Maximo Inventory Insights to Analyze Stocks And Reduce Costs

January 24, 2017 gk6565

Maximo Inventory Insights presentation

REDUCES EXCESS INVENTORY AND ENSURES THE AVAILABILITY OF PARTS

Maximo Inventory Insights optimizes inventory and ensure the availability of spare parts for the essential assets to the mission by exploiting the capabilities of the management of Maximo Asset Management stocks as the analytical power of IBM SPSS. It combines the ease of use of SaaS with the simplicity of an integrated analysis model and the sophistication of predictive technology to automatically optimize inventory in several countries, sites and stores.

Clippings

AUTOMATICALLY EXTRACTS THE INVENTORY DATA AND SECURE

The user installs the lightweight data collector and implements the analysis environment. It performs the extraction of data scheduled intervals. This non-invasive process selects the existing Maximo inventory data required by the model, then exports them automatically to the hosted service from IBM. Get register for IBM Maximo Training from expert trainers.

Establishment of profiles of stock

DISPLAYS THE PROFILES OF STOCK IN A GRAPH

Identifies the percentage of inventory items that include a timeout value, that is to say a key value required for the analysis of stock. Identifies the potentially blocked stock, stagnant or obsolete. Establishes a distribution profile of the cost of stock on all sites.

Prioritization of opportunities

PROVIDES AN OVERVIEW OF INVENTORY OPTIMIZATION RECOMMENDATIONS

Summarizes the financial impact of accepting optimized recommendations. Identifies the accounting costs and quantities of the main items that show a trend toward a surplus or a shortage of stock. Prioritizes adequate stock levels compared to the cost reduction, an adequate balance between inventory levels and reduce costs, or reduction of costs compared to adequate stock levels. Indicates the relative size of the book value of the stock on this website or this store to focus on the items with the most positive financial impact.

Recommendation optimized reorder points

GENERATES RECOMMENDATIONS FOR SPECIFIC REORDER POINTS FOR EACH INVENTORY ITEM

Focuses on items that are overstocked or have this tendency, or items that may soon be out of stock. Sort the reorder point recommendations for potential financial impact, name or website and accounting cost. Article presents the recommendations inventory by organization, site or store. Enroll now for free webinar on IBM Maximo Training - IBM Maximo Asset Management is an enterprise asset management (EAM). This webinar is conducted by Certified Maximo Working Professionals.

Implementation of the recommendations

ALLOWS FOR COST SAVINGS

The user selects any recommendations or selects only the specific recommendations to accept. Place the items that the user selects from a selection list for confirmation. Automatically updates reorder points in the next scheduled synchronization with Maximo Asset Management. Manages a change log file in the Maximo Inventory Insights data collector. Source: Maximo4you

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