GAINS Replenishment Planning Software: Remove the risk from buying decisions.
Combining AI/ML-powered demand forecasting with predictive analysis, GAINS Replenishment Planning software empowers your procurement team to prevent losses caused by inventory overages and stockouts.
Replenishment at the right time and location.
Minimize inventory-related losses.
Billions are lost every year on excess inventory, spoilage, late shipments, defective products, and stockouts. GAINS turns your supply chain into a competitive advantage by creating accurate predictions that feed into your procurement processes.
Accelerate (even automate) decisions.
GAINS keeps your business more agile with better (and faster) decisions by helping you automate routine replenishment decisions to balance the tradeoffs between service, costs, and inventory, and focus your team on strategic activities.
Free up working capital.
Empower your supply chain team with the single source of truth they need to keep pace with the volume and velocity of decisions they need to make each day. Combining multiple supply and demand signals, GAINS drives decisions that right-size inventory and keep costs in check.
Replenishment planning features: what’s included
Informed replenishment recommendations
Exception-based, profit-prioritized, and sequenced.
Flexible time horizons
Configure short-term, long-term, and intermediate forecasts without being forced into pre-set time horizons.
Transfer order prioritization
Prioritize transfers to ensure urgent demand is prioritized over less important demand.
Price breaks and substitutions
Automatically take advantage of price breaks and purchase substitutes when needed.
Optimize purchase orders
Stop costly stockouts or expedited orders with automated, full orders.
Order constraint adherence
Build optimal orders to your company’s unique supply constraints taking into account established business rules.
Inventory rebalancing
Generate optimal stock movement recommendations to optimize cash flow and respond to variability.
FAQs
Does GAINS support automated replenishment triggers based on inventory levels?
Yes, GAINS fully supports automated replenishment triggers based on inventory levels, ensuring optimal stock levels and streamlined replenishment processes. Here is how our system achieves this:
- Real-Time Inventory Monitoring: GAINS continuously monitors inventory levels in real-time, tracking stock across all locations. This constant visibility allows the system to respond immediately to changes in inventory status.
- Straight Through Replenishment (STR): With the STR feature, replenishment orders can be initiated automatically and sent directly to your ERP systems such as SAP, Oracle NetSuite, or others. This seamless process minimizes manual intervention and accelerates the replenishment cycle.
- Dynamic Replenishment Triggers: Our advanced algorithms automatically trigger replenishment orders when inventory levels reach predefined thresholds. These thresholds are dynamically adjusted based on demand patterns, lead times, and safety stock requirements to maintain optimal stock levels.
- Customizable Parameters: GAINS allows you to set and customize replenishment parameters according to your specific business needs. This includes setting reorder points, minimum order quantities, and safety stock levels that align with your operational goals.
- Scenario Analysis and Forecasting: Our software performs scenario analysis and demand forecasting to predict future inventory needs. By anticipating demand fluctuations, GAINS can adjust replenishment triggers proactively to avoid stockouts and overstock situations.
- Automated Alerts and Notifications: The system generates automated alerts and notifications for replenishment actions. This ensures that your team is always informed about critical inventory levels and can take timely action to maintain stock balance.
- Integration with Supply Chain Systems: GAINS integrates seamlessly with your existing supply chain technologies, including ERP and CRM systems, ensuring that replenishment triggers are aligned with your overall supply chain strategy and operations.
GAINS helps you maintain optimal stock levels, reduce carrying costs, and enhance supply chain efficiency. This automation ensures that your inventory is always aligned with demand, improving service levels and customer satisfaction.
How does GAINS incorporate lead times and supplier performance into its replenishment plans?
GAINS incorporates lead times and supplier performance into its replenishment plans through advanced analytics and real-time data integration. Here’s how we ensure that these critical factors are accounted for to optimize your supply chain:
- Accurate Lead Time Modeling: GAINS accurately models lead times for each supplier and product. This includes considering both standard lead times and variations due to factors such as transportation delays, production schedules, and supplier reliability. By factoring in these nuances, GAINS ensures that replenishment plans are realistic and achievable.
