ICRON Inventory is a cutting-edge solution that integrates decision intelligence into inventory management. Its unique feature of comprehensive visibility across the supply chain empowers companies to navigate supply chain disruptions and instabilities for sustainable success. The solution’s ability to offer single- and multi-echelon inventory optimization solutions ensures awareness of stock levels and interdependencies at every stage in the supply chain.
The unique features that set ICRON Inventory apart are:
- Presents accurate insights on stock levels and movement for better planning.
- Manages uncertainties arising from unreliable suppliers and unpredictable lead times.
- Empowers inventory policies and enhances efficiency by using realistic simulations.
- Offers high scalability with the capability to integrate with other tools and technologies.
Benefits
decrease in stock holding cost
reduction in out-of-stock
closer to optimal stock levels
increase in OTIF delivery performance
Enhance Efficiency in Inventory Management with ICRON Inventory
Multi-Echelon Inventory Optimization
- A performance evaluation of the existing inventory policies.
- Service level vs inventory capital analysis.
- Production and capacity constraint management.
Demand & Supply Uncertainty Management
- Accurate estimations of demand and supply lead time variability.
- Risk pooling effect to reduce variability by combining different demand streams.
Advanced Inventory Projection & Simulations
- Detailed inventory projection analysis for all SKU levels and locations.
- Realistic simulations for inventory policy validation and comparison.
- Accurate estimations of service levels (OTIF, fill rate, etc.) and inventory-based KPIs.