No
Yes
View More
View Less
Working...
Close
OK
Cancel
Confirm
System Message
Delete
Schedule
An unknown error has occurred and your request could not be completed. Please contact support.
Scheduled
Wait Listed
Personal Calendar
Speaking
Conference Event
Meeting
Interest
Times for this session to be announced soon
Conflict Found
This session is already scheduled at another time. Would you like to...
Loading...
Please enter a maximum of {0} characters.
{0} remaining of {1} character maximum.
Please enter a maximum of {0} words.
{0} remaining of {1} word maximum.
must be 50 characters or less.
must be 40 characters or less.
Session Summary
We were unable to load the map image.
This has not yet been assigned to a map.
Search Catalog
Reply
Replies ()
Search
New Post
Microblog
Microblog Thread
Post Reply
Post
Your session timed out.
This web page is not optimized for viewing on a mobile device. Visit this site in a desktop browser to access the full set of features.
LiveWorx 2017

Service Simulation: Taking the Guesswork Out of Service Parts Supply Chain

Session Description

Service Parts business demands delicate balance between inventory cost and service level. Faced with unpredictable and changing reality, even the most optimally planned supply chains suffers from expensive excesses, service shortfalls, unforeseen disruptions and hazy forward-looking picture of inventory investment. To top it, service as you measure differs from what the best of breed solutions are optimizing to. In order to accurately predict service levels and get a handle on health of your inventory, you need Service Simulation. It is a unique way to get insight into your service parts supply chain, so you can make your inventory work for you – guesswork out, reality in! In this session, you will learn about the various ways you will benefit from Service Simulation, and how Philips used it in annual budgeting process.


Session Presenter
Additional Information
Service Parts Management
Service
Understand the balance between inventory cost and service level.
How Service Simulation can improve accuracy of service level predictions.
How Philips Healthcare is using Service Simulation in annual budgeting process.
Breakout Session
45 minutes
Session Schedule