Inventory Planning: Use powerful simulation capabilities to satisfy demand cost-effectively—whether you’re using a Make-to-Stock (MTS) or lean inventory model. Calculate time-phased safety stocks and replenishment quantities for all your locations, and then automatically synchronize demand patterns, forecasts, and inventory throughout your supply chain.
You can also calculate economic order quantity (EOQ) if it makes more sense for your business. Demand Solutions supports distribution resource planning (DRP), vendor-managed inventory (VMI), efficient consumer response (ECR), and just-in-time (JIT) planning.
Inventory Optimization: Balance your inventory investments with your service level goals while accounting for demand variability, supply volatility, and other common supply chain challenges. Use multi-echelon inventory optimization (MEIO) to balance cost and service, ensure optimal inventory levels, and free up millions in working capital.
MEIO uses machine learning to drive operational improvements. You’ll find your best direction by evaluating multiple inventory strategies and comparing their outcomes. With MEIO, you can not only optimize your postponement strategies, accelerate your inventory turns, and lower your obsolescence rates, but also reduce your overall inventory by 10 to 30 percent.