Oracle Inventory Optimization Overview
Oracle Inventory Optimization (IO) is a separate in module in Oracle Value Chain Planning (a.k.a. Advanced Planning & Scheduling).
IO is prmarily used for safety stock planning.
Oracle Inventory Optimization is well integrated with Oracle ASCP Planning. Output of Inventory Optimization (safety stocks) can be included as input in SUpply Chain Planning.
Oracle Inventory Optimization Input:
- Demand uncertainity
- Customer service level
- Supplier lead time
Oracle Inventory Optimization Input:
- Safety stock levels
- Suggested service levels