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As companies are sourcing more items from offshore locations, with attendant lead times extending into weeks or even months, it is critical to have a realistic long term view to ensure inventory levels can be maintained at optimum levels at all times.
Supply Chain Consulting’s Viewlocity Inventory Projection (VIP) provides customers with visibility into future inventory levels and allows businesses to take corrective action when future balances will fall above or below pre-determined limits.
VIP provides a central repository to collect relevant information and a robust visibility and alerting capability empowering businesses with the tools to alert them of disruptions and allows them to assess the downstream impact. VIP works in conjunction with the Inventory Aggregation feature, which allows customers to summarise inventory information at any desired level, then drill down to individual locations.
Features
Inventory Projection Display
At the touch of a button, businesses are able view a graphical long term view of their supply chain; including available inventory balance, replenishment orders, manufacturing orders, inbound and outbound shipments and demand.
Demand Types
With the ability to compare existing orders with the Inventory Projection display the user is able to switch between different types of product demand. This delivers a powerful and flexible tool to ensure the business can always meets its inventory demands.
Aggregated Inventory Balances
With the ability to aggregate inventory information into groups, businesses can view summaries levels relevant to their business such as regional, national or global.
Projected Inventory Alerts
There are three projected alerts available through the VIP to ensure inventory levels are kept at optimum levels including low stock (below minimum level), excess stock (exceeds maximum level), and out of stock.
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