Supply chain/stock efficiency

It is evident from experience that current methods of demand forecasting consistently create out of stocks, over stocks and waste.

supply_chain

This is because existing demand models are based on empirical consumer behaviour in the form of historical sales data. However, when consumer desire stimulates demand in excess of the standard model forecast then out of stocks occur. And when consumer desire is less than this standard model then over stocks and waste occur. The capacity to more accurately forecast consumer demand – by understanding basic consumer desire – will have impact on the whole supply chain. It can deliver enormous increases in efficiency of stock holding, infrastructure and transport and will consequently reduce waste, energy use and make a positive contribution to your organisation’s carbon footprint.

NAXIS will deliver profound and lasting improvements to your supply chain efficiency.

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