Supply Chain Consultants and MÖBIUS have entered a partnership agreement to design multi-echelon inventory software to help manufacturers with complex supply chains better position inventories to save money.
The joint effort will combine a comprehensive and predictive mathematical model developed by European consulting company MÖBIUS with SCC’s Zemeter technology to create a commercial offering. The software will help manufacturers set inventory targets for their distribution and warehousing centers, which, in this age of global manufacturing, have become increasingly multi-layered, said Sujit Singh, chief operating officer at the Wilmington, DE-based SCC, in an interview with Managing Automation.
For example, a manufacturer’s product may travel through central, regional, and local distribution and warehousing centers before it arrives in stores or at customer locations, and “how much inventory you hold at each level affects the levels above and below,” Singh explained.
A company’s inventory targets are typically fixed for a period of time, say, three months, Singh said. Supporting software helps manufacturers manage the day-to-day implementation of that inventory plan.