ToolsGroup releases inventory optimization software for CPG companies
ToolsGroup has announced DPM 5.0, a new version of inventory optimization software designed specifically for consumer packaged goods (CPG) manufacturers and retailers. DPM is a “service level” driven inventory optimization solution, giving companies the business processes to meet service level agreements (SLAs).
New capabilities within DPM 5.0 include:
• Multi-level kitting functionality to optimize inventory for specialty promotion packaging (e.g., two for one shrink wrapping) across a multi-echelon supply chain.
• Optimization according to different business objective functions, such as maximizing residual shelf life for perishable products or products with expiration dates.
• Enhanced rough-cut capacity planning for dynamically pre-building inventories to overcome seasonal peaks.
• Advanced category management techniques for short product lifecycle industries, such as fashion and consumer electronics
