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Optimal Safety Stock
Add stock only when it adds value! Retailers and Wholesalers
often protect themselves and their customers from out-of-stocks
by buying more inventory. Out-of-stocks can be result of forecast
errors, lead-time errors, planning mistakes, last minute changes
and many other factors. Nevertheless buying more inventory
is costly and very often unnecessary. Retalon's Safety
Stock system calculates the necessary safety stock quantity
individually for each product, based on multiple product attributes,
company policies and business rules. The proper analytic approach
to safety stock dramatically reduces inventory cost while
keeping the desired customer service level and high profits.
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Shipment Manager: Optimal Shipment
Generator
Managing supply chain requires an integration of many functions.
Determining optimal shipment quantities is one of the crucial
links in maximizing the efficiency of the supply chain. Accurate
future demand calculations is an important first step, which
needs to be balanced with company policies, capacities and
business rules in order to determine optimal shipment quantities
and the correct timing of shipments. The resulting optimal
shipment quantities and schedules allows for a quick reaction
to shifts in demand, including the last minute changes in
Order Quantities. - LEARN
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Shipment To Demand (S2D) Converter
Many forecast engines forecast demand based on retail point-of-sale
data. Very few do it for the wholesalers, based on shipments.
Retalon's S2D - Shipment To Demand converter is a unique
tool that converts historic shipment data to actual consumer
demand. Subsequently, these results are made available to
Retalon Fortune, which forecasts future demand
with a high degree of accuracy.
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