Demand Forecasting and Inventory Optimization

Demand Planning and Inventory Management with Optimiza will improve service levels and help reduce inventory. It calculates optimum inventory at item level. It also allows the user to model inventory against target service levels and decide how much to invest in stock.

“Best Fit” forecasting using historical data will determine the best possible projection of demand. Optimiza also monitors delivery performance of suppliers as part of the Supplier and Lead Time Management. The world-class modeling tool identifies and quantifies the causes of, and requirements for, inventory at each node within the supply chain, improve demand and supply forecasting and set appropriate stockholding targets.

Unlike ERP and other inventory-management systems, Optimiza is designed as a management tool, not a transaction-based system.

Based on inventory management data extracted from the ERP system, Optimiza recommends the optimal replenishment orders which can either be actioned in Optimiza or the client’s ERP system.

Optimiza’s extensive but uncomplicated daily, weekly and monthly Key Performance Indicators are designed to put management back in control of the inventory-management process.

It’s “Slice-and-Dice” capabilities and drill-down functions allow users to focus on those aspects which matters most to them.

Optimiza is widely regarded by its users as the most agile and effective inventory-management software available.