Step 1: Descriptive
Our configurable UI display of real-time updated inventory levels for different sales units and multi-currency, and provides reporting about historical stock levels. It allows the observation of chronic problems such as over/under stock incidences.
Step 2: Diagnostic"Why Did It Happen?"
We diagnose root causes of incidents such as stock-out due to supplier/vendor performance and machine breakdown in the production facility, or excess stock due to competitors’ promotion activity resulting in lower demand than expected.
Step 3: Predictive
We evaluate what-if scenarios using different input metrics in order to give insights and Predictive alerts for potential excess stock or out-of-stock incidences taking into account customer orders and forecasts.
Step 4: Prescriptive"How Can We Make It Happen?"
We generate actionable recommendations regarding product segmentation and inventory targets to balance stock and costs while ensuring availability. Automated decisions can be made by taking advantage of these recommendations in replenishment planning, purchasing and production planning as part of this stage.