Inventory Optimization

Inventory Optimization - Optimity Software

Serve your customers better with less stock

Inventory management is a critical part of an efficient supply chain. Too much inventory consumes capital and increases the risk of stock becoming obsolete, while not enough will negatively impact your customer service.

Optimity’s Inventory Optimization solution ensures that your stock is optimally managed at all times.

Make your inventory investment count

Optimity uses powerful optimization technology to determine optimal safety stock levels, order quantities and order frequencies for all of your products.

Business constraints such as existing procurement contracts, available warehouse space and production capacity are all taken into account, ensuring that your inventory plans are always fully feasible and that the capital tied up in your available stock is serving your business in the best possible way.

Inventory Optimization Screens - Optimity Software

Take control with real-time inventory visibility

With Inventory Optimizer you’re always in full control – empowered to act before potential stock issues turn into real problems.

Real-time visibility gives you a clear view of every item’s current stock position and forward projection. And because the system automatically alerts you to any issues, and allows quick drill down from aggregated views, your inventory managers can be much more efficient.

Inventory Optimization Screens - Optimity Software

Dynamic safety stock optimization

Optimizing safety stock is about determining the proper balance between the cost of missed sales and the cost of holding stock. Inventory Optimizer automatically calculates the optimal inventory and replenishment parameters over time, including safety stock and replenishment frequency – for each product and location. In doing so, the tool considers factors such as demand variation, supply lead time, replenishment frequency, supply lead-time variation, standard cost and profit contribution.

Seasonality and other forecasted variations in demand and supply are also considered in order to determine the best safety stock levels at every point in time.

Inventory Optimization Screens - Optimity Software

Optimize multi-tier inventory networks

In larger supply chains, balancing the stock held in your central warehouse vs. regional distribution centres is critical. Optimity’s multi-echelon inventory management ensures your stock is in the best locations to serve your customers.

There are many factors that determine the optimal inventory and safety stock distribution, from customer ordering patterns and service level requirements, to supply and production lead times. Inventory Optimizer easily solves this problem.

Inventory Optimization Screens - Optimity Software

Make better decision with scenario planning

Inventory Optimizer lets you analyze the impact of your decisions – before you implement them. Every time you run the optimizer, the system recalculates your optimal safety stock levels and replenishment parameters.

Your users can review the results and compare with the existing settings, and choose to pass the results to the Optimity supply chain planning products and/or your ERP system.

Inventory Optimization Screens - Optimity Software

Solution features

Dynamic safety stock optimization
Profit optimization based on total inventory cost
Cost of lost sales included in the optimization
Service level optimization
Replenishment quantity and frequency optimization
Time-phased safety stock based on seasonal variations
Cash constraints
Easy integration with your existing systems
Dynamic alerts and exception handling with instant drill-down
What-if simulation and multiple supply scenario analysis

What our customers are saying

Download the White Paper - Setting the Optimal Safety Stock

Setting the right safety stock is of critical importance

It’s the buffer that ensures you can manage the fluctuations in demand and supply. You want to find the optimal mix so that you can ensure excellent service levels, but at the same time not tie-up capital in surplus stock. Read the white paper and learn how you find the right balance.

Download Now
Download the White Paper - Setting the Optimal Safety Stock
Demand Planning & Machine Learning Optimity Software

A solution for growing companies

Optimity’s inventory optimization solution will grow along with your business. Connect to your existing PLM, ERP and CRM systems to ensure the entire company is always in sync and working from the same data. You can easily expand the solution footprint by adding more modules from Optimity’s supply chain suite.
Whether you’re moving away from planning in spreadsheets or looking to optimize your entire supply chain, Optimity has the solution.

Explore the suite

Insights on inventory optimization

Inventory redistribution – when does it make sense?

Inventory redistribution can improve both margins and customer service, but only if used properly. Here we take a closer look at Inventory Optimization, and why this technology offers a superior alternative to traditional DRP.
READ MORE

How to optimize inbound logistics

A carefully-managed inbound logistics network is crucial to a smooth-running supply chain. Without a reliable flow of incoming goods, both customers and operations will suffer. Read how an Australian grocery importer optimized its inbound logistics.
READ MORE

By mastering logistics you can manage almost any aspect of a company

Patrik Färdow – COO of Orkla Foods Group talks about the challenges faced by consumer goods manufacturers, why speed and agility are so critical to supply chain planning, and the importance of not letting the quest for the perfect plan get in the way of timely execution.
READ MORE

