Inventory Optimization

Our Inventory Optimization subscription includes SKU optimization, forecast optimization, lot size optimization, safety stock optimization, fill rate optimization, turn rate optimization, total inventory optimization, and deployment optimization. The subscription typically reduces inventory levels by 10% to 25% and increases fill rates by 1 to 5 points.


ANALYTICS

Inventory Optimization

·        RightSKUs™: SKU Optimization

·        RightCast™: Forecast Optimization

·        RightLots™: Lot Size Optimization

·        RightFill™: Fill Rate Optimization

·        RightPloy™: Inventory Deployment Optimization

·        RightStock™: Inventory Optimization

Inventory Scoreboard

The RightStock™ Scoreboard reports on-hand inventory in $s, days, units, cube, weight, and leadtimes by supplier, commodity, and ABC SKU stratification.

Inventory Patterns

·        Popularity, Volume, Cube, Weight, and Monetary SKU Pareto’s

·        On-hand inventory in $s, units, days, cube, weight, leadtime by Supplier, Commodity, and ABC

 

ASSESSMENTS

Inventory Practices Assessment

Comparison of current inventory practices with 200+ world-class practices in inventory data mining, inventory performance measurement, forecasting and demand planning, lot sizing, leadtime management, safety stock computation, inventory visibility, and inventory planning.

Inventory Performance Assessment

Comparison of current inventory financial and service performance with industry comparables.

Inventory Investment Assessment

Computation of justifiable levels of investment in workforce, forecasting, and inventory management automation.

 

ACADEMICS

Inventory Management Series

Ten course on-line education series covering world-class practices in inventory data mining, inventory performance measurement, forecasting and demand planning, lot sizing, leadtime management, safety stock computation, inventory visibility, and inventory planning.

Inventory Knowledge Base

Topical, searchable database featuring over 200+ topics covering best practices, metrics, fundamentals, trends, technology, formulas, charts, and help in inventory data mining, inventory performance measurement, forecasting and demand planning, lot sizing, leadtime management, safety stock computation, inventory visibility, and inventory planning.

Inventory Library

On-line books, articles, and help