Smart Inventory Planner

Manage your supply chain intelligently with
AI powered Smart Planner

The Ventas Smart Planner module is a comprehensive part of Sales and Distribution, offers advanced inventory demand and forecasting solution, driving accuracy and efficiency across your inventory management operations. It manages inventory analysis, demand forecasting, business rules management, decision-making, business process automation and advanced reporting. The AI engine processes inventory information from various external sources to analyze and generate precise predictive actionable events. The Orchestration Engine seamlessly executes these events in a streamlined, responsive approach. It automates your purchase operations, sales & distribution operations to reduce manual human interventions.

Our AI Engine for demand forecasting leverages advanced machine learning algorithms to sense demand in real-time and predict future trends accurately. It analyzes historical sales data, market conditions, and external factors to generate precise forecasts. It supports real-time data analysis, ensuring forecasts are always relevant and up to date. The system reads data coming from various sources including inventory levels, point of sale orders, eCommerce orders, out-of-stocks, promotions, pricing, special events, weather, and several other factors.

The AI engine also adapts to changing market conditions, enhancing its predictive accuracy over time. System feeds data into AI-powered data science models or workbenches with intuitive workflow visualizations. AI Engine offers several prebuilt AI workbench templates supporting ARIMA, SARIMAX, Hybrid, LSTM ML based algorithms.

The 6D Orchestration Engine is designed to streamline and automate complex inventory management workflows across sales & distribution business processes. It integrates seamlessly with existing systems, ensuring smooth data flow and task coordination. It provides a centralized platform where users can design, monitor, and adjust workflows as in when required. User can automate purchase order and stock distribution operations to minimize manual work processes. Automation will help operators to increase efficiency and accuracy.

The Data Collection Service is designed to seamlessly integrate collect and process data from various data sources. It supports a wide range of data formats such as CDRs, CSV, etc. and data sources which include ERP, inventory management system, CRM, etc. Data collection service processes various data and ingest towards Data Lake which will then be consumed by AI Core Engine. It supports all types of data including structured, unstructured, Semi-structured in both real-time streaming and batch-mode. It allows easy integration with operator’s existing components.

Features

Realtime Inventory Tracking and Monitoring:

Smart Planner receives continuous feeds
from various external systems and tracks goods stock levels for real-time visibility.

AI Engine

capable of processing inventory data real-time and generating actionable
outcomes based on various algorithm analysis. It supports various algorithms including
time-series, machine learning, LSTM, ARIMA, etc.

Orchestration Engine

It allows business rule configuration, schedule management.
Automate purchase and distribution operations with the help of AI Engine
recommendations.

Location wise Inventory Rebalance

Based on the location wise inventory levels, AI
recommends movement of inventory from one location to another.

Notifications

AI Engine constantly processes and analyzes inventory and notify low
stock levels, stockouts and recommended necessary replenishments.

Approval management

It allows user to configure single, multi-level, approval
workflows with SLAs and escalation metric.

Benefits

Demand Forecasting:

Demand Forecasting:

Smart Inventory Planner’s advanced data analytics and machine learning techniques help to predict future demand with accuracy

Automation:

Automation:

Smart Planner adopts and allows user to automate various business processes such as purchase/distribution order generation.

AI Recommended Inventory Movement

AI Recommended Inventory Movement

6D AI Core Engine analyses current inventory levels, geographic product demand and sales forecast across channel ecosystem and recommends appropriate inventory movement from one location to another.

Improving Supply Chain Coordination:

Improving Supply Chain Coordination:

Inventory planning aligns procurement, production and distribution operations, ensuring a smooth flow of goods and reducing delays/disruptions in the supply chain.

Supporting Demand Fluctuations

Supporting Demand Fluctuations

It helps businesses to respond proactively to changes in market demand, seasonal trends, and external factors, ensuring that inventory levels are adjusted accordingly.

Cost Efficiency:

Cost Efficiency:

Smart Inventory Planner helps in optimizing inventory levels, reducing carrying costs and avoiding unnecessary expenses related to excess inventory.

Explore Other Ventas Modules

Sales and Distribution Insights

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Ventas

Ventas, an intelligent Sales and Distribution platform, powered by 6D Technologies, offers CSPs gain complete visibility over inventory and field workforce operations. Geo-visibility and advanced analytics