Increase your control over your inventory management with our artificial intelligence-powered solution.
Raise your company’s performance level to new heights. A feature-rich inventory optimization solution created for the most demanding managers.
3. IMAFS works in concert with you to optimize
your inventory
Solution oriented on the results
Stock availability management
Best practices in inventory management
Continuous support from our experts
Simplified integration
Proof of concept – evaluation of ROI before implementation
Cloud Mode
Continuous improvement and R&D
User friendly and intuitive
IMAFS gives the users full control of their inventory management settings
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4. How do we link IMAFS to your transactional
system?
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5. Features of our solution
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IMAFS calculates optimized inventory parameters on a monthly basis (classes, safety stock,
minimum, maximum, lot sizes, forecasts and lead times)
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6. Artificial intelligence :
incomparable benefits
IMAFS uses artificial intelligence to improve inventory
management and increase business’ profitability.
How?
AI allows for the analysis of a multitude of parameters
in order to make more accurate predictions. It is also
faster than both the human brain and traditional
inventory management methods.
Benefits?
Optimization of performance and profits
Improved supply chain efficiency and inventory
availability
Cost reduction
More accurate lead time and forecasting calculations
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A great tool to help in decision making !
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7. Iron Ore Company
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OBJECTIVE
Quickly reduce the inventories without decreasing the
service level and ensure better control of items
RESULTS
Global inventory reduction of 15% within the first 10 months
(29% for items controlled by IMAFS), without any diminution
of service level
Maintained availability rate of critical items
SOLUTION
Use IMAFS to classify items according to their criticality and
their demand and calculate optimized inventory parameters
(Min Max) according to this classification and service
objectives
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8. Réseau de transport de la Capitale
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OBJECTIVE
Maintain proper availability levels of parts while reducing
investment in stock
RESULTS
Between 2016 and 2019, RTC’s efforts have allowed to
increase the percentage of parts controlled by IMAFS from
16% to 67%
During these same years, RTC had been able to maintain
proper availability levels of parts while reducing investment
in stock by almost 14% on all items. This reduction amounts
to 24% if we consider only items with Min Max controlled by
IMAFS. On the other hand, the inventory turn increased
from 2,5 turns in 2016 to more than 3,5 turns in 2019
The efforts have also allowed of reducing obsolete
inventories by 36%
SOLUTION
Make more use of IMAFS functionalities as for controlling
the inventories available space in the stores
9. Canadian Malartic
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OBJECTIVE
Optimize spare part stocks for the mine’s start up and
operation
SOLUTION
Implement an inventory optimization software and
follow inventory parameters
RESULTS
Eliminated 78% of all stockouts for parts with regular
purchases and 45% for critical
Reduction of stocking levels by 14% for items
controlled by IMAFS
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10. Salade Etcetera ! Québec
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OBJECTIVE
Occupy the store space with the right parts in the right
quantity and increase the level of service of parts
consumed frequently
RESULTS
Overall inventory reduction of 2.4% in 5 months (9.4% if we
only consider the items managed by IMAFS)
Overall reduction of 17% in stock shortages (29% on class
A items)
SOLUTION
Implement IMAFS to have a dynamic management of Min
Max which takes into account the service objectives and
the space available in the warehouse
Use the IMAFS exception lists to clean up inventories and
monitor suppliers
13. Zoom Report
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Obtain a complete portrait of your inventories and benefit from our drill down functionality
to answer all your analysis needs
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14. Exception reports
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More than 30 exception reports available with ability to customize your own if required
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