Elevate Your Inventory Management
with
WebSCM Inventory Optimizer
Solution for intelligent replenishment management in wholesale, retail or manufacturing
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Why Inventory Optimizer?
WebSCM’s Inventory Optimizer
(IO) is your solution to minimizing carrying
costs, avoiding stockouts, and ensuring just-in-time
inventory across your entire supply chain. With advanced
AI and machine learning capabilities, IO
transforms your inventory management from a challenge into a competitive
advantage.
Optimize Replenishment Efficiency
Based on forecasted and confirmed product and material
needs, the WebSCM Inventory Optimizer generates requirements for procurement, transfers,
or production. Our optimizer calculates target inventory levels and optimal
replenishment dates, considering supply chain parameters such as lead times,
replenishment routes, and various logistical regulations and constraints.
Determining Optimal Inventory Levels
Our AI-driven engine calculates ideal inventory levels based on historical sales data, forecast accuracy, and supply chain reliability. Inventory target levels dynamically adjust for each product and its storage location, ensuring you always maintain the right amount of stock where it’s needed most.
Inventory Levels and Zones
WebSCM IO calculates boundaries that create four distinct zones:
Critical
Zone: If the forecasted inventory level on a specific date
falls into this zone, there is a risk of stockouts.
Replenishment Zone: Inventory in this zone indicates
that replenishment is necessary.
Optimal
Zone: This zone represents the optimal inventory
level.
Excess
Inventory Zone: Inventory in this zone exceeds planned
needs and safety stock, making it inefficient from a logistical
standpoint.
Optimization for Long Lead Times
If your supplier’s or manufacturer's
lead time exceeds several months and demand is unpredictable, WebSCM uses
advanced algorithms to schedule more frequent deliveries, reducing the risks of
stockouts or excess inventory.
Sales and Operations Planning (S&OP)
Enhance your inventory planning with
WebSCM’s Inventory Optimizer, a key part of your Sales and Operations
Planning (S&OP) process. Our platform
supports both mid and long-term planning horizons, allowing you to
forecast stock levels, procurement
needs, manufacturing requirements and
all related operations. Unlike other systems, WebSCM enables you to plan not
just the next order but all required cycles over any planning
horizon with any periodicity. This comprehensive
approach ensures you maintain optimal inventory levels, streamline procurement
processes, and effectively manage your entire supply chain.
Get More WebSCM Inventory Optimizer Benefits:
Forecasting stock levels
planning over any horizons, using any rules and constraints, any configuration of supply chain and distribution channels.
Optimal Inventory Levels
AI-driven calculations to determine the ideal inventory levels based on
historical sales data, forecast accuracy, and logistics reliability.
Multi-Echelon Planning
Sophisticated planning algorithms to optimize the replenishment across
various warehouse locations, enhancing your supply chain network (coming
soon).
Short Shelf Life Management
Specialized forecasting for perishable goods, reducing waste and maximizing
profitability (coming soon).
Optimal replenishment
determining the ideal times and batches for placing orders based on your strategies, plans, actual orders and demand.
Purchase Planning Optimization
Aligns procurement with inventory needs, ensuring cost-effective purchasing
decisions.
Delivery and Movement Optimization
Streamlines logistics to reduce delivery times and costs, improving overall
supply chain efficiency (coming soon).
Manufacturing Requirements Planning
Seamlessly integrates with production schedules, aligning manufacturing
output with inventory demand.
How It Works
The Inventory Optimizer seamlessly integrates into your
supply chain, utilizing advanced AI
algorithms to enhance logistics operations and maintain optimal inventory
levels.
By analyzing vast amounts of data, it provides actionable insights and
automatically
generates replenishment orders and plans. Through a user-friendly
dashboard, you
can visualize current inventory, forecast demand, and monitor automated orders, making
real-time
adjustments as needed. Our system continuously learns from your data, refining
recommendations to ensure your inventory strategy evolves with your business
needs.
1. Data Loading and Verification
WebSCM
simplifies data integration by
automatically connecting to external systems. It
aggregates and stores all necessary data within the
internal DataHub storage.
During
this process, WebSCM performs essential validations and
data transformations to
ensure
accuracy and consistency.
2. Demand Forecasting
The WebSCM Demand Forecast module uses artificial intelligence to analyze various factors, including historical data, seasonal fluctuations, customer behavior, and external market conditions. Based on this analysis, the system generates accurate forecasts and calculates the impact of these factors on predicted sales.
3. Sales Planning and Adjustments
You can analyze
the forecasts and adjust
your sales plans to meet your goals. The
necessary decomposition will be done
automatically.
4. Inventory Optimization and Replenishment Planning
WebSCM’s
intelligent algorithms
autonomously calculate the optimal replenishment timings
and quantities. It generates comprehensive plans or
orders for internal
transfers,
procurement, or production activities, considering both
forecasted demand and
actual
sales data.
5. Analyzing and Confirming Orders
This step
involves reviewing and
confirming the purchase and movement orders
generated by WebSCM. Users can
analyze order details, make
necessary adjustments, and approve them for execution.
This ensures that all
orders meet the required specifications, agreed with
suppliers and are ready
for fulfillment.
6. Uploading Orders to External Systems
Finally,
confirmed orders are uploaded
to external systems, such as your ERP or other
operational systems. This step
ensures that all stakeholders have access to the latest
order information and
can proceed with fulfillment. WebSCM supports various
data formats to facilitate
this process.
Optimize Your Inventory with Seamless Integration
Datahub
Integrate and Synchronize Data in Real-Time
Utilize our Datahub to collect and synchronize data from various sources in
real-time. This provides the essential data foundation needed for accurate
inventory optimization.
Demand Forecasting
Enhance Forecast Accuracy and
Decision-Making
Incorporate Demand Forecasting to
improve forecasting precision and analytical capabilities. This integration with
Inventory Optimizer enhances decision-making and operational efficiency.
Manufacturing Planner
Optimize Production with
Comprehensive Analytics
Combine Inventory Optimizer with Manufacturing Planner to fine-tune production schedules based on accurate and extensive data analytics, ensuring seamless operations and maximized productivity.
Business Intelligence
Maximize Efficiency and
Reduce Costs
Leverage Business Intelligence to
enhance your inventory management strategies. BI tools integrated with Inventory
Optimizer help maintain optimal stock levels, reducing costs and improving
overall efficiency.
Compare features of Web-SCM packages
Ready to Optimize Your Inventory?
Everything you need to eliminate overstocks and shortages
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