Material Flow Strategies
Material Flow and Item Level Demand Planning
Product items that have an irregular demand pattern makes them all but impossible to forecast with traditional, smoothing-based forecasting methods. Items with intermittent, or slow-moving, demand have many zero values interspersed with random spikes of non-zero demand. This problem is especially prevalent in companies that manage large inventories of service/spare parts in industries such as aerospace, military electronics, as well as in MRO (Maintenance, Repair, and Overhaul) organizations. Analyzing the material flow of products within our warehouse ensures we always have what you need in stock.
- Finished goods inventory before purchase order generation
- Strategic safety stock
- Reduced minimum purchases