Baxter Planning has introduced an AI-driven solution for the service supply chain, BaxterPredict Prophet.ai. It utilizes AI to eliminate the guesswork associated with New Product Introduction (NPI) and Last Time Buy (LTB).
BaxterPredict Prophet.ai allows its users to:
Predict product lifecycles and spare parts demand decades into the future.
Accurately predict NPI stock levels.
Accurately predict future demand to support more accurate LTB decisions.
Identify excess inventory earlier through improved visibility into future spare parts demand.
Consume excess inventory more effectively through service extensions and part sales.
