Through continued development of data use and functionality, we have created a new feature within the CRIBWISE suite called Stock Optimization. As the name suggests, this Artificial Intelligence function further optimizes stock levels of consumable items, ensuring production and dramatically reducing time needed from purchasing and other stock-responsible personnel.
The targets achieved with CRIBWISE Stock Optimization ensure an equal or better level of optimization than even the most experienced users doing it manually.
Stock Optimization uses advance algorithms to track and analyze data, and is based on input values and four key criteria:
Current CRIBWISE installations have stock optimization built in, it just needs to be turned on and there are only a few basic criteria to meet:
For a full implementation, review our five-step CRIBWISE Optimization Process.