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Ultriva Inventory Optimization Tool

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Ultriva’s Free Inventory Optimization Tool can help you identify whether you are a candidate to implement electronic Kanban. Now you can see how much inventory reduction you will get if you implement …

Ultriva’s Free Inventory Optimization Tool can help you identify whether you are a candidate to implement electronic Kanban. Now you can see how much inventory reduction you will get if you implement pull, and see whether pull replenishment is right for you. Find out how to get your free trial, or visit us at www.ultriva.com.

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  • 1. Where are your savings?A methodology for sizing Inventory
  • 2. 2Ultriva Inventory Optimization Tool (IOT)Ultriva’s IOT can help you identify whether you are acandidate to implement electronic Kanban.Review your history to figure out whether pullreplenishment is right for you.If you are, see how much inventory reduction you will get ifyou implement pull.
  • 3. Executive Overview of Ultriva IOA• Ultriva’s Inventory Optimization Assessment (IOA) isstructured virtual computer modeling and simulationengagement performed by Ultriva inventorymanagement experts using our patent-pendingInventory Optimization Tool (IOT).• Ultriva has successfully completed IOAs for over 100leading manufacturing firms worldwide.• Every IOA Ultriva has performed has revealedsignificant inventory savings opportunities.3
  • 4. Minimal Customer Support Produces Maximum Value• All we need from you is 6 – 12 months of historical inventory data in simple tabdelimited file format. Ultriva does the rest.• Ultriva inventory management experts will upload your data to the IOT.• The IOT will perform the following analysis tasks:– Back simulate and then graphically display historical consumption / replenishmentpatterns for each part and supplier– Calculate the material replenishment loop size for each part and then superimpose therecommended replenishment pattern over the actual historical replenishment patternfor the same period– Compare historical consumption / replenishment patterns to Ultriva’s recommendedreplenishment patterns– Calculate the impact (both inventory dollars and inventory turns) of Ultriva’srecommended replenishment methods on the parts in the IOA study– Produce both summary and detail level findings for all parts in the IOA study• Ultriva will sign an NDA with your firm.
  • 5. IOA Inventory Savings Analysis – Summary Level5S/X Ratio is the product of theStandard Deviation / Mean.calculation. It shows of “Variabilityof Consumption” for the part withinthe historical demand period.S/X Ratio is the product of theStandard Deviation / Mean.calculation. It shows of “Variabilityof Consumption” for the part withinthe historical demand period.Current vs.ProjectedInventory Values& Turns for Itemsin the IOA study.Current vs.ProjectedInventory Values& Turns for Itemsin the IOA study.• Inventory Savings = $2.3M– 71.52% improvement• 2.5X Improvement in Inv.Turns – 251.06%improvement• Inventory Savings = $2.3M– 71.52% improvement• 2.5X Improvement in Inv.Turns – 251.06%improvement
  • 6. IOA Inventory Savings Analysis – Item Level6Ultriva canperform what-ifscenarios bychanging LeadTime, Lot Size, andSafety Stock!Ultriva canperform what-ifscenarios bychanging LeadTime, Lot Size, andSafety Stock!Opportunity toreduce on-handinventory in thesystemOpportunity toreduce on-handinventory in thesystem$560K in savingsfor a single part!$560K in savingsfor a single part!
  • 7. IOA Advanced SettingsLead Time, Safety Stock, Lot Size, and Standard Deviationalgorithms can be changed to perform “what if” analysis.7
  • 8. Ultriva IOA Deliverables• Analyze and graphically display your historical consumptionand replenishment patterns by item and supplier• Identify candidate items for pull-based replenishment• Determine optimal replenishment cycle (a.k.a. loop size) foreach item• Compare and contrast recommended replenishment cycle tohistorical replenishment pattern for each item• Compute inventory savings by item and supplier• Produce and deliver a web-based ‘IOA Management OutbriefReport’ detailing inventory savings opportunities• Provide soft copies of all IOA deliverables
  • 9. Why your firm should seriously consider this offer!• The IOA provides actionable business intelligence on current-state inventory performance.• The IOA provides supporting data to help build the businesscase for change in current-state inventory replenishmentmethods.• The IOA WILL UNCOVER SIGNIFICANT OPPORTUNITIES FORINVENTORY SAVINGS.• Implementation of IOA recommendations will generate harddollar savings for your firm.• Similar IOA engagements would cost you thousands of dollarsand take weeks to complete.9
  • 10. Try it out for freeTo redeem your free trial:•Login to http://leanassessment.kanban.com•Register your company details•Wait for an email with password•Get going with your analysis10Ultriva Inc.1601 S. De Anza Blvd., #260Cupertino, CA 95014(408) 248-9803www.ultriva.comFind out if you are ready for pull replenishmentusing Ultriva’s Inventory Optimizing ToolIdentify which parts are suitable for Kanban, how to size the Kanban, how much safety stockyou should carry and the potential inventory reduction.

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