Holistic Inventory Optimization
Challenges
Companies often face significant challenges in answering critical inventory questions, such as
Where to stock products?
When to stock?
How much to stock?
What products to be stocked?
How to rebalance stock?
These questions are difficult to address because they are influenced by a complex web of interconnected factors, including:
Where to source
When to source
Where to produce
When to produce
How much to produce (MPQ/MOQ)
Forecasted Demand
Seasonality
Demand Forecast Accuracy
Lead times
Lead time variabilities
Customer Service Level requirement
Production Lead time/Source Lead time
Goods in-transit/in-process
Sophus Solution
1. Product/SKU segmentation
Product/SKU demand analysis (based on product sales pattern, order frequency etc.)
2. Multi Echelon Inventory Optimization Model
Recommended inventory and replenishment quantities
Proposed inventory reallocation plans
1. Product/SKU segmentation
Product/SKU demand analysis (based on product sales pattern, order frequency etc.)
2. Multi Echelon Inventory Optimization Model
Recommended inventory and replenishment quantities
Proposed inventory reallocation plans
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