SYSPRO Inventory Optimization Key to Recession Survival

SYSPRO, a leading, worldwide provider of Enterprise Resource Planning (ERP) software, said its Inventory Optimization software is helping manufacturers level out the current recessionary dip via the ability to cut costs by closely aligning inventory investments with realistic demand scenarios.SYSPRO USA President, Joey Benadretti commented, "SYSPRO customers are leveraging their systems to better manage inventory and offset the effects of the downturned economy." Supporting this theory is www.InventoryManagement.com that said, "[Today] we are not getting a classic recession, probably due to the fact that inventory management has been so much better than it was 30 years ago." Additionally, a recently published study by a leading research firm concluded that better inventory alignment is the most prevalent action many companies are taking in response to the recession

With systems like the SYSPRO Inventory Optimization suite, companies can significantly reduce inventory costs and fill current demands via superior inventory management. SYSPRO Inventory Optimization is designed to allow companies to model their environment by adjusting their policies, such as order frequency, risk, profit, etc., while monitoring the effects on cash flow, until they find the optimal balance between inventory levels and their desired customer service levels.