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Optimization Software Selection is Not Trivial

February 23 Phillip Slater

Subject Area: Optimization Software Selection

optimization software selectionWhat is the impact of selecting the wrong optimization software?

Not so wrong that it doesn’t work, but sufficiently wrong that the software doesn’t provide the best results possible?

How much would it cost your company if the results are ‘good enough’ but not as good as they should be?
If ‘getting a better number’ really the goal?

The result could be inappropriate recommendations, waste of hours (months?) of staff time, and the erosion of trust with the end users.

Optimization software selection is not trivial.

This is explained in this short video, an edited extract from a live webinar titled: Selecting the Right Spare Parts Inventory Optimization Software for Your Company

Run time: 2:56


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Posted by: Phillip Slater
 

Filed Under: Inventory Optimization Tagged With: inventory optimization, inventory reduction, mro, software, spare parts inventory

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Alliance Members

Right Sized Inventory uses patented inventory-optimization predictive analytics technology to analyze your supply chain and establish best target inventory levels. Read more... NRI Industrial specializes in the management, marketing and sales of surplus industrial assets. They provide solutions to recover value from overstock, surplus and obsolete inventory. Read more... NRI Industrial The Reliability & Maintenance Center at the University of Tennessee, Knoxville, provides comprehensive programs of education in reliability and maintenance practice. Read more... RMC Phillip Slater, Founder of SparePartsKnowHow.com, spare parts inventory management specialist, consultant, guide, and mentor. Read more... Phillip Slater SparePartsKnowHow.com: The most comprehensive online resource dedicated to spare parts inventory management. Visit the  Welcome page to read more >>> spare parts alliance

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