Inventory planning
The right stock in the right place at the right time? Inventory reduction with a simultaneous increase in delivery reliability is not a conflict of objectives, but the goal of coordinated inventory planning.
Particularly in complex supply chains, coordinated inventory planning is the core instrument for ensuring high delivery capability through short-term availability of end products on the one hand, while keeping inventory values to a minimum on the other.
Many influencing factors in inventory optimization are related to the hedging of uncertainties. For example, fluctuations in demand caused by short-term increases in customer requirements, imprecise delivery date commitments by suppliers, fluctuating transport times for internal stock transfers, and many others. As a prerequisite for the introduction of system-optimized inventory planning, such uncertainties that cannot be reduced must therefore also be identified and evaluated in planning terms. As a result of inventory planning, inventory recommendations are determined for the entire logistics chain and integrated into the demand planning process.
Take advantage of the benefits of inventory planning
- The right material in the right place at the right time
- Inventory reduction with simultaneous increase of your delivery reliability
- Overarching transparency across your entire supply chain network
Functionalities of the inventory planning
- With the help of MRP (Material Requirement Planning), which is integrated in SAP, you can carry out requirements planning on schedule
- The provision of materials for production or distribution should be ensured
- All of your company's documents are included in the planning process
- Customer orders
- Production orders
- Requirements from production orders, etc.
- Your needs are covered or proposals are generated taking into account the individual production times
- By using internal company documents, for example from production or sales, your correct requirement quantity is determined
- In the case of multi-level production, the requirements are passed on to all MRP levels, so that requirements that are not immediately apparent are also shown
- This provides you with an improved overview and situation-based demand monitoring
- All portfolio-relevant movements are taken into account:
- Production additions
- Deliveries to customers
- Inventory, etc.
- By using the DDMRP you can access the latest technology in material planning
- Cyclical production planning and equalization of your supply chain reduce the bullwhip effect
- Creation of a feasible production (time) plan that is optimized for you by applying cyclical, conversion-oriented and demand-oriented planning principles
- Use variability management or production stabilization with reliable demand and supply ages
- Priority setting or consideration of priority rules in your planning
We support you with our know-how in the development of a coordinated inventory planning and thus guarantee transparency across your entire supply chain.
Our services for you
- Preparing your master data
- Setup of the MRP and necessary configuration
- Support in productive process
- Support for updates and new revisions
- Analysis of your demand situation and development of perfect demand covers
- Analysis of the factors influencing your inventory planning and the responsibilities within the company
- Conception of a comprehensive inventory planning model
- Support of your inventory planning through planning procedures in SAP and non-SAP solutions
- Definition of a location-dependent safety stock level
