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by Diane Himes, MA Editorial Staff Posted on Thursday, June 12, 2008 4:41:58 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    | Abstract: | The supply chain planning provider's new LogicTools applications help users analyze logistical and inventory overhead to mitigate expediting costs and waste. |
| Keywords: | manage transportation costs, mitigate expediting costs and waste |
Supply chain planning application provider ILOG this week announced general availability of new versions of its ILOG Inventory Analyst and ILOG Product Flow Optimizer tools, which help manufacturers, retailers, and distributors reduce costs associated with logistics and inventory management.
Version 7.0 of the ILOG Inventory Analyst includes several ease-of-use features, such as a new user interface that the company says provides easier access to existing inventory data. In addition, a Data Store Table Editor enables quick setup of custom tables within a data store for customer-specific data. A Web-based optimization feature allows straightforward deployment of the application on a desktop or server with automatic population of inventory analyst scenarios.
ILOG Inventory Analyst 7.0 also features user-configurable dashboards and reports, to help organize and access historic and forecasted supply and demand, current stock, and optimized inventory and projected inventory levels, as well as optimization models that include shelf life and service levels, in addition to trade-off information among service, shelf life, and costs. The application automatically calculates unmet demand to help better optimize the system.
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