Why RastPRO™ is the right for Inventory Optimization
Proven Results. Fast return on investment (ROI) .
Access to Advanced statistical model powered by Machine Learning.
Access to Advanced statistical model powered by Machine Learning.
Access to Advanced statistical model powered by Machine Learning.
Access to Advanced statistical model powered by Machine Learning.
Access to Advanced statistical model powered by Machine Learning.
Quick Implementation with no additional IT investments needed.
Access to Advanced statistical model powered by Machine Learning.
Leverage standard integrations with ERPs (SAP, Microsoft, Oracle and others).
Leverage standard integrations with ERPs (SAP, Microsoft, Oracle and others).
Leverage standard integrations with ERPs (SAP, Microsoft, Oracle and others).
Leverage standard integrations with ERPs (SAP, Microsoft, Oracle and others).
Simple SaaS monthly contract.
Leverage standard integrations with ERPs (SAP, Microsoft, Oracle and others).
Direct Partnership with Co-Founders and Industry Experts.
Direct Partnership with Co-Founders and Industry Experts.
Leverage standard integrations with ERPs (SAP, Microsoft, Oracle and others).
Direct Partnership with Co-Founders and Industry Experts.
Proven Results working with IDEUM
+45% ROII (Return Of Invested Inventory) = GM x Turns
+ 18% Forecast Accuracy
+15% Product Availability
+35% Inventory Financial Turns
Our Modules
RastPRO™ Platform powered by Machine Learning
We provide software as a service using cutting edge statistical time-series modeling algorithms powered by machine learning. The objective is to facilitate company wide demand and supply inventory planning for finished goods and manufacturing materials, that enable solid decision making that delivers consistently superior availability and financial inventory turns.
Our RAST™ (Reliable - Accurate - Systematic -Technology) platform has 5 major modules.
1 - Demand Forecasting
We firmly believe that demand forecasting is the bedrock of business planning. Demand forecasting is no longer the responsibility of one person, department, or division. It has evolved into a collaborative business process between different groups: sales, marketing, operations, procurement, finance, and others.
We live in a world with more complexity, we have ever-growing products, shorter lifecycle of products, multiple distribution channels, different delivery options, and increasing interest rates to fund inventory. No doubt this makes a reliable and accurate demand forecast that can adapt and learn over time very critical for any business.
We designed our solution with 3 options – RastONE™, RastPRO™ and RastADV™– to precisely facilitate improved demand forecasting with the right level of tolls that your business needs.
2 - Supply Planning
Based on the demand signal, we define at a the company level service level targets, capital available to be deployed at the SKU level. We consider the following variables:
- Unit Fill-rate
- Order OTIF (On Time In Full)
- Stock - out magnitude and time impact
- Product segment fill-rate
- Multiple delivery and distribution demand options
- Lead time and variabilities
- Minimal re-order quantity, transportation unit size and costs
- Seasonality
- Specific business variables
3 - Distribution Planning
Our platform delivers a distribution plan for each SKU defining levels of inventory at the point of consumption, retail, and distribution centers.
In addition we optimize inventory transfers considering business rules and restrictions like weight, volume, storage space, and transport costs.
4 - Material Planning
Our platform manage secondary demand for aftermarket parts and materials needed for your production planning and scheduling.
Our solution works at the BOM level to drive inventory management improvements for materials, supplies and parts but at the same time finished goods.
5 - Execution & Performance Insight
Our platform will deliver a proposed order quantity at the SKU level on a daily basis. Our customers generally approves the recommendations automatically, however independently if you approve, change, or ignore the recommendation you will have the visibility to track your decision-making performance by comparing the demand forecast and supply plan recommendations vs actuals. We also help you built a Performance scorecard based on the Scattergram™ methodology with the purpose to provide insight so you can consistently elevate your performance.