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Replenishment Planning
Optimize Replenishment with Translytics AI/ML-Driven Precision
Translytix Replenishment Planning Solution leverages advanced AI and machine learning to automate and optimize inventory replenishment, ensuring optimal stock levels while reducing excess inventory and minimizing stockouts.Key Features
AI-Driven Demand Forecasting
Leverage AI and machine learning algorithms predict future demand with high accuracy, ensuring optimal inventory levels and reducing the risk of stockouts or overstocking.
Automated Reorder Point Calculation
Automatically calculate and adjust reorder points based on real-time data and historical trends, allowing for timely and precise replenishment of inventory.
Supplier Lead Time Optimization
Optimize supplier lead times by integrating real-time data and predictive analytics, ensuring on-time delivery and reducing the need for emergency orders.
Multi-Echelon Inventory Management
Manage inventory across multiple locations and levels of the supply chain, optimizing stock levels at each echelon to improve overall supply chain efficiency.
Real-Time Stock Level Monitoring
Monitor inventory levels in real-time across all warehouses and distribution centers, enabling quick decision-making and immediate action to prevent stock discrepancies.
Dynamic Safety Stock Calculation
Dynamically calculate safety stock levels based on fluctuating demand and supply conditions, ensuring a buffer to protect against unforeseen disruptions.
Supplier Collaboration Portal
Enhance communication and collaboration with suppliers through an integrated portal that provides real-time updates on orders, shipments, and inventory status.
Intelligent Replenishment Alerts
Receive intelligent alerts for replenishment needs, prioritized by urgency and impact, enabling proactive management of inventory and preventing stockouts.
Key Highlights
Following a tailored approach to your business dynamics, our advanced Replenishment Planning System utilizes cutting-edge AI/ML algorithms to assess multiple replenishment strategies. This ensures the most efficient inventory management, surpassing standard industry benchmarks in maintaining optimal stock levels and reducing carrying costs.
e-Auto Stock Replenishment Tool (eSRT) is a tool created to calculate quantities to be replenished for the future. The tool considers future forecasts, current inventory (Stock On Hand), minimum stock level required, max stock level setting, open POs and lead time.
This report displays safety stock calculations for each material and plant combination, factoring in demand and lead time variations along with their averages. It also includes the minimum and maximum stock levels for each material and plant combination. DRR (Daily Run Rate) indicates the average daily consumption derived from the historical 6-month consumption (Average monthly consumption divided by 26).
The "PO to be Raised" report shows the total purchase orders to be raised for each material and plant combination per month. This report assists users in placing orders at the plant and material levels. It includes information on the last 6 months of consumption, open purchase orders, stock on hand, purchase requisition placements, and forecasts.
