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aggregate inventory management

Conversational AI

Conversational AI for Inventory Planning Conversational AI is a powerful tool already being leveraged in many functions and augmented analytics tools. There is an opportunity to further explore this technology in the area of supply chain planning. This article explores how conversational AI can be leveraged for inventory planning and management. With application examples, it touches upon the two key categories that can be leveraged in inventory planning. Readers of this article will get answers to questions like : • What is Conversational AI? • How can conversational AI be applied to inventory planning? • What are some of the specific examples of applying conversational AI for inventory planning?

Jun 16, 2022

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3 minute read

Aggregate Inventory Management in SAP, Part I of II Organizations strive to achieve high standards in customer service with balanced investment inventory. Material planners, from the plant to managerial to the corporate level, work on managing inventory on a periodic basis to maintain balance between inventory to carry vs. customer satisfaction. The right tools can replace spreadsheets to help organize this information effectively on a periodic basis. Using SAP's MRP Monitor add-on tool can help companies avoid manipulations that could occur on a spreadsheet. After reading this article you will be able to: - Implement material document analysis with various parameters including stock tables, movement types relevant for consumption - Translate organization's inventory policy guidelines and threshold values of ABC/XYZ/LMN into SAP system parameters - Analyze consumption, receipts and stock calculations on both make to stock (MTS) and make to order (MTO) product mix across group of plants - Set up batch schedules and periodic maintenance procedures for functional and basis teams - Understand how to optimize system performance

Mar 26, 2020

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16 minute read