Inventory allocation optimization: A pre-built solution for Dataiku
In this blog post, we present the Inventory Allocation Optimization Starter Kit for complex environments that was jointly developed by Grid Dynamics and Dataiku. This solution is implemented on top of the Dataiku platform and is available in the Dataiku marketplace. It is geared toward retailers, brands, and direct-to-consumer manufacturers that seek to improve supply chain operational efficiency, increase customer satisfaction, and reduce shipping costs and order splits.
We show how you can make more informed inventory level decisions to meet customer demands and cut costs by carefully considering a variety of factors, including demand forecasting, procurement, order splitting, and shipping costs with a single solution: The Inventory Allocation Optimization Starter Kit. The solution can be extended with various features such as procurement shipping capacity constraints, region-level constraints, and more. The created pipeline can also be transformed into a replenishment control solution that optimizes not only the static inventory allocation levels, but also replenishment and shipping times.