Multi-Tier Inventory Management
Real Time Visibility and Automation for Optimal Inventory Levels
The Real Time Value Network’s Inventory Management service offers planning and optimization services that allow you to operate with the minimal amount of inventory necessary to achieve your desired service level.
It captures multi-party variables such as lead times, manufacturing frequency, batch size, and ordering policies from across the supply chain, and using micro-simulations, complex algorithms, exception-based forecasts, and real-time downstream demand signals, suggests and even automatically adjusts inventories to their optimal levels.
You will gain real time inventory visibility across sites, hubs, suppliers, and in-transit. The result is reduced inventories, improved service levels, reduced stock outs, and improved revenues for all trading partners.
We knew we needed to find a way to deliver more value to our customers and trading partners while reducing inventory and operations costs. We’ve chosen One Network because of its unique and highly innovative technology.
- Global Director, Materials & Logistics, Dana
Multi-Tier Inventory Management at a Glance
- Plan and optimize inventory at the individual item level in real time
- Automatically propagates actual demand and supply conditions at all inventory locations across all tiers
- Real time visibility across all sites, hubs, suppliers, and in transit
Intelligent Demand Resources
Achieve 30-45% reduction in days of supply inventory and greater than 99% store in stocks. Intelligent Demand uses a single integrated forecast that is enhanced and updated daily based on consumer sales. Benefits include reduced inventory (cost and days of supply), increased on-shelf availability, increased sales, and lower transportation and labor costs.