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Maximize Efficiencies for a Competitive Advantage

Ensure product availability while effectively balancing working capital through AI algorithms with inventory optimization software. Gain a competitive advantage by rightsizing your inventory, aligning your safety stock and stocking strategy, reducing days of inventory on hand, and ensuring effective supply risk management.

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Right-size your inventory and stay a step ahead

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See & understand the entire inventory picture

Analyze and optimize combined inventory management, production schedules, and distribution networks using advanced analytics. Eliminate redundancies, improve overall efficiency and fulfillment rates, and reduce carrying costs at every echelon.

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Stay agile & reduce safety stock

Simultaneously optimize inventory targets across all items, echelons, and locations to meet your global service level objectives. Gain a complete picture of cycle stock, safety stock, WIP, prebuild, and in-transit inventories through a unique combination of network design and inventory simulation.

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Optimize service levels, even during peak seasons

Model demand and determine the optimal service level mix to minimize fulfillment costs, maximize margins, or meet your inventory budget. Achieve that optimal service level mix – including for peak seasons – by considering multiple objectives such as meeting seasonal demand or achieving a specific revenue target.

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Improve margins with effective inventory strategies

Understand if inventory policies are feasible before you implement them through modeling and simulation. Gain valuable insights into your inventory strategy to improve resilience and adaptiveness. Benefit from simulation tools that provide detailed probabilistic metrics for on-time deliveries, stockouts, and capacity bottlenecks.

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Fine-tune inventory targets and run what-if scenarios

Empower decision-makers across your organization to understand how different scenarios can impact inventory levels. Democratize knowledge and insights so all team members can make data-driven decisions to meet customer demands while minimizing costs and risk.

FAQs

What is multi-echelon inventory optimization?

Multi-echelon inventory optimization is a strategic approach that considers inventory levels and replenishment decisions across multiple levels of a supply chain simultaneously. By optimizing inventory targets and replenishment policies holistically, supply chains can achieve improved service levels, reduced costs, and enhanced overall operational efficiency. It enables better coordination and synchronization of inventory across different echelons, leading to improved customer satisfaction and optimized working capital.

How will combining network optimization and inventory optimization make my supply chain more resilient?

Combining network optimization and inventory optimization in your supply chain allows for a comprehensive view of inventory levels, demand patterns, and network structure. This can lead to improved operational efficiency, reduced costs, and enhanced customer service. It facilitates better decision-making by considering inventory and network factors together, resulting in optimized inventory positioning, reduced stockouts, and improved supply chain performance overall.

What results can I expect from Coupa Inventory Optimization?

Coupa customers realize a 2-15% working capital improvement by reducing days of inventory on hand and ensuring effective supply risk management.

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Discover how Inventory Optimization can boost efficiency and resilience in your supply chain.