Creating a good inventory strategy is important, but the key to long term success is to maintain it over time. A good solution must be fully operationalized, a proven sustainable process, and self-adaptive to change.
An important part of this SCN Partner’s solution is its highly automated time-phased replenishment engine that monitors and controls the inventory optimization and replenishment process. Unique time-phased “demand tunnels” propagate the demand signal variability in a synchronized manner through multiple tiers in the supply network. This highly scalable solution addresses capacity constraints and dynamically replenishes optimal inventory at each nodes to guarantee service level in a multi-echelon network. Adding the rough cut capacity function allows the optimal mix to be pre-built prior to seasonal demand.
These combined capabilities help companies sense the demand signal, understand the statistical nature of it, and propagate it across the supply chain. A precise and highly reliable model of the inventory at each node in the network and the statistical flows helps understand and reduce the hysteresis in the supply chain.
Unique time-phased â€œdemand tunnelsâ€ propagate the demand signal variability in a synchronized manner through multiple tiers in the supply network.
To learn more about how your firm can implement responsive replenishment, just ASK and we’ll be happy to help you start down the road to ensuring your products are in-stock and agreed customer service levels are always maintained.