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How to Optimize Demand Planning and Forecasting for Your Supply Chain
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- FUNCTION
- PROCUREMENT
Gain visibility into supplier performance, risk, delivery and more.
ConverSight optimizes procurement and inventory processes to reduce inventory costs and improve cash flow.
Responsiveness & agility are key to managing a successful retail & E-commerce operation
35
%
reduction in inventory costs
15
%
reduction in expiring inventory
10
%
month to month decrease in operational costs
20
%
reduction in inbound shipping costs
Understand supplier performance
- Gain visibility across domestic and international suppliers
- Analyze supplier’s part quality
Pricing analysis
- Get proactive alerts on price increases of raw materials
- Evaluate outside disturbances that cause price fluctuations
Analyze supply risk
- Get alerts to unexpected challenge that may impact delivery rates
- Accurately estimate on-time delivery rates for future planning
Make sense of your inventory data
Understand customer behavior and purchasing patterns
Customers powered by ConverSight
Dr. Agarwal’s Eye Hospitals
“One thing we are always looking at; how do we bring down the number of SKUs? For us particularly, it’s collecting the data and looking at the fast movers and eliminating, shrinking the overall cycle of procurement with ConverSight.”
Kiran Narayan VP Supply Chain Operations
Sonic Tools USA
“ConverSight was able to supplement practically all of the shortcomings we found with our existing inventory management system, especially in the areas of reporting, forecasts and analytics.”
Galen Hagerty IT Systems Admin
MavPak Inc
“Everyone at our company became an expert in retrieving data to make information- based decisions.”
Nick C. Director of Operations
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