Inventory Management
Inventory Optimizer
Calculates recommended ordering quantities from average sales, stock, pending PO, lead time and safety stock.
Inventory Optimizer calculates recommended order quantities per item and location using daily average sales, current stock, pending purchase orders, supplier lead time, desired coverage and safety stock.
The Challenge
Buyers set order quantities using rules of thumb rather than data, resulting in either excess working capital tied up in stock or frequent stock-outs on fast-moving items.
Our Solution
A recommendation engine with configurable coverage targets and safety stock rules per category, plus exception alerts for slow movers and overstock.
Key Features
Recommended Order Quantities
Safety Stock Rules
Overstock Alerts
Benefits
Lower Working Capital Tied Up in Stock
Related Applications
Related Consulting Services
Request a Demo
See Inventory Optimizer in action. Tell us a bit about your business and our team will reach out to schedule a walkthrough.