We reduce inventory by up to 20%
At SupChains we create customized inventory models for manufacturers, distributors, and retailers. Our models are data-driven and rely on scalable simulations. We don’t trust equations anymore.
Client Pains
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Poor inventory
Too much stock of the wrong products, and not enough of the right ones. Recognize this? Excess inventory ties up cash, increases storage costs, and risks obsolescence. Stockouts, on the other hand, lead to missed sales, unhappy customers and lost market opportunities.
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Confusion
Inventory optimization isn’t simple. Unfortunately, most software vendors and consultants are confused on how to set up inventory policies, compute required safety stocks, and how this relates to forecasting.
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Manual work
When inventory planners can’t rely on their planning tool, they have to manually review all supply & purchasing orders. This results in a labor-intensive process where knowledge is scattered, inconsistent and dependent on individual expertise. Such a process cannot be scaled.
How is SupChains’ Inventory Model Different?
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Smarter Models
At SupChains, we take pride in creating advanced – yet simple – models that we carefully test through simulations. After years of practical and academic work on inventory optimization, we don’t believe that inventory can be optimized by mathematicla formulas anymore.
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Transparent Models
and CodeWith our solution, you get access to the source code of the model. This makes maintenance easy, and ensures the model can grow with your changing business requirements.
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Robust, Fast, Simple
We build our models to last. They process and clean your data, delivering clear inconsistency reports while running dozens of checks before and after generating inventory targets.
Test it yourself with our simulator
Impact
We reduce inventory while keeping service level constant
- – Cash saved because of inventory reduction in m$
- – Savings thanks to inventory reduction in m$/year
- – Savings thanks to obsolete reduction in m$/year
- – Total savings in m$/year
- in m$/year
Why they trust us
Nicolas makes sure he understands well the business context, so any solution is properly applied when it makes sense. He focuses on what can make the difference, not wasting time on buzzwords that do not bring any relevant improvement. This has been my experience working with him, where he delivered both a tailored inventory optimization model and a machine-learning-based forecasting model for Bridgestone Europe, which resulted in considerable improvements from our previous projects.
Jon San Andres – Director Center of Excellence Supply Chain Planning, Bridgestone
Thanks to SupChains and RitterDragon, Marzam could implement a new demand and inventory planning process. In 19 weeks, we reduced inventory turns by 26% and shortages by 65% while increasing our sales.
Hector Doporto – VP Supply Chain Planning, Marzam
Nicolas helped us improve our demand planning and inventory processes. He pedagogically helped us understand the fundamentals of effective demand and inventory planning and simplified these processes. We look forward to continuing our efforts to enhance our inventory strategy and forecast accuracy. We appreciate the good collaboration, fast responses, and Nicolas’ expertise.
Christine Sabata – Supply Chain Manager, Camurus
Learn more about inventory optimization
Read our book
Watch our video