Becky Boyd
MediaFirst PR – Atlanta
+1 770 642 2080 x 214
becky@mediafirst.net
The World Trade magazine list also names Optiant customers such as Kraft and
Nestlé as innovators. Optiant’s PowerChain solution is cited for its ability to
“determine optimal levels of inventory across a global supply chain with multiple
suppliers at multiple tiers, complex regulatory regimes, and a host of unknowns from
monsoons to political disruption.”
Industry analysts as well as trade and business publications have ranked Inventory
optimization as a top priority for supply chain organizations during this tough
economic environment.
According to Optiant CEO Fred Lizza, firms that implement inventory optimization
programs are able to reduce inventory by 20—30 percent and cycle times by 15—20
percent. “Inventory optimization has been deployed by leading-edge companies to
lower costs and free up working capital,” said Lizza. “Small, medium, and large
businesses can benefit from reducing their inventories, but it must be based on a
definitive understanding of exactly what drives a specific supply chain’s behavior. A
solution like Optiant’s PowerChain® recommends intelligent inventory policies and
safety stock targets that handle demand uncertainty and maintain service levels
while minimizing costs.”
In a recent report from IDC Manufacturing Insights, Simon Ellis, Supply Chain Practice
Director, observes, "Dramatic changes in business are having an inevitable impact on
a company's supply chain network. Optimizing efficiencies in the supply chain –
particularly inventory – has been propelled up the priority list for many companies.
Increasing the productivity of assets has taken on more importance because of its
direct relationship toward maximizing working capital and improving the bottom
line."
About Optiant
Optiant, the Optiant logo, and PowerChain® are registered trademarks of Optiant, Inc. All other product
and service names mentioned are the trademarks of their respective companies.