Smart IP&O for Prophet 21 Optimizes Inventory and Improves Forecast Accuracy

Every day your Prophet 21 ERP recommends supplier orders, manufacturing jobs, and inventory transfers based on user defined demand forecasts and stocking parameters such as Min, Max, Safety Stock.  When changing these parameters, do you know what the impact will be on customer service level and inventory investment?  Do you know what your historical inventory and service level performance has been?  What is it likely to be in the future? Smart IP&O  is a demand planning, demand forecasting, and inventory optimization software for Prophet 21 ERP.  It answers these questions by providing accurate demand forecasts, safety stock, and stocking policies that enable the management team to shape inventory planning policies to meet business objectives while empowering the planning team to drive inventory reductions, service level improvements, and operational efficiency.