OpsVeda’s Inventory Optimization solution monitors inward and outward movements in real-time to prescribe preventive and mitigative actions against inventory shortages and excesses. The optimized inventory levels results in fewer missed sales while reducing inventory holding costs.
Multidimensional view of inventory. Comparison between on-hand inventory, planned inbounds and customer order/forecasts to identify SKUs/locations with too much or too little inventory
Inventory Shortage Handling
Identify SKUs for internal transfers, pulling-in purchases and substitution
Identify SKUs/transactions for purchase push-out, returns and scrap
Use machine learning to learn from past reconciliations to identify SKUs/Bins for physical count