Solutions: Inventory Mission

MachSix Inventory Optimization Software Reduces Inventory While Maximizing Throughput and Customer Service

Inventory optimization is a balancing act. The objective is to maximize customer service levels and throughput with the least amount of inventory. But if you miscalculate, you’ll tip the scale and could wind up with too much working capital on the balance sheet, unacceptable returns on assets or long lead times and unhappy customers.

Many manufacturers choose to tackle their inventory optimization challenges by creating inventory buffers, but that needlessly ties up resources and takes up valuable floor space. Invistics helps customers effectively balance inventory with throughput and customer service with minimum amounts of inventory.

Having said that, let’s get one thing straight before take off. This mission is not about selling you a solution to reduce inventory – it’s about helping you optimize inventory while striking the perfect balance among all your key metrics so you can achieve sustainable benefits for the long haul. Reducing inventory may be a key performance goal, but we’re certain you don’t want customer service levels heading south at the same time. And, when you add capacity planning to the mix, things get even more complex. Invistics’ inventory optimization software and solutions takes the complexity out of balancing the trade offs between key metrics, so you can achieve an effective balance today while seeking out ways to continually raise all performance levels in tandem.

In order to achieve the correct balance among key performance metrics, you need a unique manufacturing methodology supported by advanced analytics, simulation and inventory optimization software and you need to the time and tools to define, measure, analyze, improve and control your performance.

Invistics MachSix Helps You to Achieve New Levels of Efficiency

Built on Lean and Six Sigma principles, Invistics manufacturing planning and scheduling solution combines a unique flow methodology based on DMAIC (the Six Sigma principle of defining, measuring, analyzing, improving and controlling) with advanced analytics, simulation and optimization software to help manufacturers break through performance barriers and reach new levels of improvement.

We start by using the unique MachSix pull-based methodology to help you analyze how material flows through your shop and design an organized, methodical flow of inventory that maximizes machine usage and throughput. Next, we help you develop measurements to help everyone on the floor easily see whether inventory is moving properly and if it’s not, our solution highlights where the problems are, so they are quickly addressed.

After you’ve defined your optimum strategy and set balanced metrics, MachSix software supports the effort by helping you analyze optimum inventory levels at every stage of the process, from raw materials to finished goods. Now, you’ll have a lot less of what you don’t need and the perfect amount of what you do need to meet your manufacturing targets.

Finally, we give you the tools to continually control your inventory and manufacturing flow, so that orders are run when they’re needed, in the sequence that makes the most sense.

With Invistics MachSix, you’ll be able to:

Achieve inventory optimization and give your team tools to maintain the optimum levels

Reduce inventory without sacrificing throughput and customer service

Effectively manage inventory and replenishment so you always have exactly what you need without stocking excessive buffers

Balance inventory and cycle time to achieve maximum throughput and improved customer service, so you’re able to ship more products on time with less inventory.

Learn more about our inventory optimization software and solutions.