Features List

SAS Inventory Optimization Workbench Features List

SAS Inventory Optimization Workbench

Data management

  • Data from disparate sources of product distribution can be aggregated while eliminating inconsistencies and redundancy.
  • All factors that affect demand can be considered, which creates more accurate forecasts.
  • Data from can be pulled from ERP and legacy systems.
  • Transform, standardize and cleanse your data.

Inventory optimization

  • A buyers’ workspace with a suggested plan of orders for a given facility in a single, dual or multiechelon network.
  • Replenishment plans for low-stock items.
  • Cost by source for each order.
  • Cost summaries for each optimized plan.
  • Auto-leveling between facility inventories when the data suggests this would be cost-effective.
  • Lock and promote order recommendations that includes an automated pathway when needed.
  • Edit suggested orders, or create a manual order.
  • Promotional and turn ordering workflows:
    • Base/turn orders allow for the normal volume and demand fluctuations that fall within standard lead times.
    • Promotional ordering allows for long lead-time planning, collaboration and execution.
  • Order suggestions and optimization overrides:
    • The system automates the creation of trusted ordering requirements.
    • System provides a logical stepped process to go from the opening order, to promotion of the order, and then to order execution.
    • Allows for cancellation of an order and an immediate system update.
    • Ability to generate a manual order to override the optimization process.
  • Promotional order sequencing and sorting:
    • Order processing can be configured to align with negotiation periods.
    • Align ordering with optimal upstream and downstream product flows to support promotional events.
    • Sort order by promotion ID, date, name, vendor, product and locations.
  • Improved inventory performance and advanced product and location segmentation:
    • Easily viewable outputs provide insight into the optimization policy results.
    • Configurable product segmentation allows for extremely accurate segmentation and the ability to link to product attribute segments for hard-to-forecast products including attribute filtering in what-if scenarios.
    • Configurable facility segmentation allows customization of facility hierarchy.
    • Customized alert thresholds and the ability to assign specific service levels to regular (versus promotional) volumes.
    • Visual facility hierarchy view to easily understand product flows including the ability to see upstream inventory support to underlying locations.

What-if scenario development

  • Provides accurate cost analysis of inventory proposals before implementation.
  • Allows for multiple scenarios to be developed at once.
  • Enable the user to review how business decisions affect both single-echelon and multiechelon networks.

Demand-driven planning and optimization suite integration

  • SAS® Collaborative Planning Workbench – Automates consensus planning with a structured forecasting workflow.
  • SAS® Forecast Analyst Workbench – Uses SAS High-Performance Forecasting to generate more accurate, large-scale forecasts.
  • SAS® Forecasting for SAP APO – Advanced analytic forecasting integrated with SAP APO.
  • SAS® New Product Forecasting – Combines business judgment with statistics and our patent-pending structured judgment method, which suggests future demand of new products based on surrogate products.
  • SAS® for Demand Signal Analytics – Provides an integrated repository of demand information with tools for exploring and analyzing sales, products, stores, territories, promotions, inventory, price, performance and operations.