Optimized Inventories for the Chemical Industry
In the Chemical Industry, managing complex supply chains is part of the daily business. A typical supply chain for a finished product is often tied to various different production segments. Hence, a complex network of mutual dependencies results, which makes inventory planning a complex task. With the solution SAP® Enterprise Inventory Optimization by SmartOps numerous global chemical companies not only improve their customer service, but also reduce their inventories along the entire supply chain as well as the associated costs.
The solution augments already implemented SAP applications and allows determination of detailed data related to all phases of highly complex supply chains in real time, based upon stochastic methods and algorithms. Thus, inventories at all value added steps along the entire supply chain can be dynamically optimized, ultimately ensuring a reliable service at low risk.
More information about SAP Enterprise Inventory Optimization by SmartOps as well as about other SAP solutions for optimizing your supply chain is available at the SAP booth at LogiChem 2010 from April 20-22 in Düsseldorf (www.wbresearch.com/logichemeurope) or at the SAP-Roadshow "Controlling and Optimizing the Supply Chain in the Chemical, Pharmaceutical and Consumer Products industry at Jun 8 in Hamburg, at June 17 in Ratingen and at Jun 30 in Walldorf (www.sap.de/events).
