alice
INVENTORY PLANNING
_________
alice
Harness advanced AI to overcome the ongoing battle between margins and service with intelligent scoring and multi-echelon inventory optimisation (MEIO)
alice
alice
Inventory Planning and Optimisation
Imagine reducing your inventory by 10% to 30% while also enhancing your customer service experience.
With an advanced InventoryAI+ solution, you can:
⇒ Optimise postponement strategies
⇒ Accelerate inventory turns
⇒ Lower carrying costs
⇒ Reduce obsolescence rates
No matter the complexity of your supply chain—whether it spans three tiers or thirty-three, operates regionally or globally, or connects multiple enterprises like suppliers and customers—InventoryAI+ transforms inventory into a powerful competitive edge.
Through multi-echelon inventory optimisation (MEIO), you can:
⇒ Seamlessly design, evaluate, and refine strategies across even the most intricate supply chain networks
⇒ Ensure smooth coordination across every distribution and production stage, from work in process to raw materials and finished goods
Optimise every tier of your supply chain with advanced multi-echelon inventory strategies
This solution is designed to manage inventory buffers across all stages and locations of your supply chain network. Whether you operate on a Make-to-Stock (MTS) model or embrace lean inventory practices, it makes it easier to reach your objectives effectively and efficiently.
Inventory Planning and Optimisation
Strategic Outcomes
Maximise service levels with minimal strategic inventory investment.
Leverage advanced modeling to assess strategies, compare outcomes, and identify the best path forward.
Free Up Working Capital tied up un excess inventory
Align your strategic goals with tactical inventory targets seamlessly.
Benefits
Accurate Calculations
Precisely determine optimal stocking locations and inventory buffer sizes.
Holistic Optimisation
Optimise the entire supply chain, covering all inventory types including Finished Goods, Work-In-Progress (WIP), Components, and Raw Materials.
Scenario Analysis
Perform “what-if” analyses to assess cost and service level implications for different plans, customising simulations for specific customer or product segments.
Automated Updates
Automate inventory policy updates, allowing for broad-based or detailed adjustments and maintaining time-phased safety stock policies.
Segmentation Evaluation
Evaluate inventory segmentation using metrics like volume, velocity, margin, and other product/market attributes.
System Integration
Seamlessly integrate with common ERP and APS systems to manage dynamic product portfolios across numerous SKUs and locations efficiently.
Automated Inventory Policies
Automated Detection of Intermittent Demand Patterns
Lumpy demand items present challenges for traditional systems like APS and ERP when it comes to accurately setting safety stock targets, particularly for skewed or intermittent demand patterns.
Our Automated Inventory Policies tackle this issue by:
⇒ Identifying whether demand is normal or lumpy
⇒ Delivering more precise safety stock calculations, even for the hardest-to-forecast items
Automated Inventory Strategies for Optimal Stock Levels
Our probabilistic method helps you maintain optimal inventory levels for items with lumpy or intermittent demand. This approach allows you to:
⇒ Avoid overstock while still meeting your service level goals.
Through this method, you can achieve the required service levels for products with uneven demand distribution, ultimately enhancing customer satisfaction and loyalty.
By leveraging statistical analysis, we:
⇒ Minimise uncertainty and guesswork
⇒ Enable better decision-making when handling the complexities of lumpy or intermittent demand