Audience
Organizations interested in a tool to manage their inventory and improve warehousing costs
About VMetric
Achieving the balance between system performance and cost seldom lies in the implementation of costly inventory management solutions, which have only a marginal effect at best. Investment in spare parts should be expected to perform to the same standards as other investments. The business case for the acquisition or adjustment of your spare inventory should be able to demonstrate that the proposed range and distribution of parts minimizes the cost of achieving an operationally justified level of system performance. VMetric’s optimizing engine applies marginal analysis techniques to system-based models to optimize spare selection, by selecting the parts that most increase availability for the least cost. By balancing cost and system performance for the entire system, VMetric delivers results that ensure ‘happy systems’, as opposed to ‘happy shelves’ where parts are modeled independently, and performance is limited to metrics.