Key Capabilities of Network Optimization by E3®:
- Optimizes inventory levels across the entire enterprise
- Synchronizes inventory between stores and distribution centers (DCs)
- Improves forecasting accuracy
Network Optimization takes the guesswork out of multi-tier replenishment by automatically synchronizing and analyzing inventory data between stores and DCs. To account for lead times, demand, seasonal profiles, allocation and promotions, Network Optimization provides simultaneous visibility into our electronically integrated Advanced Warehouse Replenishment by E3® and Advanced Store Replenishment by E3® applications.
Network Optimization improves DC forecasting accuracy by using a statistical aggregate of multiple store locations’ demand history. By providing visibility into store-level consumer demand patterns and changes, Network Optimization easily helps maintain fill rates at key support levels. And Network Optimization helps to reduce DC safety stock by providing insight into seasonality and demand, while anticipating order periods where demand will be greater or less than normal. By expecting these changes in DC demand, more accurate orders are placed with the vendor, resulting in lower carrying and acquisition costs.
