Inventory is the proxy for information. The less reliable insight you have regarding demand and supply, the more inventory you need to compensate. To solve this challenge inside of SAP, GIB’s Inventory Optimization solution is the answer.
GIB delivers actionable insight, advanced algorithms, and full simulation capabilities to create inventory strategies that will deliver higher service levels and eliminate the need for excess inventory.
- Integration of requirement-specific key figures
- Material classifications according to ABC and XYZ analyses
- Integration of product lifecycles
- Simulation of MRP parameters
- Effective use of the range of coverage matrix
- Navigate safely through plant and material numbers
- Administration of material groupings
- Use of rule sets and decision trees
- Transparency regarding inventory drivers and risk materials
- Efficient, effective, and sustainable inventory optimization
- Evaluation of consequences and risks through simulation of MRP parameters
- Material requirements planning, logistics, supply chain management
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.
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.
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.
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.