Optimal
Inventory Management & Procurement

Optimal’s optimization-based, rule-driven bill-of-materials generator solves comprehensive inventory management and procurement problems for minimum cost identifying savings you never knew were there!

Achieving savings through all phases of the inventory management and procurement process

From buying inventory for resale to procurement of raw materials to purchasing supplies, the Optimal Decision Optimization Solutions optimize all phases of the inventory management and procurement process, achieving measurable savings, typically 5-10%, often much more, compared to flawed spreadsheets and other less capable programs.

Features

Optimal provides optimization decision support guidance to meet your inventory and/or manufacturing requirements considering and complying with critical elements:

Individual Models Include the Following:

Hosting

Optimal Solutions are cloud based thus facilitating rapid deployment and support, eliminating most IT support costs, and enabling regular, non-disruptive updates.

The Optimal interface includes powerful data import/export features to accelerate database construction. The Optimal API provides automated data exchange and optimization for tight connectivity with ERP systems.

We Solve Real Problems

Applications

Optimal Procurement and Bid Selection

Applications enable users to determine the purchase quantities to minimize total cost considering multiple vendors, quantity discount schedules, and delivery factors. Optimal identifies for sales orders the necessary purchases of raw material or inventory to meet sales requirements from a mix of suppliers for products where each supplier has different but overlapping products available and different costs for the products.

Optimal Inventory Management

Enables users to determine inventory levels by period to meet customer demands at the minimum cost while complying with delivery, storage, production, and available to purchase constraints.

An implementation of Optimal is determining the minimum cost inventory levels to meet sales demands given order costs and safety stock requirements.

Optimal Blending, Formulation, and Product Design

Applications enable users to determine how to mix components to composition specifications at the lowest cost.

The simplest implementation of an Optimal Blending application is solving a single formula for minimum cost.

More sophisticated applications model multiple formulas across multiple time frames across multiple plants considering multiple suppliers of ingredients (the Configurations section contains additional information).

Optimal aids decision makers in optimally purchasing and allocating ingredients to manufacturing and to making final adjustments to recipes to meet quality and composition requirements at the lowest cost. In each step, incremental savings are generated while ensuring compliance with quality and regulatory standards.

industries

DESKTOP & TABLET Configuration

CONFIGURATIONS

Model Sites:

Single Site

Single Site

Single Site

Single Site +
Support Sites

Multiple Sites +
Support Sites

Model Time Periods:

Model Time Periods:

Single Period

Single Period

Single Period

Multiple Periods

Multiple Periods

Models & Associated
Tables:

Models &
Associated
Tables:

Single Product

Simple +
Sequential Single Product

Basic +
Multi Product

Standard +
Production Planning
Procurement Planning
Lot Allocation

Standard +
* Production Planning
* Procurement Planning
* Lot Allocation

Corporate +
Multi Site
Procurement

Matrix Size:

20x20

100x100

Large

Large

Large

API Included:

-

-

-

Monthly Max Solves:

100

Unlimited

Unlimited

Unlimited

Unlimited

Hosting

Support:

Simple + Email

Simple + Email

Basic + Chat

Standard + Phone

Corporate + Webinars

MOBILE Configuration

CONFIGURATIONS

1 Seat Per Site Per Year

Model Sites:Single Site
Model Time Periods:Single Period
Models & Associated Tables:

Single Product

Matrix Size:

20×20

API Included:

Monthly Max Solves:

100

Hosting:

Included

Support

Simple + Email

3 Seats Per Site Per Year

Model Sites:Single Site
Model Time Periods:Single Period
Models & Associated Tables:

Simple +
* Sequential Single

Matrix Size:

100×100

API Included:

Monthly Max Solves:

Unlimited

Hosting:

Included

Support

Simple + Email

5 Seats Per Site Per Year

Model Sites:Single Site
Model Time Periods:Single Period
Models & Associated Tables:

Basic +
* Multi Product

Matrix Size:

Large

API Included:

Monthly Max Solves:

Unlimited

Hosting:

Included

Support

Basic + Chat

8 Seats Per Site Per Year

Model Sites:Single Site +
* Support Sites
Model Time Periods:Multiple Periods
Models & Associated Tables:

Standard +
* Production Planning
* Procurement Planning
* Lot Allocation

Matrix Size:

Large

API Included:

Monthly Max Solves:

Unlimited

Hosting:

Included

Support

Standard + Phone

10 Seats Per Site Per Year

Model Sites:Multiple Sites +
* Support Sites
Model Time Periods:Multiple Periods
Models & Associated Tables:

Corporate +
* Multi Site
* Procurement

Matrix Size:

Large

API Included:

Monthly Max Solves:

Unlimited

Hosting:

Included

Support

Corporate + Webinars

Contact Optimal Answers

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Quick Links for More Information