DEMAND FORECASTING AND INVENTORY OPTIMIZATION
Strike the perfect balance between supply and demand.
Inventory management without the proper demand forecasting falls flat. The right tools and strategies will provide you with the most accurate forecast of your customer’s demand, enabling you to make better inventory decisions.
Maximize your inventory investments with enVista’s experts.
enVista’s demand forecasting and inventory optimization experts leverage time-tested, data-driven practices to determine your organisation’s unique customer demand. Leverage our services to maximize the potential of your most critical capital investment.
Artificial Intelligence Integration
Harness the power of AI in enVista’s Demand Forecasting and Inventory Optimization (DFIO) service. Our AI-driven approach ensures precision and effectiveness in your inventory management strategies.
Tailored Demand Forecasting
Recognizing the uniqueness of each organisation’s demands, we employ a comprehensive approach. By analyzing historical data, market trends, and supply chain dynamics, we craft a precise understanding of your specific customer demand, enabling informed inventory decisions.
Strategic Inventory Optimization
Our expert inventory consulting team conducts a thorough examination of your supply chain network and product flow across all tiers. By aligning inventory placement with demand characteristics, we deliver actionable insights and recommendations to optimise inventory management projects.
Data-Driven Insights
At enVista, we leverage cutting-edge analytical tools to conduct in-depth data analysis. Through meticulous cleansing, analysis, and visualization of hundreds of millions of records, we uncover invaluable insights that drive informed decision-making.
Large Automotive Parts Retailer Improves Inventory Efficiencies Through Supply Chain Network Optimization
- Implemented network optimization strategies, revitalizing the client’s market presence amidst industry decline.
- Used Coupa’s network optimization tool and enVista’s proprietary solutions to synchronize supply with demand, enhancing service while reducing inventory across the supply chain.
- Achieved substantial savings and efficiency gains, including a 60% increase in inventory turns at stores, a one-time working capital reduction of $24.6 million, and an annual carrying cost reduction of $35.9 million over five years.
Large Automotive Parts Retailer Improves Inventory Efficiencies Through Supply Chain Network Optimization
- Implemented network optimization strategies, revitalizing the client’s market presence amidst industry decline.
- Used Coupa’s network optimization tool and enVista’s proprietary solutions to synchronize supply with demand, enhancing service while reducing inventory across the supply chain.
- Achieved substantial savings and efficiency gains, including a 60% increase in inventory turns at stores, a one-time working capital reduction of $24.6 million, and an annual carrying cost reduction of $35.9 million over five years.
Featured Insights
White Paper
12 Dirty Little Secrets Retailers and Manufacturers Need to Know About Inventory Optimization
Get the low-down on the secrets retailers and manufacturers need to know about inventory optimization.
Blog
Mastering End-to-End Supply Chain Efficiency: A Guide to Seamless Automation and Fulfillment Strategies
To unlock supply chain efficiencies through complete automation and fulfilment strategies, there are three main areas to focus on: right-sizing inventory, optimizing warehouse networks and aligning digital strategies for seamless operations.
Blog
How to Drive Omnichannel Success with Multi-Echelon Inventory Optimization
Multi-echelon inventory optimization is not your typical inventory strategy, but it will drive the most success in an omnichannel retail environment. Learn more.
Blog
From Returns to Revenue: Leveraging AI to Increase Inventory Profitability
Optimize retail inventory with AI-powered rebalancing. enVista & ToolsGroup’s RebalanceAI as a Service helps manage returns, reduce stockouts and boost profits.
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