FAQ
ROI+ is an inventory optimization solution designed to help manufacturers and distributors optimize their inventory investment and achieve results such as:
As a web-based solution, ROI+ analyzes inventory to increase turns, add profitability, improve working capital, and reduce inventory while achieving critically high service levels.
What is inventory optimization?
Inventory optimization is developing an inventory stocking strategy that achieves the highest level of service at the lowest possible cost. Knowing what to stock, when, and how much in order to meet customer requirements is difficult to determine with a large population of SKU's. Adding the variability of demand, supplier lead times, SKU proliferation, financial constraints, business objectives, vendor requirements, etc, across thousands of SKU's, creates a nightmare for inventory planning. So how do best-in-class organizations effectively manage one of their largest assets and provide high service levels? The answer can be provided through inventory optimization.
How does ROI+ work?
The ROI+ optimization engine uses complex algorithms and an iterative process to develop the best stocking scenario guided by specific parameters. The solution then calculates stocking requirements at the item level until targeted service levels are achieved. The end result is a plan that enhances your inventory investment while continuing to meet your business objectives.
What makes ROI+ different from ERP or inventory software?
A traditional ERP system is a transactional system that effectively tracks current or known inventory investments. ERP applications generally contain minute details of customer order and purchasing history for an item. ROI+ leverages the existing information in an ERP to determine future requirements and becomes a strategic planning tool that adds value for your current systems.
What if I already have an inventory package?
ROI+ is designed to interface, enhance, and supplement existing inventory or ERP applications. It provides a comprehensive set of tools that analyzes past performance, current conditions, and creates a stocking strategy to gain the greatest return from your investment via service levels.
What makes ROI+ unique?
ROI+ focuses on inventory optimization, planning and analysis; and is proven effective across multiple industry verticals. ROI+ is scalable to the size of your organization, meaning we can provide you with a level of detail that is specific to your environment. As a web-based application, the constraints of an IT department no longer impede the access to business intelligence.
Having the right stock at the right time and in the right place and quantity is key to your business and your customers business. An optimized stocking strategy can provide available cash, reduce your expenses, and help your business be more successful.
E-mail:info@tclogic.com