Meet some of our customers

Hirsh Industries
Guldfågeln
Orkla
OSTP
Petronas
Vita Coco
Trelleborg
Systemair
Verisure
Norsk Kylling
Bubbies
Anzco
Guocera
Ballantyne
nVentHoffman (Eldon)
Teknor Apex
Lekolar
Newbody
Countdown Ltd
ESA Foods
Allied Pinnacle
Fergas
ABB
Cedo
Fingerprint cards
Group of Butchers
John Soules Food
Ikea
Finsbury Food Group
Lam Soon
Lofbergs
Lantmannen
Legrand
Peters Ice Cream
Swedish Match
Petainer
SSI Schaefer
Tegel
Snack Brands
Hirsh Industries
Guldfågeln
Orkla
OSTP
Petronas
Vita Coco
Trelleborg
Systemair
Verisure
Norsk Kylling
Bubbies
Anzco
Guocera
Ballantyne
nVentHoffman (Eldon)
Teknor Apex
Lekolar
Newbody
Countdown Ltd
ESA Foods
Allied Pinnacle
Fergas
ABB
Cedo
Fingerprint cards
Group of Butchers
John Soules Food
Ikea
Finsbury Food Group
Lam Soon
Lofbergs
Lantmannen
Legrand
Peters Ice Cream
Swedish Match
Petainer
SSI Schaefer
Tegel
Snack Brands
Hirsh Industries
Guldfågeln
Orkla
OSTP
Petronas
Vita Coco
Trelleborg
Systemair
Verisure
Norsk Kylling
Bubbies
Anzco
Guocera
Ballantyne
nVentHoffman (Eldon)
Teknor Apex
Lekolar
Newbody
Countdown Ltd
ESA Foods
Allied Pinnacle
Fergas
ABB
Cedo
Fingerprint cards
Group of Butchers
John Soules Food
Ikea
Finsbury Food Group
Lam Soon
Lofbergs
Lantmannen
Legrand
Peters Ice Cream
Swedish Match
Petainer
SSI Schaefer
Tegel
Snack Brands
Hirsh Industries
Guldfågeln
Orkla
OSTP
Petronas
Vita Coco
Trelleborg
Systemair
Verisure
Norsk Kylling
Bubbies
Anzco
Guocera
Ballantyne
nVentHoffman (Eldon)
Teknor Apex
Lekolar
Newbody
Countdown Ltd
ESA Foods
Allied Pinnacle
Fergas
ABB
Cedo
Fingerprint cards
Group of Butchers
John Soules Food
Ikea
Finsbury Food Group
Lam Soon
Lofbergs
Lantmannen
Legrand
Peters Ice Cream
Swedish Match
Petainer
SSI Schaefer
Tegel
Snack Brands
Hirsh Industries
Guldfågeln
Orkla
OSTP
Petronas
Vita Coco
Trelleborg
Systemair
Verisure
Norsk Kylling
Bubbies
Anzco
Guocera
Ballantyne
nVentHoffman (Eldon)
Teknor Apex
Lekolar
Newbody
Countdown Ltd
ESA Foods
Allied Pinnacle
Fergas
ABB
Cedo
Fingerprint cards
Group of Butchers
John Soules Food
Ikea
Finsbury Food Group
Lam Soon
Lofbergs
Lantmannen
Legrand
Peters Ice Cream
Swedish Match
Petainer
SSI Schaefer
Tegel
Snack Brands
Hirsh Industries
Guldfågeln
Orkla
OSTP
Petronas
Vita Coco
Trelleborg
Systemair
Verisure
Norsk Kylling
Bubbies
Anzco
Guocera
Ballantyne
nVentHoffman (Eldon)
Teknor Apex
Lekolar
Newbody
Countdown Ltd
ESA Foods
Allied Pinnacle
Fergas
ABB
Cedo
Fingerprint cards
Group of Butchers
John Soules Food
Ikea
Finsbury Food Group
Lam Soon
Lofbergs
Lantmannen
Legrand
Peters Ice Cream
Swedish Match
Petainer
SSI Schaefer
Tegel
Snack Brands
Hirsh Industries
Guldfågeln
Orkla
OSTP
Petronas
Vita Coco
Trelleborg
Systemair
Verisure
Norsk Kylling
Bubbies
Anzco
Guocera
Ballantyne
nVentHoffman (Eldon)
Teknor Apex
Lekolar
Newbody
Countdown Ltd
ESA Foods
Allied Pinnacle
Fergas
ABB
Cedo
Fingerprint cards
Group of Butchers
