The Digital economy has increased the speed of business and accessibility of data to put customers in command. Omni Channel Inventory Visibility and optimization are at core to drive success and keep up with the demanding customers in the supply chain. Smart inventory is a combination of being able to provide real time and accurate inventory view along with precise delivery dates as well as the ability to optimize the inventory across the network through intelligent Demand Forecasting and Predictive Replenishment strategies. In addition, the fulfilment strategy should be dynamic and smart to reduce the cost of operations (cost optimization) while adhering to faster delivery times to drive positive customer experience and brand loyalty (increased sales).
Inventory Visibility provides a single, consistent, scalable, real-time view of inventory and demand across data sources, including insights into global inventory ATP (Available To Promise) taking into account configurable supply-demand matching. The inventory system should be cable to handle multiple-brand inventory, wholesaler inventory, drop ship scenarios, international supply chains, channel based selling rules and allocation (intelligent safety factor) and other scenarios in a configurable fashion. It analyses and simulates orders and business scenarios to identify the best sourcing decisions to balance and improve capacity. Also, inventory visibility optimizes fulfilment execution, improves cost-to-serve and balances fulfilment operations with state-of-the-art machine learning capabilities.
On the other hand, inventory optimization is the continuous process of having the right inventory to meet your target SLAs for your end customers while tying up a minimum amount of capital in inventory/capacity. Our products account for both supply & demand volatility and associated capacity and helps our retailers to leverage AI for both demand forecasting and replenishment. Contact Us to learn more.
We have implemented unified view of inventory for large systems spanning 20+ distributions centers and 1000+ stores. The latest strategy in unified visibility of inventory centers around combining information from fast, distributed no-sql systems with traditional RDBMS system to provide the best view. We have experts with years of experience handling performance who can help you in building the right solution for your enterprise
An effective strategy requires a cohesive approach to item and catalog management, handling of pricing and promotions across multiple channels and more. We have the experience of handling these issues across multiple retailers. Leverage our expertise to dissipate the effects of years of siloed development of in-store and online systems.
We have corporate IT experience in dealing with the issues from both business and technology perspective. We have handled pricing and promotion across multiple channels, enabled visibility of retail only items online and more.