With a large number of items, constant product updates, phase-ins and discontinuations, demand planners have their work cut out for them. Optimity’s solution helps decipher the most complex demand patterns and turn them into highly accurate forecasts. A user-friendly tool for both internal and external collaboration ensures that guesswork and gut-feel is replaced by real market intelligence.
A distributor’s ability to create optimized replenishment plans is directly reflected on the bottom line. Getting it right can be a difficult task, especially when dealing with large multi-echelon networks.
With Optimity you will know exactly what, when and how much to order, for each location and from which supplier. Your replenishment plan will be optimized across your entire network, no matter how complex it is.
When you’re managing thousands of SKUs, all with different demand patterns, service levels, shelf-lives and storage constraints, a high degree of automation is needed. Without the right tools, both customer service and profits will suffer.
Optimity supports automated ABC classification of each SKU. This provides the focus and structure your planners need to manage the volume of items and to make informed product decisions. And with inventory and replenishment parameters automatically optimized, more time can be spent on dealing with the most critical issues.
Distributors have to balance the risk of shortages with inventory carrying costs. Optimity dynamically calculates the optimal safety stock level and replenishment volume and frequency for each item and location. This allows you to meet your service level targets at the lowest possible cost. And in the event you’re unable to fully replenish the safety stock, the system will dynamically allocate what’s available in the best way possible.
Optimity will account for any distribution and storage constraint you may have. Reduce cost by making sure procurement is made in full containers, or that full truckloads are used wherever possible.
Optimity will also find the best sourcing option, including the option of redistributing excess inventory from within the supply chain.
J. Friberg, Logistics Manager