Solution
ORTEC’s Demand Forecasting and Order Generation solution is designed to provide automated stock replenishment as part of a customer service strategy for product delivery. It enables suppliers to manage customer stock levels with clear benefits for both supplier and customer. ORTEC supports making deliveries on a just-in-time basis while smoothing out variations in transportation demands. For each customer demand profiles can either be calculated or predefined. Furthermore ORTEC provides a selection of order generation strategies, e.g. full truck load or equal days replenishment.
The following aspects are taken into account:
- Open and close times of customer locations
- Customer delivery windows
- Customer demand per time of day and day of week
- Flexible delivery periods (for example 4, 72 or 120 hours)
- Minimum and maximum drop size
- Safety stock levels
- Seasonality
- Calendar events such as public holidays, Christmas etc.
Benefits:
- Increase in customer service
- Increase of average drop size
- Decrease of delivery frequency
- Less out-of-stock situations
- Enhanced marketing & sales capabilities