Optimized Inventory

Optimized Inventory is a software application developed by Optimized Supply Chain Solutions. It is designed to provide strategic insight and analysis for inventory management in manufacturing businesses. The application works alongside existing ERP systems to optimize inventory performance, reduce working capital, and improve product availability. It caters to manufacturing businesses of all sizes, from small enterprises to large corporations. The target audience includes inventory managers, supply chain managers, operations managers, procurement managers, and professionals in the manufacturing industry.

Key Features

ABC / XYZ Segmentation: Classify inventory based on uncertainty to identify at-risk products. Utilize ABC XYZ analysis to optimize inventory. Helps focus time and energy on high-revenue and high-inventory SKUs.

Triple Play Analysis: Review 52 weeks of SKU level Consumption, Receipts, and On Hand Inventory. Provides a comprehensive view of SKU performance. Assists in making data-driven decisions for inventory management.

ABC Value Chart: Analyze SKUs based on their contribution to revenues and inventory levels. Focus on SKUs that represent the largest revenues and inventory for the company. Helps prioritize inventory management efforts.

Inventory Modeling: Utilize three different mathematical models to determine optimal inventory levels. Compare current inventory levels with the optimum level. Aids in reducing excess inventory and improving working capital.

Inventory Cover: Understand the speed at which inventory is turning over. Key performance indicator for managing cash flow. Helps optimize working capital and identify potential issues.

Inventory Age: Identify slow-moving inventory. Calculate additional costs associated with storing and maintaining such products. Assists in making decisions regarding slow-moving inventory.

Cloud Based Technology: Rapid implementation with cloud technology. Identify opportunities for working capital reduction and service level improvements quickly. Offers flexibility and scalability.

Intuitive Interface: Uncomplicated and intuitive reports. Eliminates the need for complex MS Excel spreadsheets. Provides insightful information for better decision-making.

No Expensive Integration Costs: Works standalone without the need for costly integration. No additional expenses for application programming interfaces (APIs). Easy implementation and cost-effective solution.