Solution Accelerator
How to build: Safety stock
Increase sales by ensuring adequate inventory across the supply chain, while minimizing carrying costs
Create fine-grained and viable estimates of buffer stock for raw material, work-in-progress or finished goods inventory items that can be scaled across the supply chain. Free up working capital that would be tied up in inventory and reallocate to more productive uses.
Benefits and business value
Ensure buffer inventory
Rapidly run safety-stock analysis across all plants and distribution centers multiple times per day
Understand stock patterns over time
Efficiently store past forecasts to analyze over-repeated periods using machine learning
Free up working capital
Minimize excess inventory while maintaining service levels, to improve financial flexibility
Reference Architecture
Data used
T-log, POS, or shipment sales data. Inventory data, promotions, weather, and other causal data sets.
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