Smiths Medical has selected ToolsGroup's SO99+ inventory optimisation software to enhance its Oracle E-Business Suite applications.

Smiths has implemented SO99+ across its factories and distribution centers, following a successful six months pilot.

The company has noticed a reduction in global working capital coupled with improved levels of stock availability and a consequential increase in line fill and improved profits.

ToolsGroup MD Martin Woodward said they are very pleased to have Smiths Medical join their growing roster of medical device customers, each of which have saved millions by improving the efficiency and accuracy of their inventory planning.