Inventory Planning and Optimization

Accommodating all contributing parameters in the inventory planning is the key to minimize inventory holding cost and transportation cost.Ultimately effective inventory planning reduces the safety stock and pipeline inventory and reduces the impact of understocking and overstocking.

Key issues

How much to order and when to order
1
How much to order and when to order
What should be the frequency of ordering
2
What should be the frequency of ordering
inventory holding cost
3
What is the trade off between transportation cost and inventory holding cost
What to stock and how much to stock
4
What to stock and how much to stock
What should be the order upto level
5
What should be the order upto level
What should be my reorder point
6
What should be my reorder point

CronJ fits in the best inventory planning tool which has the following capabilities:

Inventory Investment Optimization

Inventory Investment Optimization.

P type Q Type inventory management system

P type Q Type inventory management system and its impact analysis on supply chain

Safety stock optimization

Safety stock optimization

Working capital level balancing

Working capital level balancing

Load Planning/optimization

Customer Service Level optimization

Single and  Multi-echelon supply chain inventory planning

Single and Multi-echelon supply chain inventory planning

Inventory pooling

Inventory pooling

Postponement strategies

Postponement strategies