News: Barloworld Supply Chain Software launches CINO V2 at Multimodal 2012
Barloworld Supply Chain Software officially launched CINO V2,
its latest supply chain software for Combined Inventory and
Network Optimisation (CINO), at Multimodal 2012 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.