Optimize your Inventory to Increase Revenues, Margins and Efficiencies
Optimizing the quantity, location and replenishment strategies of your inventory can generate significant cost savings, improve capital efficiency, cash flow and increased profits. CatalystConnect Inventory Optimization is the tool you need to close the gap between supply and demand for increased cash flow.
Inventory Optimization leverages data from your existing ERP or transaction system to provide advanced functionality in the form of automated supply analysis, demand forecasting, inventory modeling, replenishment and distribution.
The system enables you to eliminate excess stock, reduce lost sales and minimize cost and time. Key capabilities include the following:
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Analyze supply routes and lead times for each site within the supply chain and plan accordingly. |
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Forecast demand using historical sales as a guide to identify future events and causal factors such as price changes, competitor activity, promotions, seasonality and weather to forecast future demand down to the SKU and site levels.
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Create highly accurate forecasts while taking into account even the most subtle influences.
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Profile and enhance the behavior of each SKU with inventory modeling. Categorize according to stocking strategies, classification, service level targets, criticality and other factors.
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Give greater priority and weight to key products that have the greatest influence on the performance of the business.
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Eliminate the variance between actual inventory and the profitable inventory levels defined in Inventory Modeling.
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Use dynamic order point based replenishment to lower safety stock levels without sacrificing service levels.
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Ensure that multiple branches and/or orders are distributed with minimal effort and at minimal cost.
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Collaborate within your own company and externally with suppliers and customers through an easy-to-use interface.
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