Control and optimize inventory
The GIB Suite Inventory is a powerful solution designed to maximize material availability and minimize inventory investment. Achieving the optimum balance of service and cost requires attention to detail and computational rigor that are simply too much burden for manual effort. GIB delivers the process automation and intelligence that is lacking in standard SAP inventory management.
Visualize, segment, simulate and optimize your inventory strategies, safety stocks, order quantities and lead times with GIB, the only certified SAP add-in for inventory optimization.
Essential module content
Features
- Two dimensional segmentation based on volume and constancy
- Establish multiple service level classes across materials
- Compute variable safety stock levels based on targets & demand variation
- Operational reporting to easily identify excess inventory & shortages
- Simulate potential parameter changes at a group or material level
- Easily create custom groups of materials for exceptions based management
- Automatic re-calculation of replenishment targets monthly or weekly
Benefits
- Higher service
- Less inventory investment
- Process automation, only focus on the exceptions
- Real time visibility into inventory coverage
- Reduce the risk of parameter changes through simulation
- Include projected inventory coverage into the Sales, Inventory & Operations Planning process
Target group
- Inventory managers
- S&OP Process owners
- Supply chain managers
- Buyers
- Finance
Differentiating features of GIB Suite Inventory
Range of Coverage
GIB gives you the visibility to understand the balance of inventory investment based on days of supply compared to lead time. From one, interactive matrix, supply chain managers can quickly visualize excess and potential outages. Since the data is live in SAP, real-time drill down is available to quickly identify the problem materials and take action.
Replenishment Strategies by Service Class
Since every problem is not a nail, inventory mangers need more that a hammer to optimize. With logical service classes established, distinct replenishment targets and strategies can be applied to each service class. GIB gives you the flexibility to create nine, tailored replenishment strategies with the intelligence to automatically assign materials to the appropriate segment.
Two Dimensional Material Segmentation
By segmenting materials based on volume and demand constancy, materials groups are created with shared attributes relevant for inventory planning. Establishing two dimensional segmentation if the first step to automated, intelligent inventory optimization.
Simulation
Market conditions are dynamic, and new objectives from executive leadership can come at any time. When inventory levels and coverage profiles need to change, GIB provides a broad scope of simulation capabilities to understand the impact of potential changes to shed light on the risk return equation.
