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Supply Planning
Supply Planning
Transform Supply Planning with Translytics AI/ML-Driven Optimization
Translytix Supply Planning Solution orchestrates the production schedules, considering inventory levels and backorders to synchronize with demand forecasts, minimizing costs and maximizing service levels
Challenges in capacity planning, supply planning, placing PRs, and approval processes. Automation of procurement approvals, and leveraging advanced analytics for optimized workflows and resource allocation.
The integration of allocation, planning visibility, manual override capabilities, and an integrated exception-handling supply planning system, enabling proactive response to disruptions and ensuring continuity of operations.
Key Features
Forecast-Based Planning of Finished Goods
Utilize demand forecasts generated by TranslytiX engine to plan PR schedules and inventory levels for finished goods, ensuring alignment with anticipated demand.
Periodic PR Placements for Materials Based on Urgency
Implement a systematic approach for placing purchase requisitions (PRs) for materials, prioritizing based on urgency and demand forecasts to maintain optimal inventory levels.
Multilevel Inventory Netoffs
Perform multilevel inventory netoffs across warehouses and plants to optimize inventory distribution, minimize carrying costs, and ensure efficient utilization of resources.
Optimized Inventory Levels to Avoid Stockout and Excess Inventory
Determine and maintain optimal inventory levels for each item to prevent stockouts while minimizing excess inventory, leveraging demand forecasts and historical data for accurate planning.
Standardized Data via Data Lake
Integrate comprehensive and standardized data from the user Data Lake into the supply planning process, including demand forecasts generated by the TranslytiX engine, to ensure consistency and accuracy in decision-making.
Approval Process for Planning
Implement an approval process for supply planning to ensure alignment with organizational goals, and resource availability, enhancing transparency and accountability.
Key Highlights
Following a systematic approach tailored to Your Business Nature, our Advanced System analyzes Multiple Techniques to Identify the Optimal Method for Achieving the Best Forecasting Accuracy, Outperforming Current Standard Levels
The inventory data and pending order data is netted off the forecast that is generated at Warehouse level
The next level of netting off is done at the BU level for inventory, to get the Supply
