Optiply shows the value of stock that is optimized in the dashboard: The stock value.
The following adjustments can be made in Optiply to reduce the stock value:
Follow the order agenda
It is extremely important that the planning is followed up. If this is not the case, the stock value can be too high (or too low)
Order more often for the larger suppliers
To order more often you need to reduce the order period. Regular ordering results in a lower stock, so also a lower stock value.
Check set delivery times
If the delivery time is too high, this naturally results in a high stock value. So check the delivery times again. A tool you can use for this is the 'Measured Delivery Time'.
Lower the service levels
The service levels may be set higher than our default settings. The default settings are:
Category | Gross Margin | Service level |
A | 70% | 99% |
B | 25% | 95% |
C | 5% | 90% |
Decrease order per lot size
A large lot size means that you may have an unnecessary amount of stock.
Decrease MOQ
A large 'Minimum Order Quantity' may cause you to keep unnecessary stock.
Bookings too low
Booking fewer products in than delivered, ensures that Optiply continues to give order advice, while there is still enough in stock.
Advice adjusted upwards
If a lot of advice is adjusted upwards, this will lead to a higher stock. If you follow the given order advice, the stock will automatically decrease.