Inventory Modeling & Allocation
Ten2Eleven’s clients often need assistance with quantifying and systematizing inventory management. This may take the form of predictive modeling engines to help identify optimal order quantities, or allocation formulas to assign inventory to key customers. In some cases, Ten2Eleven has been asked to model a client’s supply chain to proactively identify upstream (i.e. supplier) service level issues with enough lead time to allow the client to switch suppliers or transfer inventory.
Ten2Eleven’s approach includes partnering with business leads to ensure that our consultants understand the existing inventory management practices and supply chain information systems.
Keeping with Ten2Eleven’s principle of inexpensive and rapid prototyping, our consultants and developers will create a desktop version of the solution, and will review output reports with knowledgeable business leads to validate the system’s analytics.
As a final step, Ten2Eleven works with clients to productionalize the solution, which may include building scheduled ETL jobs to extract data on a regular basis, maintenance screens for client staff, and self-service reporting access to ensure that information is always available to those who need it to perform their jobs.