INVENTORY & ASSET OPTIMISATION
Maintaining optimal inventory levels is crucial for many businesses, but it’s not easy to achieve using traditional methods of demand management and mechanisms like ‘holding buffer stocks’. Maintaining high levels of inventory ties up cash and can lead to write-offs, whereas having a low level of inventory can lead to shortages and missed revenue opportunities. To balance both risks, many organisations maintain large and expensive inventories. This leads to inefficient use of capital and low returns on capital. However, optimising inventory levels can free-up cash and help businesses flourish. More cash-on-hand means that companies seize more opportunities and grow faster, this is a virtuous circle of success.
Achieving this level of success is more of a science (or Data Science) than an art. Peak helps organisations to optimise their inventory by first predicting and accurately modelling even the most complex of demand scenarios. Our models then also analyse your transaction data, replenishment and inventory policies.
The optimisation techniques developed by Peak prevent the “stock-outs”, provide accurate product listings, improve efficiencies, reduce inventory costs and minimise disruptions to your business. These techniques include statistical inventory analysis, constrained and unconstrained optimisation, time series analysis and forecasting.
HOW WE DELIVER RESULTS
We will present these results within an interactive dashboard via our platform that clients can use to test out various alternative courses of action. The analytic insights gained through using our inventory and asset optimisation solution will allow Peak’s customers to leverage their data and our technology to create a World Class inventory management system, maximising return on capital and revenues.
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