Question: Can you recommend a supply chain planning software that helps optimize inventory levels and minimize stock-outs?

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Kinaxis

If you need a supply chain planning software suite to optimize inventory levels and avoid stock-outs, Kinaxis is worth a look. The software suite bundles several key functions into one package, including demand planning, supply planning, inventory planning and order planning. It uses AI to handle disruptions and uncertainty, and is designed to help with order fulfillment, sales and operations planning, and supply chain visibility. Kinaxis customers span many industries, and it's a Gartner Magic Quadrant leader for supply chain planning solutions.

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Antuit

Another contender is Antuit, which uses AI to offer sophisticated demand forecasting and omnichannel inventory optimization. The software is geared for retail and consumer product companies, with direct-store-delivery predictive ordering and intelligent order promising abilities. Antuit can handle many products, locations and channels, and has case studies showing better inventory efficiency and lower stock-outs.

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Netstock

If you prefer a more lightweight, lower-cost option, take a look at Netstock. The company offers products like Predictor IA for inventory optimization and Predictor IBP for more advanced demand and supply chain planning. Netstock integrates with ERPs and promises results like lower inventory levels and a fast return on investment. Its monthly subscription pricing makes it accessible to companies of all sizes, and onboarding typically takes less than 90 days.

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RELEX

Last, RELEX is a unified supply chain and retail planning platform that uses machine learning to improve forecasting and inventory management. It's designed for multiple customers in manufacturing, distribution and retail, with features like inventory management, supply chain planning and production planning. RELEX promises to boost sales, cut costs and improve responsiveness to market changes, making it a good option for optimizing your supply chain and inventory.

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