Aera Inventory
A Balance to Strike
Aera Inventory Skill continuously balances capital investment constraints and service level goals while taking demand and supply volatility into account
Aera Inventory Skill provides a planner and end-users a complete view of inventory context, expected demand, predicted lead times, and overall variability of demand and supply. The Skill continuously balances and evaluates inventory levels and targets against defined service levels. It proactively adjusts to expiring inventory as well as minimizing backorders. It manages new product introductions, substitutions, and other conditions in inventory decisions.
Benefits
- Improves safety stock performance enables less inventory without jeopardizing service levels
- Analyzes the split between safety, cycle, excess, transit, residual levels and trends over time
- Extends coverage to Raw Materials, WIP, and Finished Goods
- Automates the process of balancing inventory, including executing corrective actions in transactional systems
- Calculates conditions every few minutes rather than days or weeks
- Provides visibility into inventory savings to date, actual and optimized inventory by SKU or location
Other Skills
Aera Forecast
Leverages machine learning algorithms that correlate data from historical sales, promotions, the market, and external factors to autonomously generate an accurate demand forecast with minimal to no human intervention.
Aera Order
Recommends accurate order promises, allocations, and production plans to improve Available-to-Promise capabilities with real-time fulfillment visibility.
Aera Promotions
Monitors the competition and market trends, analyzes historical data, and recommends plans to perfect your promotions.
Aera Procurement
Integrates procurement strategy and automates daily procurement processes to enable a highly efficient and streamlined procurement process.
Aera Logistics
Optimizes shipping networks, uncovering opportunities for more efficient transportation, identifying bottlenecks, and automating shipment delay resolution, to ensure customers receive the complete shipment on time, every time.
Aera Digital Control Tower
Monitors the business to identify and predict demand, working capital and cost risks, then prescribes appropriate actions to mitigate or overcome these risks.