Extend NetSuite's planning capabilities with world class inventory optimization. Forecasting, demand planning, supply planning, and inventory optimization are added to enhance NetSuite, The #1 Cloud ERP. Reducing inventory, improving sales and customer service levels has never been easier!

Extend NetSuite's planning capabilities with world class inventory optimization. Forecasting, demand planning, supply planning, and inventory optimization are added to enhance NetSuite, The #1 Cloud ERP. Reducing inventory, improving sales and customer service levels has never been easier!

Effective Inventory Management Solutions

Everyone is looking to strike a balance between working capital, operational costs, and optimal customer service level. Leverage your investment in NetSuite to do just that. The daily operational data that is generated everyday in NeSuite is used to extend the capabilities and achieve a greater level of inventory balance. It is vital that business leaders focus their time and attention on areas that deliver the greatest returns. This is exactly what our forecasting, demand planning and inventory control solution are made for.

Developed through real world application, our industry leading solutions are designed to help you overcome your inventory management hurdles and exceed your supply chain goals.

Key Benefits

In order to maintain consistently high service levels while keeping supply chain costs under close control, a business must strike the perfect balance between availability and capital invested in inventory. Based on historical sales, the forecasted demand and current inventory situation within the supply chain, our inventory & supply chain optimization solutions have helped hundreds of business across the world to realize their sales and profit goals.

Accurate Forecasting and Demand Planning

Forecasts and demand plans underpin supply chain decision making. As a result, it is vital that these are as accurate as possible. However, given the extensive range of factors that must be taken into account when developing a reliable forecast, many businesses simply lack the required insights to develop a robust demand plan.  Our forecasting and demand planning solutions have been specifically designed to help you gain the invaluable insights required to satisfy future demand.  

Demand Profiling

Through analyzing demand patterns at all levels and taking into account a range of demand metrics, Slim4 enables businesses to create objective profiles which ensure only the most appropriate forecasting algorithm is applied. In order achieve the best possible forecast, demand profiling within Slim4 is underpinned by:

  • Analysis of demand at a SKU, product group, location or channel level
  • Analysis of total sales volumes, frequency of sales, sales quantities as well as individual transactions

Statistical Forecasting

With more than 25 statistical algorithms to choose from, Slim4 automatically identifies and applies the forecasting method or combination of algorithms which best fits the given demand profile. To ensure the best results, Slim4 takes into account:

  • The latest trends 
  • The system's dynamically calculated demand profiles 
  • Automated selection criteria to choose the most appropriate forecasting method--no need for a PhD in math and statistics!

Dynamic Calculated Safety Stock

In order to provide the desired service level for unexpected demand, the correct buffer or safety stock must be calculated for every product. Slim4’s powerful capabilities enable businesses to continually optimize their inventory:

  • Differentiating services level and safety stock, taking in account delivery times, optimal order quantities, and ordering times
  • Distinguishing between presentation stock and all other types of inventory
  • Automatically optimizing purchase orders for thousands of SKUs across all stocking locations
  • Optimized replenishment based upon dynamic MIN / MAX rules where needed
  • Responding to developments in local demand at both at the item and location level
  • Optimized phase-in and phase-out of items based upon product life-cycle management

Product Life-Cycle Management

Effective Product Lifecycle Management is all about adopting the right strategy at every phase. However, given that no two product life-cycles are ever the same, it’s vital that inventory levels are managed carefully to maximize availability during the introduction, growth, and mature phases as well to minimize obsolescence at the end of the life-cycle. Slim4 helps businesses stay ahead of product life-cycles:

  • Automatically adopt the inventory strategy to fully optimize the entire product lifecycle
  • Apply business rules to adopt either a defensive or aggressive approach during launch phase
  • Remain responsive and automatically establish a forecast after initial sales of new items
  • Optimize margins and inventory costs for mature items
  • Notify planners when sales start to fall at the end of product lifecycle
  • Gain insight into different phase-out scenarios and decrease inventory levels accordingly

What-if Simulation and Scenario Planning

Deciding how best to meet the needs of your customers is something which requires considerable thought. Given that there are a range of influences, both internal and external, that can change in the business environment, it is important that the impact of these factors on the future stock position is fully understood:

  • Explore impact of changes in service level, order quantity, and replenishment cycles
  • Analyze the impact of pursuing an inventory level target

Slimstock was founded in 1993 with the conviction that every business is unique, so every optimization solution should be too. Our team of more than 300 worldwide works with our customers as true inventory management partners, customizing each implementation to achieve impressive results. With this approach, Slimstock has become one of the world's leading inventory optimization companies serving more than 1,000 customers in 60 countries.

Slimstock has helped many companies reduce stock by 20% to 30% within 6 months, while maintaining or improving customer service levels. With an implementation of two to three months, most customers earn their software investment back within a year.

Slimstock utilizes Slim4 as an integral solution for forecasting, demand planning and inventory control, and is built to help you get the right inventory to the right place at the right time. Inventory optimization is at the heart of everything that we do; the passion and knowledge that we bring to our relationships have resulted in world.

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