Inventory Navigator

Inventory Navigator

Identify, realize, and sustain savings with full cost transparency of your inventory!

Excess inventory ties up working capital, reduces liquidity, and impacts profitability. However, industrial and retail companies rely on decade-old processes and IT-systems to manage their inventory. This process is largely manual, error-prone, and doesn’t leverage today’s technological capabilities. Maximum cost transparency is crucial to identify wide-ranging savings. Yet, it is often limited. Artificial intelligence (AI) is ideal for monitoring ever-changing material demand patterns and supporting people to focus on the exceptions. But to people managing thousands of materials, it is often not available. Real-time analytics could provide instant cost evaluations of intended actions, but real-time analytics again are often not available. Therefore, it is not surprising when proclaimed saving targets are not reached. Those saving targets are often pure fiction, a consequence of not enough software support. It is long overdue to rethink inventory management from the ground up. We did – and brought to life the Inventory Navigator software.