Nobody Cares About the 99% of Orders That Arrived on Time
It’s the failing 1% that will crush you. Avoiding service failure is essential in hyper-competitive service environments. But when supply chain uncertainty is the new norm, it’s easier said than done.
Cosmic Frog’s Inventory Strategy Design is a new approach to inventory strategy that combines simulation and optimization for a more accurate reflection of real-world variability for healthier inventory.
Get Detailed Results about Inventory Levels Over Time and Potential Stockouts
Because Cosmic Frog Inventory Strategy Design uses simulation, it can capture system performance over time. You get a clear picture of how inventory levels, storage capacity, and bottlenecks ebb and flow under real-world variability as the model runs.
Cosmic Frog Inventory Strategy Design Top 4 Use Cases
Answer Traditional Inventory Optimization Questions
Set and Test Inventory Policies
Determine Stocking Locations, Levels, and Reorder Parameters
Connecting Network Design to Planning and Execution Processes
“Inventory is money sitting around in a different form. The antidote is to convert this inventory to ‘ready money’ to guard against randomness and uncertainty. Simulating inventory scenarios enables companies to experiment in a risk-free environment, providing a clear inventory target with the right balance of trade-offs between costs and service to hit the bullseye.”
Deputy Head of the Corporate Logistics Department,
Sumitomo Corporation of Americas
It’s Time for a Better Inventory Strategy
Unlike classical inventory optimization solutions, Cosmic Frog Inventory Design:
Eliminates the abstractions and assumptions of optimization
Tune specific, relevant real-world controls such as customer orders, processing shipment times, replenishment frequencies, minimum order quantities, reorder points, and expediting costs to find the best inventory configuration
Frees you from predefined cost and service definitions
Define goals relevant to your own inventory strategy and evaluate trade-offs
Shows inventory performance over time
Show inventory performance over time under real-world variability to identify potential problems and prevent stock-outs
Runs hundreds of simulation scenarios in parallel
Because Cosmic Frog is 100% SaaS-based you can scale to run many scenarios concurrently