Inventory
Optimization

Optimize Inventory Levels with Real-Time AI-Driven Insights

 

OpsVeda’s Inventory Optimization solution provides real-time monitoring of stock movements to prevent shortages and minimize excesses. With AI-powered recommendations, achieve balanced inventory levels that reduce holding costs and boost sales by ensuring the right stock is always available where it’s needed most.

Solution Coverage

Inventory Overview

 

Get a comprehensive, multidimensional view of your inventory. Compare on-hand stock, planned inbounds, and customer orders or forecasts to identify SKUs or locations with surplus or insufficient inventory levels. Proactively address imbalances to maintain operational efficiency.

circle

Inventory Shortage Handling

Identify SKUs for internal transfers, pulling-in purchases and substitution

Excess Inventory

Identify SKUs/transactions for purchase push-out, returns and scrap

Physical Reconciliation

Use machine learning to learn from past reconciliations to identify SKUs/Bins for physical count

Actions Enabled

  • Push-out or cancel POs
  • Promotions, Returns to vendor, Scrap
  • Physical inventory counts
Inventory Optimization

Benefits

Revenue

upto

02%

OTIF

upto

27%

Inventory

upto

07%

Stoppages at shopfloor

upto

08%

Previous
Next