The company’s collective buying power is a tremendous asset that should be leveraged. While this is easy to see, it’s not so easy to do. The fact is too many companies have no way to harness their buying power and are frequently burdened with either excess carrying costs or inventory shortages.
Fully utilize your company’s collective buying power with JDA Order Optimization. JDA’s highly-scalable solution is designed to generate optimal purchase order and VMI requirements to help companies increase revenues through reduced ordering and logistics costs. Leveraging advanced, optimization logic and capabilities, JDA Order Optimization transforms the time-consuming, laborintensive process of vendor order creation and enables buyers to more effectively invest inventory dollars while meeting or exceeding service level objectives.
Key capabilities of JDA Order Optimization:
- Leverages advanced capabilities and optimization logic to generate optimal replenishment orders to their suppliers
- Generates multi-tier, time-phased orders that respect network, vendor and transportation constraints
- Considers demand forecasts, committed orders, safety stock, presentation needs, coverage and allocation strategies, manufacturing constraints and stock availability
- Manages product transitions, auto-order approvals, economic trade-off ordering with forward buy optimization and integrated promotion ordering
- Determines the time-phased netted needs throughout the network to feed the order requirements
- Supports both joint and product order point rules
- Weights and evaluates impact to service level across the SKUs on the order to determine if the order is due
- Considers vendor to DC or vendor to store order cycles
