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Overview

The Smart Replenishment Plan is an advanced supply chain optimization software designed to help businesses manage their replenishment process efficiently across distribution centers (DCs) and stores. Powered by an advanced optimization engine, the software produces two primary outputs: a Purchase Plan and a Stock Transfer Plan. These outputs enable you to make intelligent, data-driven decisions on how to replenish inventory at each DC and store, ensuring a balance between maximizing customer service levels and minimizing total costs.

Key Features

  • Multiple Period Planning
    The Smart Replenishment Plan supports planning over multiple time periods, allowing you to work with days, weeks, or months according to your business requirements. This flexibility helps you adjust to different demand patterns and inventory cycles.

  • Multiple Transportation Modes
    The software can evaluate various transportation modes, such as road, rail, air, or sea, and selects the most cost-effective and efficient option for transferring inventory. This ensures that the chosen mode aligns with the urgency, distance, and cost constraints of each replenishment activity.

  • Multiple Suppliers Per Product
    For each product, you can have multiple suppliers available. The Smart Replenishment Plan's optimization engine assesses supplier performance, costs, and delivery times to make intelligent decisions on which supplier to source from, ensuring a balance between quality, cost, and lead times.

  • Prioritized Optimization Objectives
    The software is designed to follow a prioritized optimization strategy to achieve the best possible outcome:

  • First, it ensures customer demand is met, maintaining a high service level.
  • Second, it aims to meet inventory targets across all locations to maintain adequate stock levels.
  • Finally, it focuses on lowering the total supply chain cost by selecting the optimal purchase and transfer decisions.

By combining these features, the Smart Replenishment Plan offers a comprehensive, end-to-end solution for replenishing inventory in a way that is both intelligent and cost-effective.

The software is ideal for businesses looking to optimize their supply chain processes, reduce costs, and improve overall operational efficiency. With the ability to handle complex planning scenarios, it is suitable for various industries and can adapt to different supply chain structures and requirements.

Proceed to the next sections to learn how to set up and operate the Smart Replenishment Plan effectively.