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Divide your inventories by 2 while decreasing shortages. What a bold statement we claim! This article aims at explaining how it is possible to achieve such outcomes with numerical simulations and simple cases. We will explain below with simulations the two main differentiators of Flowlity : dynamic safety stock and extended Supply Chain synchronization.   …

The DDMRP* method was invented by Carol Ptak and Chad Smith in 2011. I participated in the first European training session of the DDMRP in May 2013 given by Carol Ptak in Paris. I am therefore a CDDP (Certified Demand Driven Professional) from the very beginning. I was impressed at first sight by what Ms. …

For years, the question ‘what is the right level of stock’ has been at the core of every organization. Being able to precisely determine that level allows to minimize the cost of inventory while achieving the target service level that allows to reach the desired brand positioning. However, we are forced to notice that nowadays …

The starting point Most companies are not really aware of the true cost of holding inventory. Every year, billions of dollars are lost in the distribution and manufacturing sectors: either in shortages or in excess inventory. See (1). In 2020, most companies are equipped with an ERP and have a good visibility over their current …

The Coronavirus (Covid-19) crisis is probably the most important test the world has faced in the 21st century up to now. In just a few weeks, we have seen the health situation and the planet evolve in a completely unknown direction. What is most striking is that the impact is considerable both on society as …

Source : https://innowvate.eu/start-ups/

Flowlity was founded in Paris, France, in 2018, with the aim of building intelligent yet straightforward and low-cost supply chain software that delivered real results by streamlining material flows. The result is an inventory optimization (management and replenishment) and supply chain planning solution that enables companies to reduce their inventory by as much as half. …