Better Science
Statistics Built to Handle Non-Normal Variation
Right Sized Inventory (RSI) auto-selects the right statistics based on your item demand behavior to ensure the right amount of inventory and desired service level.
Better Value
Less Time Required by Skilled Analysts
A great analyst is invaluable - in many ways. RSI enables these high skilled resources to spend much less time planning inventory requirements. If they’re relying on spreadsheets today, give them a nail gun instead of a hammer. Free up the time to be used in one of the many other ways a great analyst can deliver value
Better Science
Probabilistic Monte Carlo Simulation
A predictive analysis of possibilities, risk, and opportunity. Our MC Sim builds at least 2,000 independent models of possible results by using a best-fit probability distribution for any factor-inherent uncertainty — such as future demand quantities and supply lead times. Each model uses a different set of random values for the factors with uncertainty. The 2,000 (or more) model results form a range, or distribution, of possible outcomes — for RSI, the key outcome is inventory level, along with other critical KPIs. From this outcome distribution, RSI selects the optimal inventory level that will best meet your service-level requirements — without expediting!
Better Value
Just What You Need - No More
We kept RSI skinny on purpose. This strategy reduced our development cost which in turn keeps the price down. Our competition will say they do more. OK, but why pay much more for a broader platform if you really just want the best inventory planning tool out there?
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Better Science
Predictive Analytics for Correct, Comprehensive, Probabilistic Results
Right Sized Inventory (RSI) is true predective analytics — a correct, comprehensive, probabilistic Monte Carlo simulation of inventory, demand, supply, and service level.
Better Value
A Better Solution Delivers Better Results
This may sound like it belongs in the “Better Science” side, but it’s here because of the financial benefits you’ll get from using RSI. Ideally, you want the minimum amount of required inventory to consistently achieve the customer service levels you need. We’re built to specialize in that mission.
Better Science
“Real World” Handling of Lead Time Variability
Lead times are inconsistent. They vary. You don’t want to use a single, static, “worst case” assumption to represent lead time. RSI Includes lead time variation as a reality and incorporates that variation when determining the right amount of inventory.
Better Value
Cloud Architecture
This story has been told. But it’s just as relevant today as ever. Due to the way it’s built, RSI deploys within days and requires no investment in hardwore or other IT infrastructure. In addition, because RSI is a cloud solution, the pace is quicker and easily deployed — all at no additional cost to you.