Concurrent planning of inventory, fulfillment & transportation
Home Depot – Major Home Retailer
Home Depot optimized Total Cost to Serve with explicit trade-offs among inventory, transportation and store operations
Transportation is a critical supply chain function and a significant cost component for Retailers and CPG companies. With Solvoyo’s comprehensive planning platform, you will be able to take transportation beyond the narrow operational perspective and link it to your fulfillment and inbound planning functions, transportation purchasing and network strategy decisions.
In today’s competitive business world with rapidly changing dynamics, the transportation planning process has to be a part of a broader end-to-end planning and execution support vision, working in lock-step with production, supply, and fulfillment functions.
With Solvoyo’s comprehensive supply chain planning platform, you will be able to take transportation beyond the narrow operational perspective and link it to your fulfillment and inbound planning functions, transportation purchasing, and network strategy decisions.
"Solvoyo has provided Vestel with both the tools and the guidance to realize our ambitious process improvement goals. Solvoyo has been an ideal partner, worked with us hand-in-hand through each of the increments, and helped us maximize our return-on-investment."
Inventory & transportation cost savings
Savings in transportation cost
In addition to exchanging data with your ERP and TMS systems, the Solvoyo platform allows you to manage the master data, the planning parameters, and the business rules in one central place, ensuring consistency within transportation plans and across all related supply chain functions
The acceptance rate of Solvoyo’s transportation plans is already extremely high. If you ever need to touch the plan, you can do it easily and efficiently using our world-leading UX and the alerts that provide you the laser-sharp focus on what to change and what the consequences might be to the overall plan.
Solvoyo Platform allows you to model and select -on-demand or based on business rules- multiple and sometimes conflicting objectives to plan your transportation, including the following sample from our clients:
Minimize Total Transportation Cost, Minimize Inbound Delay when concurrently planned with MRP, etc.
Maximize Overall Service measure such as due-date compliance, Maximize OTIF when concurrently planned with Fulfillment, Maximize Margin when concurrently planned with FulfillmentThe ability to plan with multiple objectives and change their order dynamically increases plan acceptance rates and creates a significantly higher value.
You know you have effective transportation planning functions when you can track your cost and service KPIs over time, correct them for seasonality of shipments, changes in tariff structures, changes in customer base (ship-to locations), etc. Solvoyo platform comes with several built-in performance tracking and review functions that are refined over years of usage across many industries. If you want your own KPIs or additional ones, then the platform provides a rich set of configurable UI components that enable us to add them in a matter of days.
Digital transformation is not ordering your favorite dish at a fancy restaurant. It is more like going to the gym: you have to sweat and work hard to get in shape. That is exactly why we closely monitor your usage of our platform. We provide updates on who used which functions for how long, along with a log of the users’ edits for the sole purpose of exploring -together- new ways to improve the platform’s effectiveness and efficiency.