Inventory Optimisation is the business process that maintains just enough inventories, in exactly the right places, to satisfy demand at planned service levels.
A key process in any business that handles stocks, Inventory Optimisation attempts to balance forecast demand and customer service levels with a variety of constraints, like carrying costs and replenishment time. This apparently simple task actually verges on the impossible. For every discrete stock item, the Inventory Manager must juggle several planning parameters in the ERP system. Multiply this by thousands, often hundreds of thousands, of stock items, and you begin to get the idea.
The situation is exacerbated by the acts of other managers all trying to do their own jobs better: changing c priorities, cost reduction targets, and accounting constraints. Murphy’s Law intervenes too, with things as diverse as late deliveries, quality problems, bad weather and bank interest fluctuations all affecting supply or demand.
K-curve, the theory behind it all
amis-delta is a new Inventory Optimisation tool that makes the process manageable. Similar to tools found in tier-1 ERP packages, amis-delta delivers the very latest technology at a fraction of the cost. Moreover, it is designed to suit the Leanest businesses, with easy-to-use screens designed to save Inventory Planner time.
Delivered as part of a consultancy / software solution package, amis-delta:
Reduces inventory: calculates optimum inventory parameter settings
Improves service levels: reduces the risk of stock-outs
Has rapid ROI: delivers invetory savings from the first time you run it
Saves time: it is a controllable, automated optimisation process
Is planner-friendly: focuses attention on the biggest savings first
Will be implemented quickly: easy, full integration with your ERP system
Works for all: works with any ERP system
Is easy to use: has a modern, interactive Windows user interface
Is a catalyst for on-going improvement: managers in other departments realise the effect they can have on inventory performance