In the distribution business, being efficient and accurate is crucial.
You need to be able to handle changes in customer demand and complex supply chains. Distributors face challenges like managing different products across many locations and meeting the needs of both suppliers and customers. As the market changes, your ability to deliver on time, minimize costs, and maintain good service can determine your success.
Take advantage of advanced supply chain planning capabilities to make better decisions. Plan for potential problems and supply variability, manage logistics constraints in your network, and optimize fulfillment and transportation while minimizing total cost to serve as well as carbon footprint. Stay competitive by making your distribution operations more efficient, flexible, and responsive to meet today’s market demands.
"With Solvoyo, we eliminated spreadsheets from the process and simultaneously increased process speed and planner efficiency across all regions."
Fluctuating demand patterns arise due to the diverse set of customers, products, and channels being served. Managing large product portfolios with varying demand patterns, substitute products, new introductions, and new accounts—alongside promotions, special events, and supply chain disruptions that lead to stock-outs—makes achieving accurate forecasts challenging, especially in the medium-term planning horizon. Procurement lead times, spanning weeks and months, further complicate the forecasting process.
Maintaining optimal inventory levels becomes difficult, often leading to stockouts or excess inventory, especially when handling a diverse product portfolio. Balancing stock levels to minimize carrying costs while meeting customer demand requires constant attention to trade-offs between service levels and inventory costs. Additionally, vendor-managed inventory services demand precision in managing inventory not only in warehouses but also at retail locations or regional distribution centers.
Supplier lead times can be unpredictable and often vary due to unforeseen events. Planning for changing lead times and resolving issues promptly is crucial for smooth operations. When products are imported from overseas, purchase orders must be planned in a way that minimizes shipping costs. Bulk buying decisions need to carefully balance shipping costs against carrying costs to optimize overall efficiency.
The pressure to reduce waste and improve sustainability, especially in industries like CPG and food, necessitates careful supply chain management to meet these demands without compromising operational efficiency.
Optimizing routes and delivery schedules across a diverse range of customers, each with different buying patterns, delivery schedules, and needs (such as temperature-controlled delivery for perishables or direct-to-store/drop-shipping to the end customer), is key to controlling costs and improving customer satisfaction.
Long-tail items, despite representing a small portion of overall sales, require the same storage and handling resources as high-volume items. The presence of many long-tail items often leads to SKU proliferation, complicating inventory tracking and increasing the complexity of supply chain management.
We create a digital backbone of your organization with a single source of truth that connects with all of your internal and external data sources, and automatically identifies data errors with Data Diagnostics and even fills in missing data using AI.
We use AI to extract actionable insights from your data, provide predictive alerts and end to end visibility in a Control Tower. Get to the root causes of stock-outs, excess stock, waste, and low OTIF rates through KPI Diagnostics.
Finally, we build your automated decision making platform. You focus on managing exceptions, and we keep track of user overrides to remove obstacles out of the way of autonomous decisions. That’s how you can take action with little or no touch.
Solvoyo’s cloud-based and configurable integrated planning platform consists of strategic, tactical, and operational solutions for decision-making and planning your end-to-end supply chain. We understand the complexities and intricacies of all food and non-food products–such as apparel and electronics–and configure our platform to address different business needs across categories.
Our automated data diagnostics measure the fullness and validity of master data received via integration and provide screens to view data validation and diagnostics.
Our demand collaboration and S&OP platform provides Excel-like ease-of-use to align multiple inputs from teams for a robust demand plan. Customers can leverage advanced analytics capabilities for insights, what-if scenario analysis to evaluate the financial impact of your plan changes, and the corporate memory to measure your performance effectively.
Our control tower identifies key issues in real-time, from stock-outs to service level discrepancies, by analyzing patterns and trends through machine learning and sends automated alerts to the responsible team members. This allows planners to focus swiftly on critical areas, enhancing responsiveness and reducing downtime.
Our advanced forecasting algorithms and machine learning capabilities address fast growth, new product introduction, halo and cannibalization effects, promotional events, and other factors influencing demand such as competitor actions and weather events.
Our dynamic product segmentation and safety stock calculation automatically adjusts based on Service Level Targets entered by the users. Our dynamic product segmentation and safety stock calculation automatically adjusts based on Service Level Targets entered by the users. We account for uncertainty in our calculation by measuring both supply and demand variability to ensure that each target is achieved.
Our network design capability enables multi-echelon inventory optimization for your inventory investment so that you can execute your service level strategy throughout your network, including inventory targets for your suppliers. Additionally, we can quickly process known carbon footprint calculators to create a baseline for your carbon footprint to evaluate the trade-offs between minimal carbon emission and minimal cost options.
Our demand-driven replenishment solutions dynamically optimize safety stocks for every SKU at the DC level. Integrated replenishment and procurement solution ensures you maximize availability while minimizing on-hand inventory.
Our fulfillment and transportation planning solutions using concurrent optimization empower you to set up and run your logistical network in the most cost-efficient manner without compromising customer service. Our mission is to enable autonomous planning for daily supply chain decisions so you can focus on the tactical and strategic ones.
Our network rebalancing solutions maximize sales and optimize inventory across the network of warehouses and distribution centers. Solvoyo automates inventory balancing decisions to maximize profitability, taking into account operational constraints, shipping, and handling costs. Solvoyo’s close-loop solution also tracks the acceptance rates and sales conversions of the transfers to provide full visibility to the outcomes of the transfer recommendations.
Ready to discover how you can digitize your workflows from category management to store operations and spend more time developing strategies and less analyzing data? We’ll do the data crunching so you can focus on the fun part! Our configurable and agile Planning & Analytics solutions will evolve with your business needs. You can pick and choose your solutions from our lego-like platform with the assurance that your workflows will be integrated as you advance through your digital transformation journey.
Missing opportunities due to siloed planning? With Solvoyo, achieve multiple goals simultaneously such as reducing working capital and transportation costs while improving fulfillment rates all at the same time.
Slowed down by inconsistent data and disconnected systems? The single data model means easier, flexible, and secure integration of your data. Reduce processing time and operating costs. With Solvoyo, develop your supply chain strategy and execute it on the same platform. All your data and planning system of records are integrated.
Is your planning system not keeping up with the changes in your business environment? We strive to evolve and adapt to your realities. The platform will expand to your needs, both in terms of workflows and hardware requirements.
Looking to streamline and speed up the process of planning and execution? We convert complex decisions into simple ones and automate your daily operational decisions.
Solvoyo’s solution is a living platform that monitors the way users are interacting with diagnostics and recommendations.
Finding yourself constantly having to tweak the models? With Solvoyo, utilize advanced analytics and machine learning to make your forecasting and inventory optimization models robust and adaptive
Concerned about IT resources and hardware costs? Solvoyo’s scalable cloud infrastructure is offered as a SaaS platform. Hardware, software, maintenance, and support costs are all included in a single monthly fee
Having difficulty using your planning platform? Make life easier for your planners so they can take faster actions. Solvoyo’s configurable UI combines user-friendly dashboards, diagnostic alerts, and operational screens in simple workflows
