Global pharmaceuticals leader selects software for multistage inventory planning and optimization
PITTSBURGH, Dec. 17 /PRNewswire/ -- SmartOps Corporation, the leading provider of enterprise-class supply chain optimization solutions, announced that its Enterprise Inventory Optimization (EIO) software solution has been licensed by Wyeth Pharmaceuticals.
“In the current business environment it is even more critical that companies optimize their use of working capital while maintaining customer service,” says Sridhar Tayur, chief executive officer of SmartOps. “Companies are looking for a scalable inventory planning, optimization and analysis solution that enhances supply chain performance.”
EIO enables customers to achieve both a rapid return on investment and a long-term competitive advantage by determining the best possible inventory and product availability plans given aggressive customer service goals and inherent uncertainties, time-varying data, multi-location and inventory stage complexities. EIO dynamically generates optimal inventory targets for each stage of the highly complex supply chain while providing visibility into each inventory requirement - including safety, cycle, pre-build, pipeline and merchandising stock requirements, by item or stock-keeping unit (SKU) - to meet desired service levels.
About SmartOps
SmartOps, the market leader in enterprise-class supply chain optimization solutions, enables companies to manage the uncertainty of complex, multistage supply chains to achieve rapid return on investment and long term, sustainable value. Deploying SmartOps’ solutions has dramatically improved supply chain performance at Fortune 1000 and Global 2000 companies in discrete manufacturing, consumer durables and packaged goods, technology, pharmaceuticals manufacturing, distribution and retail industries. Contact SmartOps at 412-231-0115 or www.smartops.com for more information.
(C) 2008 SmartOps Corporation. All rights reserved.
CONTACT: Martin Barkman, Senior Vice President of SmartOps Corporation,
+1-412-231-0115 ext. 111, mbarkman@smartops.com
Web site: http://www.smartops.com/
