Operational expertise and advanced system capability combine to deliver flexible support packages and realise important customer benefits.

Services: Demand Management and Forecasting

Categorisation & consolidation of customer demand data

Raw customer demand data provided by the Client is categorised enabling order generation based on agreed rules. Each category is consolidated at item level for agreed time period (normally weekly).

Create Customer Demand Forecasts

The consolidated forecastable demand data is used to generate mathematical models of the demand history for each item. Extending the model into the future produces the demand forecast for each item.

Process Optimisation

Statistical Safety Stock calculation

Sub processes measure the historical variability of demand vs. forecast. The statistical safety stock calculation utilises this measure to identify an appropriate level of safety stock for a given service level requirement.

Optimise Inventory for given service levels

Various techniques including optimal grouping and ‘plan to stock’ rules are used to minimise the total inventory required to support an overall service level need.

Kit assembly planning using BOM

If Kit or Assembly requirements are required then both the independent and dependent component demand forecasts can be combined for procurement planning purposes.

Supplier Management Techniques

We have an excellent track record of delivering cost savings without compromising quality from our database of SQA approved suppliers. To ensure we maximise value for money, we search world-wide and increasingly use local expertise to deliver substantial savings from low cost countries (LCC).

Application of Software Solutions

Unlike specialist IT providers, the Multipart IT team have an intimate understanding of Multipart’s logistic offering and are ideally positioned to exploit IT and deliver value to our Clients.

Working together

Our highly experienced procurement team will work with your existing teams in a collaborative and approachable style to ensure a transfer of skills and knowledge that will allow you to build upon the results delivered during the implementation programme. To deliver fast, effective improvements and long term benefits we will work to understand the needs of your business and your customers.

Implementation methodology

Initial Consultation

To gain an understanding of your business model, current challenges and anticipated benefits through deployment of Multipart Inventory Planning services team.

Functionality Analysis

A structured walkthrough of business processes, compared to the Multipart standard model, delivers a future operating model. Combined with any demand management, forecasting and process customisations leading to a fully costed solution. Key milestones - give you confidence in what will be delivered, when and for how much!

Specification Agreement

Any required customisations will be specified in detail, developed and presented for Client Acceptance.

Client Acceptance

Client teams are encouraged to participate in the initial specification of the Inventory Planning recommendation including any specific customisations. This is approached from a business perspective and help ensures a successful implementation and sign-off.

Implementation Support

The Multipart Inventory Planning services team will remain committed to post implementation support ensures a smooth transition. Flexible ongoing support packages for the medium to long term are available.

Customer Benefits

  • Reduced Operating Costs
  • Superior Customer Satisfaction
  • Increased Productivity and Availability
  • Improved Process Optimisation
  • Reduced Stock Holding
  • Reduced Obsolescence and Excess
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