AUSTIN, Texas--(BUSINESS WIRE)--LeanDNA, the only provider of factory-focused inventory optimization solutions, announced today it has won the 2020 NextGen Supply Chain Analytics Award by Supply Chain Management Review. The accolade recognizes LeanDNA for driving the industry forward with actionable analytics and prescriptive workflows that enable supply chain leaders to move swiftly with changing demand, continuously reduce inventory, and prevent costly and critical shortages.
“Customization, constant changes in supply and demand, globalization, and more, have made today’s value chain more demanding than ever. Every team needs to be able to cut through the complexity and understand which inventory issues to solve first, and what actions to prioritize,” said Richard Lebovitz, LeanDNA’s President and CEO. “Actionable analytics and tools built for inventory management roles are crucial for ensuring the factory is ready for anything. LeanDNA is honored to be recognized for our commitment to empowering manufacturers with the tools they need to make impactful inventory decisions and deliver real value, fast.”
LeanDNA’s factory inventory optimization and shortage management solution replaces manual analysis with cloud-based predictive analytics, automatically surfacing the most valuable and immediate opportunities for inventory optimization and improved on-time delivery. These AI-driven recommendations are delivered daily through best practice, role-based workflows for each supply chain team member. Teams can collaborate more effectively across the organization in real time to hit their specific inventory-related goals, cut operating costs, strengthen customer relationships, and ensure business continuity.
“LeanDNA is enabling manufacturing and supply chain leaders to leverage inventory management as a competitive differentiator,” said Bob Trebilcock, Supply Chain Management Review’s Editorial Director. “By being able to adjust and act at a moment’s notice, teams can pivot through unpredictable times and innovate in the factory when it’s needed most. We’re thrilled to recognize LeanDNA as a leading solution provider and look forward to its continued transformation of the marketplace.”
The award will be presented to LeanDNA at the virtual NextGen Supply Chain Conference, which will take place on November 10 – 12. LeanDNA will be honored alongside four other solution providers as the winner of the analytics category. LeanDNA is an associate sponsor of the event and will also host a virtual booth.
Richard Lebovitz will participate in a panel discussion, "Lessons from Leaders,” which will discuss how analytics is transforming the supply chain. Lebovitz will also present the case study that won LeanDNA the recognition, which centers on a top aerospace manufacturer that reduced inventory by 36% in three months.
For more information on how LeanDNA empowers supply chain leaders to make impactful inventory optimization decisions for the factory that drive agility, resiliency, and financial growth, please visit the website. To register for the conference, please visit here.
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. For more information about the Austin, Texas-based company, visit www.leandna.com.
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