- Scenario Analysis and Simulation: The platform performs scenario analysis and simulations to evaluate the impact of varying lead times and supplier performance on inventory levels and replenishment schedules. This proactive approach helps in identifying potential risks and developing contingency plans.
- Supplier Performance Monitoring: Our system continuously monitors supplier performance, tracking key metrics such as on-time delivery rates, order accuracy, and quality consistency. This real-time data provides insights into each supplier’s reliability and performance trends.
- Dynamic Replenishment Adjustments: Based on the monitored data, GAINS dynamically adjusts replenishment plans to reflect suppliers’ current performance. If a supplier’s performance declines, the system can adjust lead times or shift orders to more reliable suppliers, ensuring a stable supply chain.
- Risk Mitigation Strategies: GAINS incorporates risk mitigation strategies into its replenishment planning. This includes maintaining buffer stocks and optimizing safety inventory levels to account for potential supplier disruptions or delays. These strategies are dynamically adjusted based on real-time performance data.
- Integrated Data Sources: GAINS integrates data from various sources, including ERP systems, supplier portals, and logistics providers. This comprehensive data integration ensures that all relevant information about lead times and supplier performance is factored into replenishment decisions.
- Collaborative Supplier Management: GAINS fosters collaboration between your supply chain team and suppliers. By sharing performance metrics and insights, both parties can improve lead times and reliability, enhancing overall supply chain efficiency.
- Continuous Improvement: The system continuously analyzes the effectiveness of replenishment plans and makes recommendations for improvement. This ongoing refinement helps in optimizing lead times and supplier performance, leading to more efficient and cost-effective replenishment processes.
By incorporating lead times and supplier performance into its replenishment plans, GAINS ensures that your supply chain is resilient, responsive, and efficient. This leads to better inventory management, reduced carrying costs, and improved service levels.
Can GAINS handle replenishment across a multi-echelon supply chain network?
- Comprehensive Network Visibility: GAINS provides end-to-end visibility across your entire supply chain network, including all echelons, such as central warehouses, regional distribution centers, and retail locations. This holistic view enables accurate and coordinated replenishment planning.
- Multi-Echelon Inventory Optimization (MEIO): Our advanced MEIO algorithms simultaneously optimize inventory levels across all echelons. This ensures that stock is positioned strategically throughout the network to meet demand efficiently while minimizing total inventory costs.
- Integrated Demand Forecasting: GAINS integrates demand forecasting at all levels of the supply chain, considering both local and global demand patterns. This comprehensive forecasting approach ensures that each echelon receives accurate demand signals for better replenishment decisions.
- Dynamic Replenishment Planning: The platform dynamically adjusts replenishment plans based on real-time data from all echelons. This includes factoring in lead times, transportation constraints, and variability in demand, ensuring that inventory levels are always aligned with current needs.
- Centralized and Decentralized Planning: GAINS supports centralized and decentralized planning models, allowing for flexible replenishment strategies adapting to different operational structures and business requirements.
- Scenario Analysis and Simulation: Our software performs scenario analysis and simulations to evaluate the impact of various factors on the multi-echelon supply chain. This helps identify potential risks and optimize replenishment strategies under different conditions.
- Collaborative Planning: GAINS facilitates collaboration between different tiers of the supply chain. By ensuring that all echelons are aligned and well-informed, the platform enhances coordination and reduces the risk of overstocking or stockouts.
- Automated Replenishment Triggers: The system uses automated replenishment triggers based on your predefined parameters and real-time data. This ensures timely replenishment actions across all echelons, maintaining optimal inventory levels throughout the network.
- Continuous Monitoring and Adjustment: GAINS continuously monitors supply chain performance and inventory levels, providing insights and recommendations for ongoing optimization. This proactive approach ensures that the supply chain remains responsive and efficient.