Optistock Ltd.
Information Technology & Services - Sydney, New South Wales, Australia
Optistock Ltd. Employees
Optistock Ltd. Details
Data - Information - Knowledge - ProfitOptiStock is a cloud based inventory analytics software and consultancy service. It provides information to:- Improve customer service levels by reducing out of stock events- Significantly reduce average investment in inventory working capital- Increase inventory turnover by daily monitoring of SKU coverage levels- Identify slow and obsolete (SLOB) stock for removal- Greatly assist decision making for supply chain managers and inventory planners. At the press of a button OptiStock identifies:- Products with low days cover for replenishment before stock-outs occur. - ABC Classifications by volume and consistency to help set priorities e.g. o Fast moving, high demand products with insufficient days cover o High revenue SKUs o SKUs with consistent demand- New order recommendations- Slow moving and excess stock lines - Optimal Forecast, Safety stock, and Reorder point quantities- Graphically summarized information at product group and corporate levelInventory data required for analysis is:- Transaction history - Forecasts - Open orders - Quantity on hand - Planning data e.g. Lead times, lot sizes, safety stocks. We are a group of supply chain and IT professionals with over 100 years combined experience in both the operational and technical areas of this discipline. We believe we have faced and overcome every challenge experienced by today's supply chain managers. Our experience covers a variety of industries including, pharmaceuticals, food, industrial chemicals, fashion, FMCG, spare parts, custom built vehicles.OptiStock will greatly improve a company's supply chain visibility. It works well with all business sizes and stock replenishment cycle speeds from small e-retailers to FMCG supermarkets and multi-nationals with complex distribution networks.
