Unlock operational excellence with Supply Chain Planning.
Struggling with poor service, tied-up capital, or rising costs?
Today’s consumers want more choices, faster – while trends shift quicker than ever. As a result, businesses carry more slow-moving items with unpredictable demand. This leads to inefficiencies in inventory management, such as missed sales opportunities or excess stock tied up in capital. Traditional inventory approaches often overlook today’s complex supply chains, where multiple locations – warehouses, distribution centers, and stores – must be coordinated. Without the right tools, businesses often find themselves unable to meet demand efficiently, resulting in reduced profitability and customer dissatisfaction.
Efficient Supply Chain Planning.
To solve these issues, implementing a Multi-Echelon Inventory Optimization (MEIO) solution that combines probabilistic demand forecasting and planning with inventory optimization and automatic replenishment planning is critical. This enables you to accurately predict customer demand and optimize inventory levels across all supply chain layers – from raw materials to finished goods – at each supply chain tier or node. The result? Seamless replenishment without overstocking or understocking any part of the network.
Boost efficiency, cut costs, and drive profitability.
Unlock measurable business value through effective demand forecasting, inventory optimization, and replenishment planning. All of this combines to deliver better profitability, greater operational efficiency, and a more resilient, future-ready supply chain.
- Boost service levels: Prevent stockouts and lost sales with smarter planning.
- Free up capital: Minimize stock levels without sacrificing availability.
- Cut storage costs: Eliminate excess inventory and reduce warehousing expenses.
- Reduce waste: Lower the risk of obsolete inventory and disposal costs.
- Save on expediting: Avoid unnecessary rush orders and associated fees.
- Streamline operations: Achieve high automation levels and minimize manual tasks.
- Gain control: Enjoy end-to-end visibility and dynamic what-if scenario capabilities.
Key Features & Benefits
Probabilistic forecasting: Managing demand volatility with greater accuracy.
Managing demand volatility is easier with probabilistic forecasting. Unlike traditional methods, this advanced algorithm provides a range of possible outcomes and their likelihood, giving you a clearer picture of demand uncertainty. Powered by machine learning, it captures trends, seasonality, and external factors to create more accurate forecasts. By considering both quantities and order lines, it improves forecast accuracy, aligns safety stock with real demand, and ensures consistent service levels over time.
Demand planning: Enhancing forecasts with real-world insights.
Forecasting goes beyond analyzing past sales data; it requires input on factors like product launches, phase-outs, and promotions – critical information often missing from sales history but essential for accurate forecasts. Providing stakeholders with an easy way to add this data is essential. Early collaboration with sales teams also helps capture trends early and detect market shifts. This ensures a well-rounded and accurate forecast, smoother replenishment, and improved demand planning across the supply chain.
MEIO: The right stock, in the right place, at the right time.
With MEIO (Multi-echelon inventory optimization), you get a highly reliable system that uses advanced analytics to link inventory levels with customer service performance. Even products with sporadic or low demand, often referred to as the “long tail,” are optimized. Beyond that, the system automatically balances inventory across multiple locations and all levels of production materials (BOM), ensuring everything is in the right place at the right time. The result? Higher service levels and happier customers – all while reducing the total amount of inventory you need.
Replenishment planning: Always in stock, never overstocked.
A smart, automated replenishment system helps you eliminate stockouts and inefficiencies. By analyzing demand forecasts, orders, and inventory levels, it ensures replenishment orders – whether for distribution, purchasing, or manufacturing – are triggered at the right time. The system factors in lot sizes, calendars, and discounts while automating tasks like inter-depot transfers. The payoff? Continuous product availability, reduced stock investment, fewer lost sales, and less risk of obsolete inventory – all with minimal manual work.
End-to-end supply chain visibility: See more, react faster, stay ahead.
Imagine having a crystal-clear view of your entire supply chain – from inventory levels to demand forecasts and replenishment needs. With end-to-end visibility, you can stay one step ahead, making proactive decisions and responding to changes before they become challenges. The payoff is increased agility and resilience, empowering your business to tackle disruptions and demand shifts with confidence, speed, and precision.
Talk to a supply chain expert!
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