Background
In recent decades, value chains have grown in length and complexity as companies expanded around the world in pursuit of margin improvements. However, the way value chains have shaped with global environmental changes and organizations are subjected to more disruptions with growing frequency. To be resilient against these risk, companies needs to be ready for anything. To be ready, companies needs to optimally place buffer across the supply chain decoupling any variability.
Solution Overview
Trinamix Multi- Echelon Inventory Optimization – A comprehensive solution for Multi-level, Multi-node Supply Chain Inventory Optimization and Safety Stock Planning
Multi-echelon Inventory Optimization is a micro service that works with Oracle supply planning to convert uncertainty to variability, decoupling demand and supply variability by placing the right inventory, at right location and time, creating a more robust and resilient supply chain.
Multi-echelon Inventory Optimization (MEIO) uses time-tested advanced mathematical algorithms to accurately model inventory flows through the interdependent stages and locations of a supply chain, and analyzes historical behavior under all conditions. The model helps create an optimal configuration of inventory buffers and locations adequate to handle any degree of demand and supply uncertainty, seasonality, etc., while achieving desired service levels for minimum cost. MEIO typically recommends specific strategies for postponing inventory at earlier stages of manufacturing and distribution processes.
Architecture: Trinamix Resilient Planning (MEIO)
