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.
Version 7.0 of ILOG's Product Flow Optimizer, meanwhile, helps supply chain managers evaluate the trade-offs between logistic and inventory costs to determine an optimal path for each product from the distribution center to the customer. The application also helps users evaluate multiple potential flow paths for each SKU, as well as different transport mode options along each path. The ILOG Product Flow Optimizer also contains configurable dashboards and reports to display information automatically populated from the application.