SYSPRO, a leading, worldwide provider of Enterprise Resource Planning (ERP) software, said its Inventory Optimization software is helping manufacturers level out the current recessionary dip via the ability to cut costs by closely aligning inventory investments with realistic demand scenarios.
SYSPRO USA President, Joey Benadretti commented, "SYSPRO customers are leveraging their systems to better manage inventory and offset the effects of the downturned economy." Supporting this theory is InventoryManagement.com that said, "[Today] we are not getting a classic recession, probably due to the fact that inventory management has been so much better than it was 30 years ago." Additionally, a recently published study by a leading research firm concluded that better inventory alignment is the most prevalent action many companies are taking in response to the recession
With systems like the SYSPRO Inventory Optimization suite, companies can significantly reduce inventory costs and fill current demands via superior inventory management. SYSPRO Inventory Optimization is designed to allow companies to model their environment by adjusting their policies, such as order frequency, risk, profit, etc., while monitoring the effects on cash flow, until they find the optimal balance between inventory levels and their desired customer service levels.
Parallax is a Rocklin, CA-based, designer and manufacturer of microcontrollers, sensors and robotic components for hobby, educational and commercial use. According to Ken Gracey, Parallax vice president of Sales and Marketing, "We have an internal chart showing how SYSPRO has reduced our global total inventory by 16.1%. This has made a substantial impact on our business - particularly in this market."
SYSPRO's more thoughtful approach to adopting new technology reflects the desires of its buyers who are driven by business needs and not by the latest headlines, executives that are driven by a desire for smart, but aggressive market growth. |
