Inventory Optimization
Reduce Inventory Levels and Improve Customer Service
What is Inventory Optimization?
SAP Integrated Business Planning (IBP), which is powered by SAP HANA, is a cloud-based next-generation planning solution that can help overcome key supply chain challenges and enable organizations ensure smooth and efficient supply chain and planning processes. The solution was designed to improve efficiency, accuracy, and speed as a result of getting, organizing, and analyzing significantly large amounts of data with ease.
SAP IBP consists of the following five modules
Inventory is a crucial module of SAP IBP. It enables organizations to manage the increased risks to supply chain, such as fluctuations in customer expectations, volatilities in demand, variabilities in supply, and uncertainties in the economy. In order to remain competitive, organizations need to have improved planning, analyzing, and collaboration tools in place to ensure the long-term growth and profitability of the company. Inventory optimization is the procedure by which you try to balance the costs of carrying excess inventory, with the costs associated with failing to meet the customer service level targets. With SAP’s IBP for HANA, it is possible to extend inventory optimization planning throughout the entire global organization. As a result, inventory optimization in different stages simultaneously and accounting for variability provide inventory targets that can meet and even exceed customer service levels, at the same time reducing working capital. SAP IBP allows for a system wide optimization of inventory, not just a particular set of finished goods in the warehouse.
Benefits
Maximize inventory efficiency by reducing working capital
Improved speed and agility to plan
Decreased production and distribution costs
Harmonized process and optimal collaboration
Address cross-functional and critical business decisions
Alignment and integration of planning and execution
Improved decision making throughout the entire supply chain
Intrigo Advantage
Re-engineering your supply chain with IBP requires intensive knowledge and expertise. Intrigo has the people, tools, processes and experience to take your project to completion with minimal disruption to your day-to-day operations.
SAP IBP launch partner
First partner to implement SAP IBP
Developed agile-based methodology for SAP IBP
Most customer references
Maximum number of IBP implementations
Investment in private cloud environments
Offshore delivery and support for IBP
Global partnership with SAP for development and testing
Deployed and shaped S&OP on HANA
What kind of work have we already done?
Re-engineering your supply chain with IBP requires intensive knowledge and expertise. Intrigo has the people, tools, processes and experience to take your project to completion with minimal disruption to your day-to-day operations.
Corning Environmental Technologies (CET)
Harmonizing demand supply to a digital future
Corning is a game changer in the new Glass Age. Headquartered in New York, Corning has been offering specialized services in the areas of advanced optics, display technologies, environmental technologies, life sciences, optical communications, pharmaceutical technologies. Learn how CET leveraged the SAP IBP IO module to create a centralized demand planning and supply planning process.