John Soules Food
Ikea
Finsbury Food Group
Lam Soon
Lofbergs
Lantmannen
Legrand
Peters Ice Cream
Swedish Match
Petainer
SSI Schaefer
Tegel
Snack Brands
Hirsh Industries
Guldfågeln
Orkla
OSTP
Petronas
Vita Coco
Trelleborg
Systemair
Verisure
Norsk Kylling
Bubbies
Anzco
Guocera
Ballantyne
nVentHoffman (Eldon)
Teknor Apex
Lekolar
Newbody
Countdown Ltd
ESA Foods
Allied Pinnacle
Fergas
ABB
Cedo
Fingerprint cards
Group of Butchers
John Soules Food
Ikea
Finsbury Food Group
Lam Soon
Lofbergs
Lantmannen
Legrand
Peters Ice Cream
Swedish Match
Petainer
SSI Schaefer
Tegel
Snack Brands
Hirsh Industries
Guldfågeln
Orkla
OSTP
Petronas
Vita Coco
Trelleborg
Systemair
Verisure
Norsk Kylling
Bubbies
Anzco
Guocera
Ballantyne
nVentHoffman (Eldon)
Teknor Apex
Lekolar
Newbody
Countdown Ltd
ESA Foods
Allied Pinnacle
Fergas
ABB
Cedo
Fingerprint cards
Group of Butchers
John Soules Food
Ikea
Finsbury Food Group
Lam Soon
Lofbergs
Lantmannen
Legrand
Peters Ice Cream
Swedish Match
Petainer
SSI Schaefer
Tegel
Snack Brands
Hirsh Industries
Guldfågeln
Orkla
OSTP
Petronas
Vita Coco
Trelleborg
Systemair
Verisure
Norsk Kylling
Bubbies
Anzco
Guocera
Ballantyne
nVentHoffman (Eldon)
Teknor Apex
Lekolar
Newbody
Countdown Ltd
ESA Foods
Allied Pinnacle
Fergas
ABB
Cedo
Fingerprint cards
Group of Butchers
John Soules Food
Ikea
Finsbury Food Group
Lam Soon
Lofbergs
Lantmannen
Legrand
Peters Ice Cream
Swedish Match
Petainer
SSI Schaefer
Tegel
Snack Brands
Hirsh Industries
Guldfågeln
Orkla
OSTP
Petronas
Vita Coco
Trelleborg
Systemair
Verisure
Norsk Kylling
Bubbies
Anzco
Guocera
Ballantyne
nVentHoffman (Eldon)
Teknor Apex
Lekolar
Newbody
Countdown Ltd
ESA Foods
Allied Pinnacle
Fergas
ABB
Cedo
Fingerprint cards
Group of Butchers
John Soules Food
Ikea
Finsbury Food Group
Lam Soon
Lofbergs
Lantmannen
Legrand
Peters Ice Cream
Swedish Match
Petainer
SSI Schaefer
Tegel
Snack Brands
Hirsh Industries
Guldfågeln
Orkla
OSTP
Petronas
Vita Coco
Trelleborg
Systemair
Verisure
Norsk Kylling
Bubbies
Anzco
Guocera
Ballantyne
nVentHoffman (Eldon)
Teknor Apex
Lekolar
Newbody
Countdown Ltd
ESA Foods
Allied Pinnacle
Fergas
ABB
Cedo
Fingerprint cards
Group of Butchers
John Soules Food
Ikea
Finsbury Food Group
Lam Soon
Lofbergs
Lantmannen
Legrand
Peters Ice Cream
Swedish Match
Petainer
SSI Schaefer
Tegel
Snack Brands
Hirsh Industries
Guldfågeln
Orkla
OSTP
Petronas
Vita Coco
Trelleborg
Systemair
Verisure
Norsk Kylling
Bubbies
Anzco
Guocera
Ballantyne
nVentHoffman (Eldon)
Teknor Apex
Lekolar
Newbody
Countdown Ltd
ESA Foods
Allied Pinnacle
Fergas
ABB
Cedo
Fingerprint cards
Group of Butchers
John Soules Food
Ikea
Finsbury Food Group
Lam Soon
Lofbergs
Lantmannen
Legrand
Peters Ice Cream
Swedish Match
Petainer
SSI Schaefer
Tegel
Snack Brands
Hirsh Industries
Guldfågeln
Orkla
OSTP
Petronas
Vita Coco
Trelleborg
Systemair
Verisure
Norsk Kylling
Bubbies
Anzco
Guocera
Ballantyne
nVentHoffman (Eldon)
Teknor Apex
