a product is not available, we lose ground to the competition. By increasing our accuracy, stock outs will be diminished and customer satisfaction augmented, making it harder for new competitors to gain market share...

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