TrustRadius: an HG Insights company

What is Optimity?

Optimity's software supports Supply Chain Planning for companies across the globe. Their software is designed to model the entire supply chain and identify the best, most profitable plan.

Optimity’s collaborative platform brings together all stakeholders for collaborative planning, aiming to enable clear decision-making that considers all the constraints, challenges and complexity. It can be used to deal with the uncertainty and continuously refine and test the plan, right up to the moment of execution. Optimity ultimately provides control and accuracy so that the user's planning will become a driver for growth and competitive differentiation.

Various focus areas of Optimity software are:

Demand Planning
  • Expert Selection identifies the best forecasting algorithm
  • Product phase-in/out and supersession management
  • Machine Learning for external data processing
  • Advanced promotion planning
  • Detection of trends, shifting demand, and seasonality
  • Workflows for collaborative forecasting and approvals
  • Exception-based planning
  • User-configurable dashboards
  • Integration to S&OP
  • Slice-and-dice analysis of forecast data
  • Outlier, intermittent, and abnormal demand detection
  • Forecast adjustments at any level (top-down, bottom-up, middle-out)
  • Integration to existing systems and data sources
  • Forecast confidence bands calculation

Production Planning
  • Interactive Gantt chart with drag-and-drop scheduling
  • Multiple scheduling methods, incl. Forward Finite, TOC, and JIT
  • Configurable planning and performance dashboards
  • Real-time alerts
  • Flexible time horizons and planning levels
  • Instant re-scheduling
  • Sequence optimization to minimize changeover time
  • Dynamic pegging of all dependencies
  • Automatic order prioritization
  • What-if scenario analysis
  • Production workbench for manual adjustments

Distribution Planning
  • End-to-end distribution network optimization
  • Exception-based planning approach with real-time alerts
  • Forward visibility of all inventory positions and movements
  • Inventory re-allocation management
  • Automatic prioritization and allocation management
  • Substitution management
  • An integral part of the S&OP solution
  • What-if scenario analysis

Supply Planning
  • End-to-end supply planning and optimization
  • One solution for sourcing, purchasing, production, inventory, and distribution planning
  • Built-in Machine Learning capabilities
  • Purchase planning and optimization
  • Sourcing network optimization
  • Supplier risk analysis and management
  • Digital Twin including all business rules, costs, and constraints
  • Constraint-based production planning and scheduling
  • Safety stock and replenishment optimization
  • What-if scenario analysis
  • Automated demand prioritization, inventory allocation, and redistribution
  • Real-time alerts with drill-down to the problem root cause
  • Optimized inventory pre-build plans

Inventory Optimization
  • Dynamic safety stock optimization
  • Profit optimization based on total inventory cost
  • Cost of lost sales included in the optimization
  • Service level optimization
  • Replenishment quantity and frequency optimization
  • Time-phased safety stock based on seasonal variations
  • Cash constraints
  • Integration with existing systems
  • Dynamic alerts and exception handling with instant drill-down
  • What-if simulation and multiple supply scenario analysis

Sales & Operations Planning
  • One plan and one set of numbers for all S&OP stakeholders
  • Demand and supply planning in one profit optimization model
  • Integrated finite capacity production planning and scheduling
  • Machine learning support for Event and Promotion management
  • Collaborative forecasting automatically factors in trends and seasonality
  • Aggregate forecasts for strategic and network capacity plans and budgets
  • Integrates all stages of the S&OP cycle
  • Management by exception with real-time alerts
  • Value and volume planning across all planning horizons
  • Promotion feasibility and profitability analysis
  • Drill-down to the required level of detail
  • Personalized system views and dashboards
  • User access control at both functional and data level

Technical Details

Technical Details
Mobile ApplicationNo

FAQs

What is Optimity?
Optimity's software supports Supply Chain Planning for companies across the globe. Their software is designed to model the entire supply chain and identify the best, most profitable plan.