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Optiant's PowerChain Inventory is a strategic multi-echelon inventory management and optimization tool that enables manufacturers to determine optimal inventory strategies and policies across the extended supply chain in order to satisfy customer service requirements, time-to-market capabilities and product profitability.
Multi- echelon Inventory Optimization considers the following intuition:
- Maintain stock cost efficiently except when service requirements don't allow for this. This tends to push buffer stocks to locations just before major value is added - for example, before an expensive and low-yield distillation process.
- Pool inventory - This helps minimize risk across products, components, and customers. For example, variability of demand for a raw material is usually less severe than the variability of demand for the 25 end products and packaging options that the material feeds.
- Coordinate inventory policy across different items - When inventory is available at the same time, this helps reduce early stock.
PowerChain Inventory enables companies to design new supply chains or make improvements to existing supply chains and identify, quantify, and prioritize enhancement activities.
Key Benefits:
- Speed data-driven decisions through scenario and sensitivity analysis
- Uncover non-intuitive results
- Comprehensively quantify all supply chain costs
Supply Chain Scenario Analysis:
Supply chain managers can quickly and easily evaluate the cost and performance of alternate supply chain structures and sourcing options to make the right decisions.
Supply Chain Sensitivity Analysis:
Supply chain managers can fully understand the impact changes to one or more parameters of the supply chain structure will have on key financial and supply chain metrics.
What is the impact to total supply chain cost, including both product cost and inventory cost, when varying the delivery lead-time of key raw materials? This analysis provides supply chain managers with the information needed to negotiate delivery commitments from the material suppliers because they now know the value of each day of lead-time.
Optiant's customers use PowerCahin Inventory to make faster, data-driven decisions around these types of strategies and decisions:
- Postponement (e.g. late stage differentiation) and risk pooling strategies
- Supply chain design for new product introductions
- Strategic sourcing questions such as make versus buy, overseas outsourcing, and vendor negotiations
- Policy improvements
- Optimal mix of raw material and finished goods inventory
- Quantifiable impact of new strategies and initiatives
Optiant's PowerChain Inventory enables supply chain managers to accurately represent their end-to-end supply chain, enabling better communication and consensus building among all stakeholders in an organization.
Key Benefits:
- Visual supply chain representation
- Rich modeling environment
- Web-based user interface
PowerChain Inventory provides multi-metric, multi-model measurement, reporting, and analysis. Executive dashboards enable supply chain executives to make faster, data-driven decisions.
Key Benefits:
- Makes critical decisions based on real data reflecting your business
- Provides all stakeholders with relevant, customized information
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