Lekolar
Newbody
Countdown Ltd
ESA Foods
Allied Pinnacle
Fergas
ABB
Cedo
Fingerprint cards
Group of Butchers
John Soules Food
Ikea
Finsbury Food Group
Lam Soon
Lofbergs
Lantmannen
Legrand
Peters Ice Cream
Swedish Match
Petainer
SSI Schaefer
Tegel
Snack Brands
Hirsh Industries
Guldfågeln
Orkla
OSTP
Petronas
Vita Coco
Trelleborg
Systemair
Verisure
Norsk Kylling
Bubbies
Anzco
Guocera
Ballantyne
nVentHoffman (Eldon)
Teknor Apex
Lekolar
Newbody
Countdown Ltd
ESA Foods
Allied Pinnacle
Fergas
ABB
Cedo
Fingerprint cards
Group of Butchers
John Soules Food
Ikea
Finsbury Food Group
Lam Soon
Lofbergs
Lantmannen
Legrand
Peters Ice Cream
Swedish Match
Petainer
SSI Schaefer
Tegel
Snack Brands
Hirsh Industries
Guldfågeln
Orkla
OSTP
Petronas
Vita Coco
Trelleborg
Systemair
Verisure
Norsk Kylling
Bubbies
Anzco
Guocera
Ballantyne
nVentHoffman (Eldon)
Teknor Apex
Lekolar
Newbody
Countdown Ltd
ESA Foods
Allied Pinnacle
Fergas
ABB
Cedo
Fingerprint cards
Group of Butchers
John Soules Food
Ikea
Finsbury Food Group
Lam Soon
Lofbergs
Lantmannen
Legrand
Peters Ice Cream
Swedish Match
Petainer
SSI Schaefer
Tegel
Snack Brands
Hirsh Industries
Guldfågeln
Orkla
OSTP
Petronas
Vita Coco
Trelleborg
Systemair
Verisure
Norsk Kylling
Bubbies
Anzco
Guocera
Ballantyne
nVentHoffman (Eldon)
Teknor Apex
Lekolar
Newbody
Countdown Ltd
ESA Foods
Allied Pinnacle
Fergas
ABB
Cedo
Fingerprint cards
Group of Butchers
John Soules Food
Ikea
Finsbury Food Group
Lam Soon
Lofbergs
Lantmannen
Legrand
Peters Ice Cream
Swedish Match
Petainer
SSI Schaefer
Tegel
Snack Brands
Hirsh Industries
Guldfågeln
Orkla
OSTP
Petronas
Vita Coco
Trelleborg
Systemair
Verisure
Norsk Kylling
Bubbies
Anzco
Guocera
Ballantyne
nVentHoffman (Eldon)
Teknor Apex
Lekolar
Newbody
Countdown Ltd
ESA Foods
Allied Pinnacle
Fergas
ABB
Cedo
Fingerprint cards
Group of Butchers
John Soules Food
Ikea
Finsbury Food Group
Lam Soon
Lofbergs
Lantmannen
Legrand
Peters Ice Cream
Swedish Match
Petainer
SSI Schaefer
Tegel
Snack Brands
Hirsh Industries
Guldfågeln
Orkla
OSTP
Petronas
Vita Coco
Trelleborg
Systemair
Verisure
Norsk Kylling
Bubbies
Anzco
Guocera
Ballantyne
nVentHoffman (Eldon)
Teknor Apex
Lekolar
Newbody
Countdown Ltd
ESA Foods
Allied Pinnacle
Fergas
ABB
Cedo
Fingerprint cards
Group of Butchers
John Soules Food
Ikea
Finsbury Food Group
Lam Soon
Lofbergs
Lantmannen
Legrand
Peters Ice Cream
Swedish Match
Petainer
SSI Schaefer
Tegel
Snack Brands
Hirsh Industries
Guldfågeln
Orkla
OSTP
Petronas
Vita Coco
Trelleborg
Systemair
Verisure
Norsk Kylling
Bubbies
Anzco
Guocera
Ballantyne
nVentHoffman (Eldon)
Teknor Apex
Lekolar
Newbody
Countdown Ltd
ESA Foods
Allied Pinnacle
Fergas
ABB
Cedo
Fingerprint cards
Group of Butchers
John Soules Food
Ikea
Finsbury Food Group
Lam Soon
Lofbergs
Lantmannen
Legrand
Peters Ice Cream
Swedish Match
Petainer
SSI Schaefer
Tegel
Snack Brands

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