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Redesigned seal cuts costs and assembly problems


Publisher
Elsevier Science
Year
2004
Tongue
English
Weight
80 KB
Volume
2004
Category
Article
ISSN
1350-4789

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โœฆ Synopsis


Automotive aftermarket optimizes inventories with SmartForecasts

Panelite, Dana and Chicago Rawhide are the latest companies to buy SmartForecasts for intermittent demand forecasting and better inventory management.

SmartForecasts is the flagship product of Smart Software. Panelite, Chicago Rawhide and the Heavy Vehicle Technologies & Systems Group of Dana Corporation will use the software's capability to forecast intermittent or slow-moving demand and set accurate stocking levels.

The SmartForecasts technology helps companies in the automotive aftermarket produce accurate forecasts of slow-moving, infrequently demanded items. This permits companies to optimize their inventory mix to ensure both product availability and quick delivery.

Chicago Rawhide will use the software to improve inventory requirement estimates for high-volume and slow-moving products among the 25 000 shaft seal variants it produces for vehicle service and manufacturing and processing equipment.


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