INDIANAPOLIS, IN, March 8, 2022 — enVista, a global software, consulting, managed services and automation firm optimizing and transforming physical and digital commerce, today announces the launch of its inventory forecasting and planning as a service (IFPaaS) solution.
The subscription offering provides companies a convenient and scalable way to leverage enVista’s comprehensive inventory forecasting and planning solutions to adapt to evolving market changes, optimally position inventory across the network, optimize gross margin return on inventory investment (GMROI) and ensure the right inventory is available in the right place and right time to improve customer service.
The solution offering can be delivered alongside enVista’s highly extensible, cloud-native omnichannel order management system (OMS) with enterprise inventory availability and AI-powered dynamic inventory allocation for even more powerful results.
As part of enVista’s IFPaaS offering, enVista’s team of global experts design an integrated S&OP process, complete a demand forecasting analysis, create inventory models, then manage and monitor inventory performance on an ongoing basis, acting as an extension of the client team. enVista also analyzes SKU historical profiles to determine where and how much inventory to position throughout the network to best meet service and financial objectives. After the initial performance benchmarking and launch, enVista’s team regularly meets with clients for operational reviews to evaluate dashboards and inventory performance metrics to identify opportunities for continuous improvement.
“From increased supply chain and supplier issues to the complexities of rapid ecommerce growth, it is clear companies are increasingly challenged to deliver consistent inventory availability and profitability across all channels and locations in today’s dynamic market,” said enVista Senior Vice President of Consulting Nate Rosier. “enVista brings the most seasoned inventory optimization experts and innovative solutions to the market. We are pleased to now offer our inventory forecasting, planning, positioning and management capabilities as a subscription service to strategically and continuously maximize inventory investments for competitive advantage.”
“Consumer demand for Primo Water’s sustainable water solutions has skyrocketed in the last few years,” said Primo Water Global CIO Jamie Jamison. “With the current state of supply chain and our direct-to-consumer model, inventory management has been crucial to our business success. enVista’s inventory forecasting and planning as a service offering has ensured that we consistently have the right inventory levels in every echelon of our global supply chain to meet customer demand and protect our bottom line. enVista has become our strategic inventory optimization partner invested in our success and optimizing our investments.”
Visit our website to learn more about enVista’s inventory optimization services and solutions.
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About enVista:
enVista is a global software, consulting, managed services and automation firm, optimizing and transforming physical and digital commerce for the world’s leading manufacturers, distributors, 3PLs/LSPs, and omnichannel retailers. enVista uniquely optimizes and transforms physical and digital commerce – optimizing supply chain efficiencies to drive cost savings, and unifying commerce to drive customer engagement and revenue. These comprehensive capabilities, combined with enVista’s market-leading Unified Commerce Platform, Enspire Commerce and the firm’s ability to consult, implement and operate across supply chain, transportation, IT, enterprise business solutions and omnichannel commerce, allows mid-market and Fortune 100/5000 companies to leverage enVista as a trusted advisor across their enterprises. Consulting and solutions delivery are in our DNA. Let’s have a conversation
. www.envistacorp.com
Media contact:
Kinsey Loebig, (317) 208-9100, kloebig@envistacorp.com
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