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Inventory Optimization

Because it’s a fine line between too much and too little.

Real-time inventory optimization


Real-time inventory-demand alignment


Manage by Exceptions


Prioritize. Act now

Monitor. Predict. Optimize

OpsVeda – Inventory Management continuously monitors the positioning of inventory as it parses demand data from internal and external sources. Identifying potential excesses and shortages, the inventory management solution recommends action to restore a balance between inventory, projected supply, and demand. Excess inventory is also analyzed to identify its root cause.

OpsVeda real-time actionable storyboards for Inventory Management

Key Benefits

  • Increase Revenue

    Reduce out-of-stock events through the real-time monitoring of demand, stock at internal and partner locations, production schedules, and planned inward movements of stock.

  • Free up working capital

    Reduce buffer stock with better visibility into demand, supply, production, and inventory.

  • Improve service levels

    Improve fill-rate commitments and meet deadlines by placing stock at the optimal location, in response to demand.

  • Reduce inventory costs

    Reduce spoilage, distress sales, and other carrying costs.

Process

BUSINESS REALITY

  • SKU proliferation
  • Unpredictable demand
  • Customer affinity for “Freshness”
  • Complex products with extensive and deep Bill-of-Material

OPERATIONAL CHALLENGES

  • Granular inventory visibility
  • Inventory at the wrong locations
  • Managing shorter shelf-lives
  • Too many production halts due to unexpected raw-material/ sub-assembly shortages

THE OPSVEDA SOLUTION

  • Exception based alerts to SKUs needing attention
  • Prescribed inventory re-balancing
  • Business user defined alerts to manage expiry driven promotions
  • Real-time comparison inventory position of complete BOM to production schedules

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Phone: 1-855-OPS-VEDA