Barloworld Supply Chain Software officially launched CINO V2, its latest supply chain software for Combined Inventory and Network Optimisation (CINO), at Multimodal 2012 at the Birmingham NEC in May, with live demonstrations on the stand.
CINO V2 is a multi-echelon inventory optimisation (MEIO) software application that enables a step change in the way inventory is managed through a complex network.
“By combining MEIO with optimised routing and sourcing technologies, CINO V2 is able to calculate optimum inventory policies to ensure customer service target levels are achieved at the minimum cost” says Nick Newby-Ricci, Business Development Manager – EMEA at Barloworld SCS. “It can also help to quickly evaluate the impact of unplanned events and model alternative plans to mitigate risk, as well as manage constraints and support lean or agile strategies.”
CINO V2 software helps businesses to achieve greater transparency and the ability to model end to end inventory flows, so they are able to reduce working capital and consistently realise targeted service performance levels.
“In the current economic climate many businesses face the challenge of how to deliver the level of service that customers require in order to compete effectively” adds Nick Newby-Ricci. “Traditional approaches to inventory management are not capable of calculating inventory policies that enable the service level that customers demand with an acceptable level of working capital.”
Multimodal is the UK and Ireland’s leading freight transport and logistics exhibition and has evolved into an annual one stop shop for shippers who need to find ways of optimising their supply chain and transportation flows and suppliers of transportation services. Attending Multimodal provides the opportunity to compare suppliers, strategies and modes and network with cargo owners.
Barloworld SCS exhibited and demonstrated a range of supply chain modelling and inventory optimising software at Multimodal 2012. The company offers a comprehensive suite of Smart software based solutions to help businesses enhance their entire supply chains, through the application of warehouse location planning, service lead-time analysis, stock profiling and classification, inventory forecasting, demand planning and excess stock management.
Visit www.barloworldscs.com for more information.