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Epicor Inventory Planning & Optimization (IP&O)Epicor

Strike the perfect balance between service levels and inventory costs with Epicor Inventory Planning & Optimization (Epicor IP&O)

Vendor

Vendor

Epicor

Company Website

Company Website

Product details

Unmatched AI-Driven Inventory Optimization

In today’s dynamic market, managing inventory effectively is crucial. Epicor Inventory Planning is your partner in this journey, offering a suite of cloud-based applications that drive sales and inventory operations planning. Tailored for businesses of all sizes, it empowers you with robust forecasting methodologies, inventory optimization, and actionable supply chain analytics.

Features

  • **Demand Planning: **Epicor Demand Planner uses Machine Learning to automate forecasts and adeptly accounts for trends, seasonality, and intermittency improving forecasting accuracy.
  • **Operational Analytics: **Cloud-based operational analytics tracks historical turns, service levels, and on-hand inventory, giving you focused reports to measure and compare operational performance.
  • **Inventory Optimization: **AI-driven Inventory Optimization prescribes policies that yield the best financial return and predicts future service levels, shortage costs, and inventory value to boost profitability.
  • **Supply Planning: **Supply Planning simulates daily, weekly, and monthly demand, lead times, future inventory levels, and order receipts for effective what-if analysis.
  • **Probabilistic Models: **Use AI to simulate thousands of possible outcomes that capture complex patterns and expose the odds to precisely risk adjust your inventory.
  • **Inventory Dashboards: **Track actuals and simulate future lead times to get precise estimates of supply uncertainty.
  • **Tradeoff Analysis: **Enjoy AI-driven what-if planning on service levels, days of inventory, and lead times for improved assessment of tradeoffs and supply chain resiliency.
  • **Stress Testing: **Simulate future performance of current policies exposing blind spots in the plan and enabling proactive corrections.

Benefits 

  • **Better Forecast Accuracy: **Unlock the potential of your inventory with Epicor IP&O. Our advanced algorithms analyze historical data and market trends to provide you with highly accurate forecasts. This precision helps you: - Reduce overstock and stockouts - Improve customer satisfaction with reliable product availability - Optimize your inventory turnover rates
  • **Measure Your Impact: **Make strategic inventory decisions with confidence. Built-in financial impact simulation tools can help you: - Project the financial outcomes of different inventory scenarios - Balance cost-saving measures with customer service levels - Strategically plan for future growth and market changes
  • **Built to Scale and Adapt: **As your business grows, Epicor IP&O grows with you. Our cloud-based platform is designed to handle the increasing complexity and volume of your inventory needs. It can help you: - Seamlessly manage inventory across multiple locations - Adapt to changing market demands with agile inventory strategies - Scale your operations without compromising efficiency