Inventory Management System - IMS
Keeps inventory useful for production and shipment planning under control, limits stock margins, optimizes and organizes delivery planning and automates reorders with adequate quantities.
The software uses sophisticated Artificial Intelligence algorithms and Machine Learning techniques to predict short-term production or shipping consumption, calculating the correct level of inventory useful to satisfy the request.
The knowledge of the minimum reordering lots and delivery times of the various suppliers allows the module to automatically propose the optimal reorders to meet business needs, thus avoiding unnecessary stocks.
- Reduction of the minimum stock to cover the service
- Dynamic calculation of the optimum stock level powered by AI
- Reduction of management times
- Optimization of supply orders for delivery times and quantities
- Optimization of production planning through native integration with MRP software
- Reduction of out-of-stock situations
- Simple and intuitive inventory tracking
IMS features that improve your work
Through well-detailed layouts, it is possible to easily integrate with the company SW to retrieve all the information useful to calculate consumption forecasts: item/supplier master data, production/delivery order history, list of already planned productions/deliveries.
Inventory Optimization Algorithms
The Artificial Intelligence and Machine Learning algorithms already contain various configurations that allow the module to adapt to the specifics of the company. It is possible to further customize this module with the help of Onit skills on Business Intelligence.
Provides intuitive dashboards to monitor consumption and inventory forecasts, with clear identification of stock outages.
The system compares the sales/consumption forecast of the products and the stock, formulating a reorder proposal that takes into consideration the delivery times of the various suppliers and the minimum order lots, optimizing costs.