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To ensure that products are available when needed in stores without overstocking, companies must carefully plan the movement of goods from vendors through transportation providers and distribution centers to stores.
The i2 Solution: i2 Replenishment Planner
i2 Replenishment Planner can calculate optimal replenishment plans, taking into account constraints that exist in warehouses, logistic lead times, and supplier production capacities. Replenishment Planner can recognize different types of inventory and demand as well as manage inventory levels, lead times, ordering policies, and storage and handling requirements. It can then automatically “pull” goods into the supply chain, reducing overstock and out-of-stock conditions while increasing sales and lowering inventory.
Key capabilities of i2 Replenishment Planner can include:
- Analyzing sales data, calculating time-phased forecasts, and creating SKU-level plans
- Calculating dynamic safety stock levels for stores and associated distribution centers
- Providing visibility into the inventory commitment at any point in time
- Replenishing at both distribution center and store level
- Generating plans that reflect actual supply chain capabilities and capacity
- Accounting for seasonal and geographical variances in demand
Benefits of i2 Replenishment Planner can include:
- Reduced inventory
- Increased sales
- Reduced logistics costs
- Increased speed in the supply chain
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