Evaluate trade-offs
Between different service levels strategies
Arkieva Multi-Echelon Inventory Optimizer
Arkieva has designed its Multi-Echelon Inventory Optimization (MEIO) module as a comprehensive tool to calculate these safety stock targets. It takes into account demand and lead time variability at each echelon and node and uses a sophisticated algorithm to calculate the targets in a multi-echelon way. It also enables scenarios and allows comparison of these scenarios with each other. This module combines advanced MEI capabilities with the data management, analytics, and reporting engine within the Arkieva Software.
Between different service levels strategies
For all materials and locations across a multi-echelon network
For service level definition and service level differentiation
(Bill of Distribution and production network)
Inevitably, global or national business is forced to hold inventory at different locations. Inventory management becomes increasingly complex when you must ensure that the optimal inventory is kept at the right location and at the right time.
Identifying if your business operates as a single-echelon or multi-echelon business is essential to selecting the right inventory optimization strategy and solution.
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