LeanDNA, a provider of factory-focused inventory optimization solutions, has launched role-based workflow capabilities within its platform for the manufacturing industry. The new workflows standardize and optimize the daily work of supply chain teams, automatically prioritizing urgent inventory actions, so teams can quickly resolve issues, reduce excess inventory and critical shortages, and improve delivery performance.
“We see an opportunity to adjust to market fluctuations at a moment’s notice and drive new value by making smarter, faster inventory decisions,” said Darren Hill, Vice President of Supply Chain Management at Radius Aerospace. “The new workflows and inventory optimization view in LeanDNA enables our team to focus on driving down inventory to control costs, manage oversight, and improve on-time delivery without spending hours tracking down required information. Our team can now see a whole picture of our inventory, and it gives me and the executive team instant visibility into trends, root causes, and actions being taken to simultaneously reduce our excess inventory and prevent costly shortages. The capabilities LeanDNA provides have truly been a game changer for our team.”
The new purpose-built workflows include:
My Work view for role-based daily actions. Automatically summarizes all daily inventory work into a prioritized list from which teams can easily execute.
Inventory Optimization view for projected opportunity. Predicts burn-off potential and surfaces net opportunities for each future week, including parts over or under target quantity..
Purchase order-level recommendations. Tells teams the specific actions that will optimize inventory levels for each part. Suggestions include when to expedite, move in, or place a new purchase order to prevent a shortage, or when to cancel or move out POs that will cause excess inventory.
Interactive dashboards and analytics. Ties together advanced inventory analytics, recommendations, actions, and collaboration for every role. Teams can customize and share insights to track trends, identify root causes, surface opportunities to proactively manage shortages, update delivery schedules and optimize PFEP processes.
“Fluctuating demand and workforce challenges are putting pressure on already overwhelmed supply chain teams to connect, collaborate, and act faster and better than ever before. Executing quickly, and in a way that enables the organization to reduce excess inventory while improving delivery performance, is impossible when relying on an array of offline tools and processes,” said Richard Lebovitz, CEO of LeanDNA. “We’ve intentionally designed these new workflows to give teams the insights, guidance, structure, and visibility they need to boost productivity and continuously optimize inventory amidst today’s dynamic environment.”
About LeanDNA
LeanDNA is the only factory-centric, execution-focused analytics solution to inventory optimization. This factory-first solution empowers supply chain professionals to dramatically reduce excess inventory, deliver on time, and establish operational command across their organizations, delighting customers and unlocking new business growth. LeanDNA customers achieve an average 14 percent inventory reduction, 32 percent shortage reduction, and 18 percent improvement in on-time delivery.
