Clearly see real-time inventory levels and be instantly alerted when there is impending risk.
Identify the optimal safety stock levels for fluctuating supply and demand.
Manage the trade-offs between inventory levels for all products and customer service levels and understand the financial impact to business.
|Account for profit margin and impact from lost sales as opposed to just costs for holding inventory||Identify optimal service levels for all products|
|Integrate with your ERP so you can compare current versus optimal settings and allow update of ERP||Consider cash constraints|
|Establish order parameters - such as optimal safety stock and replenishment frequency for each product in each location||Highlight alerts and exceptions on aggregated level and easily drill down to details|
|Consider seasonal variations to calculate optimal time phased safety stocks throughout the year||Run what-if simulations and alternative scenarios|