To assist retailers and industries in overcoming challenges such as unbalanced inventory, lack of products and difficulties in purchasing and distribution planning, the Neogrid – technology and data intelligence ecosystem that develops solutions for supply chain management – reformulated its Distribution Requirements Planning (DRP) solution. The new modules offer more flexibility and accuracy in inventory management, ensuring continuous supply without compromising cash flow
The new model features a redesigned interface organized into two journey formats (Purchases and Distribution) with four package levels (Starter, Business, Full and Corporate. Another novelty is the three innovative features to optimize strategic processessupply of similar products; released volumeand thenewcockpit.
The development of new functions was driven by the desire to solve the main pain points of companies, how inefficient inventory management and stockouts. The current version integrates numerous procedures by offering flexibility in inventory management and generating real value for the customer, meeting requests more efficiently and reducing the decentralization of information and less useful dashboards that hindered the connection between data and actions
In the first round, callDRP Purchases, the solution ensures the ideal availability of products without affecting cash flow and optimizes purchases and restocking. Among the other benefits are demand forecasting based on algorithms and the automation of techniques and indicators – with purchase suggestions and statistical estimates, simplifying decision-making. This journey allows for the adjustment of inventory policies, as parameterizations of thelead timeand the delivery frequency, providing flexibility and efficiency, in addition to greater budget control
Meanwhile, the second round, callDRP Distribution, achieves inventory balance, helping with local demands and ensuring the continuous availability of products without compromising operational efficiency. This system is capable of making accurate predictions to optimize the planning of replenishments between branches, enabling versatility in adjusting the urgencies of each unit. In this way, automates the suggestion of transfers between units, enhancing the product flow in an agile and efficient manner
In both journeys, Neogrid integrated four levels of packagesStarter Business; Full; andCorporate. This flexible structure allows the solution to be acquired in a modular and customized way, fitting perfectly to the desires of each client. With that, it is possible to cover a wide range of specific demands, providing customized solutions that address the specific challenges of each business
New features optimize operational processes
Besides segmentation, Neogrid presents new features for DRP with specific solutions for different challenges faced by retail and industry. One of them is thesupply of similar products, that allows a continuous and grouped flow of orders of the same type. This feature was developed to optimize the management of individual stock for each product, ensuring a faster and more efficient response to variations in demand
Already thereleased volumeenables the distribution of purchase orders based on the authorized quantity for the item, according to the information from the supplier addressed by the client. This helps prevent breakdowns and increases agility in management and meeting demands, solving the problem of the lack of flexibility to carry out purchase control efficiently. It also reduces the difficulty that customers have in reproducing acquisition practices within the platform, providing a more intuitive experience aligned with business needs
The solution also gained a new look on the main screen, with aupdated cockpitthat offers a quick and comprehensive overview of inventory planning and management. The DRP now features dynamic indicators and graphs, allowing customization in data visualization, what facilitates decision-making and the development of analyses. This improvement addresses a common limitation in other platforms, that frequently presentdashboards little effective without generating real value for customers or promoting the connection with the necessary actions
"Imagine the moment of frustration when a customer abandons a shopping cart", whether physical or online due to the lack of available products. In competitive retail, every second counts, a abandoned cart can mean a lost sale. For retail and for industry,the reformulation of the DRP reflects our commitment to providing solutions that truly address the specific needs of each client, whether in retail or in industry. With the new package levels and customizable journeys, we ensure more flexibility and efficiency in supply chain management, says Dionaldo Passos, director of the Supply Chain business unit at Neogrid
What is the DRP
Distribution Requirements Planning (DRP) is an advanced solution used by retailers and manufacturers to plan and control where, when and how much of each product should be sent along the supply chain. This helps to avoid both excess inventory, that can tie up unnecessary capital, as for his absence, that can lead to loss of sales and dissatisfied customers. With the DRP, companies can ensure that products are available to consumers without incurring costs of overproduction or excessive storage, optimizing cash flow and improving customer satisfaction
