Inventory management

PROBLEM & CHALLENGE

  • A new variant of the economic order quantity model that supports for more accurate modelling of logistics costs and multiple products per supplier
  • Superior to standard approaches in any order quantity management

WEOPTIT CAPABILITIES

  • Existing optimization model
  • Capability to extend / adjust the model
    for industry needs
  • Long experience in inventory
    management

OUTCOMES

  • Considerably less inventory
  • Reduces significantly logistics costs
  • Allows automatic inventory management
  • Provides full transparency to all key factors in order management

Related projects