Lokad delivers the best supply chain decisions that technology can produce. Decide when to reorder and how much to reorder. Decide when to produce more or when to liquidate. Decide how re-balance stocks between locations. We provide an end-to-end solution that accounts for every demand pattern and every constraint that applies to your supply chain.
Inventory is a balance between the cost of stock and the cost of stockouts. Lokad not only forecasts the future demand in ways that are uniquely applicable to supply chain optimization, we also take into account all of your economic drivers to make the most of every single unit you buy. We do not merely minimize percents of forecasting error, but dollars or euros of error.
In order to generate a purchase order there are so many variables to be taken into account that it can be overwhelming: future demand, varying lead time, minimum order quantity, past stockouts, price breaks … yet Lokad manages as many drivers and constraints as it takes to produce the exact numbers needed by your company.