Having an optimized inventory strategy is crucial for profitability of any business
Assess optimal inventory allocation in the network
Not having inventory in the right location, at the right time and in right quantity doesn’t just result in sales loss but can also escalate logistics expenses. In the realm of E-commerce, an imbalance between demand and supply, stemming from inefficient inventory allocation, may prompt the use of costly shipping methods, split order fulfillment and lead to high logistics cost and poor customer service
Create SKU level models to inform optimal inventory splits
Poor inventory allocation can lead to 10-25% increase in logistics cost depending on nature of channel (higher impact is observed for E-commerce and DTC channels). Creating SKU level models allow generation of SKU-Node splits that can be directly imported into supply chain planning and execution systems
Assess storage requirements in tandem with inventory requirements across network
Having right inventory in the right location is only possible if there is enough storage at optimal fulfillment locations. Optiflow allows multi period modeling of supply chains that can be used for assessing accurate storage capacities requirements and run scenarios to generate capacity adjusted replenishment plans
Create inventory strategy by product, customer, channel segment
No one size fits all. Same is true for designing your inventory strategy in line with your network and business strategy. But the two do not have to be separately designed. With Optiflow, SKU-DC assignments and DC locations can be simultaneously optimized to minimize total supply chain costs and maximize profitability
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Efficiently optimize your supply chain with our built-in parcel rate and transit time databases for leading parcel providers. Our platform saves you time and effort by providing the data you need to make informed decisions and streamline operations.
Build On Cloud
Optiflow is a fully cloud-based solution that enables collaborative digital twin building across functions and geographies. This allows teams to work together in real time and gain valuable insights into their supply chain operations.
Optiflow uses the powerful mathematical solvers that help you solve most complex of supply chain models within minutes. With Optiflow you can build SKU level models and improve tactical decisions for your supply chain
Optiflow features a simple and intuitive interface that makes building models fast and easy. Our user-friendly design allows you to quickly create models and run scenarios, so you can focus on optimizing your supply chain.
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Optimize your supply chain with Optiflow’s powerful tools and features. Our user-friendly platform offers advanced optimization capabilities and what-if analysis for data-driven decision-making. Start unlocking your supply chain’s full potential today with Optiflow