Real Time Inventory November 2016.

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Presentation transcript:

Real Time Inventory November 2016

© Copyright 2000-2016 TIBCO Software Inc.

© Copyright 2000-2016 TIBCO Software Inc.

Why the Real-Time Inventory Accelerator? Virtually every company in every industry has some sort of inventory to run it’s business such as: Retail: Customers buy inventory directly Healthcare: Clinicians need Equipment, Medical Supplies, Medications, Beds, MRI Machines etc. Utilities/Telcos: Vehicles and Parts for Field Service Technicians, specialized equipment for repairs Knowledge workers: Need IT Equipment such as laptops, mobile devices, projectors, s/w licenses Delivering products and services to customers requires some type of inventory when and where it’s needed Out-of-stock scenarios impact customer service and lost opportunity cost to sell goods Overstock scenarios waste precious enterprise capital. Excess inventory is often perishable. Inventory tracking is spread across lots of disparate and often manual systems with little or no visibility

© Copyright 2000-2016 TIBCO Software Inc. Value Drivers System wide Availability Visibility Across all channels: mobile, website, store, partners Enable contextual conversations across all channels Any channel purchase capabilities with various delivery/pickup options Fulfillment Optimization Fulfill orders from any location Dynamic Inventory Replenishment Predict replenishment of products before they go out of stock Inventory Reallocation Accurate Financial Reporting of Inventory Forecast more efficiently future financials across all channels Reduce markdowns costs and Inventory write-offs Anticipate emerging trends or forecast behavior and act quickly Increase upsell, decrease churn Increase marketing effectiveness with better targeted offer © Copyright 2000-2016 TIBCO Software Inc.

Targeted Use: Real Time Inventory for Retailers Inventory visibility across multiple channels Real-Time, Business Rules, Predictive Analytics… Applicable in Retail © Copyright 2000-2016 TIBCO Software Inc.

Success Story: Real Time Inventory Visibility – Retail Industry Problem: Inability to provide accurate view of inventory across all locations in real-time across all channels. Solution: TIBCO’s Fast Data Platform provides the ability to have real-time visibility into inventory to all channels for both customers and associate so that they now have ability to browse products using mobile, kiosk, website or in store to check for availability and providing option to be able to pick up in store or ship from any fulfillment location Results: Providing the consumer with true omni-channel experience by allowing them to purchase an item from any channel and giving them delivery/shipment option either in store pick up or shipping from multiple fulfillment locations © Copyright 2000-2016 TIBCO Software Inc.

Success Story: Fulfillment Optimization – Retailers Problem: Increase shipping cost associated with various delivery methods (overnight, 2 day, same day) and being able to stay in competition with online retailers which have many warehouses across country and at the same time meet or exceeding customer experience and satisfaction . Solution: Use the Real-Time Inventory Accelerator to provide accurate visibility into inventory locations and quantities on hand Results: Orders being placed from any channel are evaluated in real-time. The accelerator provides excellent inventory visibility. It can easily be further enhanced to apply business rules for processes such as promotional offers or fulfillment optimization. © Copyright 2000-2016 TIBCO Software Inc.

Real Time Inventory At-a-Glance FUNCTIONAL COMPONENTS BusinessEvents Rules Calculates inventory via Business rules and Decision tables. Correlates events and data across real-time as well as historical streams to anticipate opportunities and threats - leveraging in-memory event enabled data grid. 2. Live Datamart: Operational Analytics, UI, Alerts Analyzes and visualizes information in motion, rather than information at rest. Visualize inventory in real-time Identify key business moments and act on them as they happen 5. BusinessWorks: Integration Automate data management and business processes for real time information flow between people and systems

Real Time Inventory Architecture