Inventory Optimization Analytics by Alteryx
Right Inventory, right place, right time
Right Inventory, right place, right time
Avoid the costs associated with lost sales, manufacturing delays, reduced revenue, and the loss of customers with automated inventory analytics solutions. Procure finished goods and raw material stock more efficiently for high demand items while minimizing waste, overbuying, and discounting. Using inventory optimization software to improve the allocation of finished goods and materials to distribution locations to reduce delivery times, improve customer satisfaction, minimize costs, and capture sales.
saved through inventory automation
Integrate data from disparate systems—such as ERPs, warehouse management, and inventory platforms—into a unified, comprehensive, and predictive view, empowering teams to uncover inventory trends, optimize stock levels, and make smarter decisions across their entire supply chain
inventory forecasting process updated to take 3 minutes
Optimize inventory by using data analytics to pinpoint slow-moving items and better predict safety stock levels for each SKU. Utilize advanced forecasting to adapt to demand changes, market trends, and seasonal shifts, ensuring optimal stock availability without excess or shortages.
annualized Cost of Goods Sold savings
Provide complete visibility into inventory across warehouses, distribution centers, and in-transit stock. Utilize geospatial and predictive tools to quickly locate inventory and optimize its movement, efficiently addressing demand shifts or supply imbalances.
Simplify complex inventory analytics, enabling teams to optimize inventory levels, reduce costs, and respond faster to demand changes with confidence
Automate data and analytic workflows and identify potential internal and external signals before they cause stockouts or overstocking.
Use AI, LLMs, and code-free predictive analytics tools for more effective inventory management and decision-making efficiency
Our model in Alteryx in constantly making predictions based on thousands of variables – from product data to raw material supplies. The data we get back is highly accurate, and when it’s combined with our procurement and manufacturing teams’ knowledge, it’s a powerful combination.
Before it would have taken me a year to create this one report on 5-year forecasts and now we can run 3,300 active material numbers in less than 3 minutes. The time savings that we’ve experienced with just this one report is astronomical. I don’t think I could even do this role without Alteryx. I’d only be able to do a handful of material numbers instead of all of them.
