Supply Chain

Supply Chain Inventory Planning

Solvanni Corporation
This Safety Stock Planning app uses industry standard formula for calculation of cost optimized service level percentages and corresponding safety stock quantities per month. The optimization considers product/location carrying cost and stock out cost, to propose the service level. This ensures that safety stock inventory is prioritized for the most important products and that excess safety stock is avoided, reducing unnecessary inventory costs. The safety stock calculations consider historical and/or forecast demand and/or leadtime variations over user selectable time periods and selection can be made between the different calculation methods to display charts on the dashboard.

Both safety stock quantities and carrying costs are computed. Specific service levels may also be imported per product/location and 'What If' cases investigated on the dashboard by entering override of service levels. Updated safety stock quantities and carrying costs are then immediately displayed.

Information

App Last Updated
Size
2 GB
Language
English
Terms & Conditions

App stats

Modules
15
Roles
4
Formulas
50
Reports
5
Complexity
Advanced

Features

Demand and Leadtime Variability Considered
  • Industry standard statistical formulae are used to calculate and present monthly safety stock quantities and carrying costs using demand data, leadtime data and both demand and leadtime data.
Cost Optimized, Imported or Direct Entry Service Level
  • Carrying cost and stock out cost values per product and location combination are used to calculate monthly cost optimized service levels which can then be used to calculate cost optimized safety stock quantities. Service levels can also be imported per product and location or directly entered on a dashboard.
Past, Future or Past and Future Demand and Leadtime
  • Calculations are done for each or these demand and leadtime sets to allow the safety stock quantity decision to take into account demand and leadtime trends.
Input Data Flexibility
  • Per product and location leadtime and cost data may be uploaded as monthly values if available and/or as static values for the product and location. The calculations will use the monthly data if it exists or as second choice the static values for the product and location. If neither exists a defined global value will be used. This enables different methods to be used for different products and location.
Calculate for any Period
  • Safety stock is calculated for a range of months not just the next month. It can be calculated for a past month and the data compared with the actual excess over forecast demand that was required in that month. This tests what the service level would have been if the app had been used at that time.
Fixed or Rolling Demand Windows
  • Choose to use demand and/or leadtime from a fixed period for the safety stock calculations for all months, or to use a rolling window of demand per month.
Dynamic Calculation
  • Select between service level sources and calculation methods on the safety stock dashboard allows immediate display of the corresponding safety stock quantities and associated carry costs.
New Product Introductions and End Of Life Products
  • Import product location specific production start and end dates to restrict demand and leadtime windows and safety stock calculation months for new or end of life products and locations.

Solvanni Corporation

Solvanni is an Information and Technology Services company headquartered in Silicon Valley. Solvanni specializes in Future State next generation Material and Digital Supply Chain, Supply Chain Visibility, Big Data and Predictive Analytics connecting Planning, Execution and Decision Making.

Website
Address

Solvanni Corporation

2296 Gomes Road

Fremont, California

United States 94539

Ph: +1 408-250-6579

Solvanni Technologies India Private Limited

16/27, B2, II Floor,

V.P Colony, North Street,

Ayanavaram, Chennai, Tamil Nadu

India 600023

Ph: +91 97100 30735
Email
sales@solvanni.com;sales-us@solvanni.com;sales-apac@solvanni.com;sales-eu@solvanni.com

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Terms and conditions

Anaplan

Application Terms and Conditions: BY CLICKING TO PROCEED WITH DOWNLOAD OF THE APPLICATION, YOU ACKNOWLEDGE THAT THE TERMS BELOW SHALL GOVERN YOUR ACCESS AND USE OF THE APPLICATION. IF YOU DO NOT WISH TO BE BOUND BY THESE TERMS, DO NOT CLICK TO PROCEED. THIS APPLICATION IS NOT PROVIDED BY ANAPLAN, INC. AND THESE TERMS ARE NOT OFFERED BY ANAPLAN UNLESS ANAPLAN IS NAMED AS THE PROVIDER ON THE DOWNLOAD PAGE. USE OF THIS APPLICATION REQUIRES A VALID SUBSCRIPTION TO THE ANAPLAN HOSTED SERVICE, WHICH IS ONLY AVAILABLE THROUGH A SEPARATE AGREEMENT BETWEEN YOU AND ANAPLAN. Application Provider. The application named on the download page of the Anaplan App Hub (the “Application”) is provided by the party named on the download page (the “Application Provider”). Anaplan, Inc. (“Anaplan”) is not the Application Provider unless named as such on the download page. Terms and Conditions. This agreement (the “Terms”) contains the terms and conditions governing your use of the Application unless you have separately agreed to other terms with the Application Provider. These Terms are entered into solely between you and the Application Provider and shall become effective upon your download, access or use of the Application. Anaplan is not a party to these Terms unless it is the Application Provider. Grant of Rights; Anaplan Agreement. The Application Provider hereby grants you the nonexclusive, nontransferrable, nonsublicensable right to use the Application solely in connection with your authorized use of the Anaplan hosted service (the “Anaplan Service”). Your right to use the Application does not include the right to use the Anaplan Service, which requires a separate agreement between you and Anaplan (an “Anaplan Agreement”). You are not permitted to copy or redistribute the Application, but you may load the Application into your instance of the Anaplan Service and modify the Application in connection with your permitted use of the Anaplan Service. Evaluation and Production Use. Your right to access and use the Application is provided on a temporary basis and is limited to evaluation use for a thirty (30) day period beginning on the date of download (“Evaluation Period”). If your subscription under the Anaplan Agreement includes the right to use the Anaplan Service for the use cases covered by the Application, then you may use the Application for production purposes after the Evaluation Period, or earlier if the Application Provider agrees. If you do not have an Anaplan Agreement that includes your right to use the Anaplan Service for the use cases covered by the Application, then your right to access and use the Application will automatically terminate at the end of the Evaluation Period without notice from the Application Provider or Anaplan. Reservation of Rights. The Application contains valuable intellectual property rights of the Application Provider and you are not permitted to use or exploit such intellectual property rights except as explicitly permitted in these Terms. The Application Provider reserves all right, title and interest in the Application except for the rights explicitly granted to you in these Terms. Your right to use the Application will terminate immediately upon any breach of these Terms by you, or upon the termination or expiration of your Anaplan Agreement. Either party may terminate these Terms at any time in its discretion by providing the other party with notice, at which time your right to access and use the Application will terminate immediately.

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