What challenges do you face when managing inventory?
An outdated approach
The manufacturer forecasts sales, and the system calculates the resources needed. However, the forecasts do not match the actual market needs, and forecast errors increase as they progress through the supply chain, deviations accumulate, and the "bullwhip effect" emerges.
High-demand products are produced in insufficient quantities
Such imbalance causes the company to lose sales and reduce customer loyalty.
Excesses or shortages in the assortment as a result of previous attempts to meet demand
Which, in turn, ties up working capital, and reduces asset turnover. Semifinished products and finished products are consistently understocked
Expired products result in losses
Non-moving goods are sold at discounts. Shipped but unsold products by distributors increase returns.
The lack of necessary information about the links between the supply chain and production
This leads to situations where capacities and inventory levels are insufficient to produce the required amount of goods.
Additional costs for moving goods between storage points
The need for warehouse space is growing, as is the cost of storing inventory and the cost of staff.
Solution for manufacturers and distributors
We take into account real demand and localize the negative relationship in the supply chain
Improvement in governance guaranteed
of inventory