Brief Overview
ON Semiconductor sought to replace its manual methods of determining optimal inventory levels with a multi-echelon inventory optimization solution that would allow the company to gain control of its current inventory and begin to strategically forecast future demand. ON Semiconductor implemented JDA Inventory Optimization, which can enable companies to optimize inventory strategies to meet market demand.
Benefits include:
- Estimated 5 - 10 percent reduction in total inventory
- Projected 300 percent ROI
- Increased customer satisfaction