Inventory Optimization
AI-powered multi-echelon inventory optimization to reduce carrying costs and improve service levels.
Executive Summary
Logility's Inventory Optimization is an AI-powered system designed for Multi-Echelon Inventory Optimization (MEIO). It provides comprehensive control over all stages and locations within the supply chain network, enabling organizations to significantly reduce carrying costs while simultaneously improving service levels. The system allows users to create, evaluate, and optimize complex inventory strategies and tactics across their entire supply chain. The platform leverages advanced machine learning and predictive models to navigate variances in supply and demand effectively. It helps manage inventory policies, transforms network optimization through dynamic inventory modeling, and supports manufacturing planning and scheduling. By integrating AI-first capabilities, Logility empowers businesses to build sustainable, digital supply chains that drive growth and resilience. Logility's solution integrates seamlessly with existing enterprise systems, including SAP ERP, through high-performance APIs and data upload capabilities. It is part of a broader Digital Supply Chain Platform that encompasses demand planning, supply planning, and retail optimization, providing a holistic approach to supply chain management.
Use Cases
- Optimizing inventory strategies across the entire multi-echelon supply chain network.
- Reducing carrying costs and improving service levels by balancing supply and demand.
- Navigating variances in supply and demand through predictive modeling and policy management.
- Supporting manufacturing planning and scheduling with optimized inventory levels.
- Enhancing retail merchandise planning, assortment, and allocation decisions.
Features
Visibility
- Multi-Echelon Inventory Visibility: Gain a comprehensive view of inventory levels, costs, and movements across all stages and locations of the supply chain network.
- Cost Transparency: Achieve improved cost transparency for inventory and overall supply chain operations, aiding in better financial management.
Intelligence
- AI-Powered Demand Forecasting: Leverage AI and machine learning to accurately forecast demand and anticipate variances, improving planning accuracy.
- Dynamic Inventory Modeling: Utilize AI-powered dynamic modeling to evaluate and optimize inventory strategies, adapting to changing market conditions.
- Predictive Optimization: Apply predictive models to improve inventory and service levels, ensuring optimal stock while meeting customer expectations.
Technical Specifications
- Architecture
- AI-first, cloud-based Digital Supply Chain Platform.
- Deployment
- SaaS (Cloud-based)
- API Available
- Yes
AI/ML Stack
- Machine Learning
- Predictive Modeling
- Generative AI
Integrations
- SAP
- HIGG
Security & Compliance
Certifications: SOC 2
Pricing
- Starting Price
- Contact sales
- Target Customer
- Mid-Market,Enterprise
- Free Trial
- No
About Logility
Logility, now known as Logility Supply Chain Solutions, is a prominent provider of AI-driven supply chain management solutions, established in 1996 and based in Atlanta, Georgia. The company offers a digital supply chain platform that enhances resilience and efficiency in supply chain operations through artificial intelligence and advanced analytics.