Inventory / Materials Management
I’m in… Inventory and Materials Management
Reduce inventory across tiers, see demand in real time, and minimize stock outs
Effective inventory planning is really about managing volatility, and in today’s marketplace, supply and demand conditions can change in an instant. Connect your organization to the Real Time Value Network™ and suddenly volatility becomes a competitive advantage because you will react more quickly than your competitors. The Real Time Value Network easily connects and coordinates all internal and external parties in your supply chain.
Inventory planning in the Real Time Value Network means computing optimal safety stock levels across thousands or millions of individual SKU/location combinations —and letting demand signals automatically adjust the levels for each SKU in real time, on a daily or even sub-daily basis. This is a revolutionary approach that simply isn’t feasible outside of the Real Time Value Network, and it has allowed our customers to reduce inventory levels near their theoretical limits while maintaining award-winning service levels. Inventory planning in the Real Time Value Network means being lean and responsive.
Connect your organization to the Real Time Value Network and experience these potential benefits:
- Substantial reductions in inventory across multiple tiers
- Maintain high service levels
- Lower operational cost
- Offer significant improvements in sustainability
- Significant reductions in system maintenance
- Automatic, real time planning based on actual supply and demand conditions
Some CPG clients are using the RTVN to deliver 99%+ “in store, in stock” service levels with less than 25 days of total finished goods inventory (including plants, warehouses, and retailer’s warehouses).