FRESH
OPTIMIZATION
INVENTOR FRESH
INVENTOR FRESH is specially tailored for finding the most profitable inventory control strategy daily for perishable goods. Having a demand forecast and all variable cost components, including the disposal cost, the system finds the most profitable re-order points and re-order quantities individually for each fresh in every sales point or warehouse
FINANCIAL MODEL
INVENTOR FRESH solves the optimization problem by determining control parameters for each stock-keeping unit to maximize the company's profit. The key element of the solution is a sound financial model that includes all the variable cost components associated with inventory management. In addition to the usual costs for perishable products, it is important to consider disposal cost after the expiration date
OPTIMIZATION
INVENTOR FRESH analyzes variable holding costs, replenishment, out-of-stock lossesб and disposal cost for expired products. It determines the optimal combination of point in time (ROP, or re-order point) and order size (ROQ, or re-order quantity) to minimize the total variable costs for each assortment item. Thus the system provides the most profitable inventory control strategy for each item in every sales point and warehouse
DEMAND SENCING
For products with a shelf life of days or so, the INVENTOR FRESH system takes into account the cyclicality for the days of the week
RESOURCE CONSTRAINTS
Considering constraints allows INVENTOR FRESH to effectively adapt an optimal inventory management strategy to the real circumstances of doing business to maximize profit. The system works with the capacity and throughput of warehouses, available working capital forecast, and many other constantly changing factors and any combination of them to provide you with the best solution available