Multi-Echelon Supply Chain Inventory Optimization - Download Now!
Ingka Group acquires Locus! Built for the real world, backed for the long run. Read here>Read the full story>
Ingka Group acquires Locus! Built for the real world, backed for the long run. Read the full story
Whitepaper
Multi-Echelon SupplyChain Inventory Optimization – A mathematical perspective
Inventory management is one of the most crucial activities in supply chain management. A mathematical approach towards inventory management can go a long way in improving business performance. This whitepaper digs deep into the concept of Multiple Echelon Inventory Management and offers expert insights on how to manage safety stock levels efficiently.
Key Takeaways from the Whitepaper
Inventory optimization is a key strategy for an outstanding supply chain performance. How to achieve an optimal safety stock level throughout your supply chain and save company costs. Find out in this multi echelon inventory optimization whitepaper, curated by logistics experts at Locus.
Multi-Echelon Inventory Optimization: An Overview What is multi-echelon inventory optimization and how it helps businesses in maintaining the right levels of stock at all times.
Safety Stock: What is Safety Stock Level and how can you mathematically arrive at the desired safety stock level in your supply chain.
Service Levels: Calculating the service level for safety stock.
Multi-Echelon Inventory Analysis: How to manage inventories efficiently across multiple cities, geographies and for multiple warehouses with the help of multi-level inventory management
Key Insights on Supply Chain Inventory Optimization: Some material insights on efficient inventory management considered essential for decision making by our logistics consultants.
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How can Locus help manage your logistics?
- Locus’ proprietary geocoding engine converts the fuzziest of the addresses into precise geographical coordinates thereby helping your on-ground executives locate addresses easily.
- Digitize all your operational variables such as fleets, delivery persons etc. to come up with the best route plan every day.
- Track your orders in real-time with the Locus Live Dashboard. Locus’ all-mile delivery app Locus On The Road (LOTR) helps delivery partners process orders.
- Visualize and tweak your scheduled plans via three key metrics— geography, time, & vehicle (fleet)—with a birds-eye view of your entire operations.
- Build your own reports and analyze important parameters that you need to make key decisions.
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