With LEAFIO, strike a balance with your suppliers and distribution channels. Maintain high product availability with no overstock. Get access to the most accurate demand forecasts and effectively manage demand fluctuations. Keep track of the economic impact and margin to deferral ratio using an in-depth analytics module with an easy-to-use interface.
Overstocking can tie up distributor’s capital and storage space, increase costs, and lead to product obsolescence or spoilage. Lack of inventory is fraught with backorders, loss of sales and supplier bonuses, and leads to customer dissatisfaction or even penalties.
Inefficient replenishment processes can lead to delays in replenishing inventory, resulting in stock outs or overstocking. Manual replenishment processes, lack of consistency, or poor coordination with suppliers result in suboptimal inventory levels and increased costs.
Controlling the shelf life and turnover of perishable products is essential for the distributor. Failure to meet these conditions can lead to product spoilage, order returns, loss of customer loyalty and distributor’s reputation and revenue.
Without real-time inventory data, it becomes difficult to make informed decisions about replenishment and order fulfillment, leading to inventory imbalances, or loss of efficiency working with accounts and suppliers.
Effectively managing inventory levels during peak and off-peak demand periods requires accurate forecasting, timely replenishment, and effective inventory control.
Low margins with sometimes significant payment deferrals require constant focus on cost effectiveness with suppliers and customers.
LEAFIO'S AUTOMATED AI-BASED FORECASTING PROVIDES MAXIMUM CUSTOMER SATISFACTION WITH MINIMAL OPERATING COSTS
The Demand Forecasting module is designed for accurate inventory planning, helping distributors avoid costly overstocking and out-of-stocks. With short-, medium- and long-term sales forecasting capabilities for up to 12 months, this module allows you to increase order accuracy, optimize warehouse utilization and improve overall planning and operational efficiency.
The cutting-edge software automates order generation, optimizes order quantities and initiates replenishment based on demand forecasts, inventory levels, upcoming promotions, items in transit and other factors. It can help distributors optimize inventory costs, reduce lead times and avoid supply disruptions.
With advanced predictive algorithms, real-time data analysis and automated replenishment strategies, our software enables distributors to efficiently manage fresh stock, reduce waste, minimize inventory and maximize sales. When generating orders, the system will take into account product expiration dates, supplier package sizes, intra-week demand fluctuations, supplier schedules and other factors to ensure loss-free availability.
The dashboard gives the distributor a real-time view of inventory status on a user-friendly and intuitive interface. Daily prompts on emerging issues help improve operational efficiency and respond to problems in a timely manner. The tool provides quick access to customizable reports as well as insights for long-term planning and developing inventory management strategies.
The system automatically calculates and applies seasonality coefficients for regular assortment with seasonal fluctuations in demand and seasonal goods available in assortment only for a limited time. To improve order accuracy, the system provides a set of scenarios that are applied depending on the market situation. So you can be sure that you will not experience pre-season stock shortages, as well as you won't have an overstock after the seasonal peak.
This in-depth analytics module is based on our extensive practice in supply chain optimization and the successful results of numerous customer cases. The right KPIs are fundamental to effective distribution company inventory management because these metrics determine future productivity and revenue. Calculating these indicators allows you to know where your operational money is being invested and when it will make a profit.
A convenient promotional calendar allows you to view all past, current and future promotions by account, supplier or category. The system will not only ensure availability of goods before the campaign but also timely replenish stocks while it is in progress. The analytical block allows you to analyze the results of the campaign to further develop or adjust your promotional strategy.
At the implementation of LEAFIO Inventory Optimization solution stage, we’ve noticed positive changes in balances, turnover, and work with slow-movers. It should also be noted that labor costs for inventory management have decreased quarterly, making it possible to focus resources on business development
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