The latest version of this product, part of IBM’s Smarter Commerce initiative, includes a new simulation capability, enabling companies to more efficiently analyze safety stock levels to ensure forecasted inventory levels will meet customer demand. IBM said the capabilities are particularly important to manufacturers, retailers and distributors.
“Enhancements to optimization and sensitivity analysis bring more confidence in the recommended stock levels and overall help companies to improve inventory turns, free up working capital and increase cash flows,” the company said.
IBM estimates that inventory planners can save between 15 and 35 percent in costs by using IPFA. The company said IPFA “strategically positions raw materials, work in progress, and finished goods inventory across the supply chain to improve inventory turns and service levels.”
To learn more about IPFA, access the Web link.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now