The global leader in digitally connected industrial equipment and systems has chosen Optimity to improve planning in the after-market service sector of its Control Technologies unit. The business selected Optimity after an early prototype demonstrated both the clear benefit of the software to the business, as well as the experience and knowledge of the Optimity team about the requirements of their business.
The important after-market service sector provides maintenance services and service components for their systems already installed at client locations. In particular the company experiences forecasting challenges due to the long lead times for thousands of system components. Optimity Demand Forecaster will provide improved statistical forecasting, and also provide reliable long term purchase forecasts that can be given to suppliers. The company is also implementing Optimity Inventory Optimizer, which along with Demand Forecaster, will allow them to better manage stock levels to ensure the right service levels, and Optimity ABC Analyzer.