Operate autonomously with AI-driven automation, eliminating the necessity for subsequent corrections

Purchase order automation

The software automates the generation of purchase orders based on predefined triggers such as reorder points/frequencies, supplier calendars, safety stock levels, and demand forecasts. Dynamic reaction to market conditions and machine learning algorithms ensure full automation of the replenishment process. This ensures that orders are placed in a timely manner to prevent stockouts and maintain optimal inventory levels.

Intelligent rounding algorithm ensures every order meets supplier requirements at minimum cost of capital calculating with minimal order quantities, logistical or financial limitations.

Investment purchases module

Suppliers frequently provide enticing discounts for large-volume orders. However, customers, in their pursuit of these volume-based discounts, often choose imbalanced quantities of individual products. This results in some items being sold promptly, while others linger as excess stock, taking a considerable amount of time to be sold.

The software's investment module offers a solution by strategically blending optimal quantities of individual products based on forecasts. This harmonizes the turnover of all items included in the investment purchase. By effectively managing the funds allocated to finance the increased volumes, known as investment stock, the software enhances the utilization of resources.

Supplier management

The supplier selection process is automated, driven by chosen criteria such as price and lead time, with the software also factoring in lead time deviation calculations. Additionally, the system tracks and manages supplier lead times, minimum order quantities, ordering and delivery calendars ensuring timely replenishment. In the event of potential delays, the software promptly alerts users, enabling proactive measures to be taken in order to keep optimal inventory levels. Furthermore, it actively monitors key supplier performance metrics, including on-time delivery, order accuracy, and product quality, contributing to the continuous assessment and improvement of overall supply chain reliability.