Noodle.ai + AWS
Take Noodle’s OTIF Challenge and get results in just 3 weeks!
You know the saying; results speak louder than words.
Fast track your journey to more accurate forecasting and reduce your penalties, expedite costs and inventory levels with our 3 weeks OTIF Challenge.
Investment and Results
Better OTIF prediction starting with demand signal
*as measured by wMAPE (weighted Mean Absolute Percentage Error)
Only 2 data sets required.
Review Noodle.ai’s predictions and compare with your baseline
Results in just 3 weeks. Requires minimal time commitment from your teams.
Challenge
Walmart (and other retailers) changed their OTIF (on-time-in-full) compliance rules last year from 70% to 98% with 3% cost of goods penalties for non-compliance. Consumer Good Companies are also having a hard time meeting OTIF standards due to supply chain disruption and demand changes due to COVID.
Businesses are weighing the impact of missing OTIF commitments. For a typical $10B CPG (OTIF in low 80s);
$100 - $150M
month in missed sales
$10M - $30M
in OTIF penalties
$25M - $30M
expedited freight charges to meet obligations
Many CPGs are artificially maintaining OTIF through very high inventory holdings or frequent expedite shipments ($$$).
OTIF is a complex problem
| Thousands of SKUs | Many DCs | Many Plants | Demand Volatility |
...with many challenges
| Low forecast accuracy | Low order fill rates | Excess inventory | Unpredictable Performance |
Enter Noodle.ai FlowOps Product Suite
How it works
Predict customer orders, supply, inventory, and fill rate in weekly buckets for execution horizon (typically 13 weeks)
Compute probabilistic value-at-risk (VAR) to prioritize actions
Develop AI recommendations for planner actions (expedite replenishment, pull in production order, etc)
Why it’s different
VAR was developed by Noodle to allow summarization of risk at any level of hierarchy (product, brand, geography)
Get ahead of issues predicted 2-6 weeks in the future instead of reacting to current out of stocks (as legacy control towers do)
Dramatically improves planner productivity – individual focus areas, less clerical work & better coordination with other planners
Demand and supply are highly related in the execution horizon – no other product tackles these relationships
Noodle.ai FlowOps models predict Value-at-Risk leading to improved OTIF
Enables Supply Chain Planners to focus on high-impact problem solving
Inventory Flow
Supply Chain Products
These FlowOps applications keep the perfect flow of goods in your network, supply and demand in balance and your teams collaborating.
