Smart IP&O Optimizes Inventory and Improve Forecast Accuracy for Epicor Kinetic
Every day Epicor 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 will the impact on customer service level and inventory investment be? Do you know what your historical inventory and service level performance has been? What is likely to be in the future? How planning parameters should be changed to reduce costs and improve service?
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Smart Software is an Epicor Platinum Partner.
Smart IP&O answers these questions and provides visibility to the management team on the impact of current and proposed inventory policies. The certified integration imports historical shipments, orders, receipts, stocking policies (Min/Max/Safety Stock), and bill of distribution from your Epicor Kinetic (the new name for Epicor ERP) to Smart IP&O. Epicor customers can now report on inventory and supplier performance, forecast demand, and return optimized forecasts and planning parameters such as Min/Max/Safety back to Kinetic to drive MRP yielding substantial reductions in inventory and improvements in service level.
How Smart IP&O Can Help
Improve Forecast Accuracy, Eliminate Excess Inventory, & Maximize Service Levels