To assist retailers and industries in overcoming challenges such as unbalanced inventory, product shortages, and difficulties in purchasing and distribution planning, Neogrid – a technology and data intelligence ecosystem that develops solutions for supply chain management – has revamped its Distribution Requirements Planning (DRP) solution. The new modules offer greater 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 volume;and thenewcockpit.
The development of new features was driven by the desire to address the main pain points of companies, such as 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 unhelpful dashboards that hinder the connection between data and actions.
On the first day, calledDRP PurchasesThe solution ensures the ideal availability of products without affecting cash flow and optimizes purchasing and restocking. Among 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 the adjustment of stock policies, such as parameterizations of thelead timeand delivery frequency, providing flexibility and efficiency, as well as greater budgetary control.
Meanwhile, the second journey, calledDRP Distribution, performs inventory balancing, assisting 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 restocking planning between branches, enabling flexibility in adjusting the urgency of each unit. In this way, it automates the suggestion of transfers between units, enhancing the flow of products in a quick and efficient manner.
In both journeys, Neogrid integrated four package levels:Starter; Business; Full; andCorporateThis flexible structure allows the solution to be acquired in a modular and customized way, perfectly matching each client's desires. With this, it is possible to cover a wide range of specific demands, providing customized solutions that address the particular concerns of each business.
New features optimize operational processes
In addition to segmentation, Neogrid presents new features for the DRP with specific solutions for different challenges faced by retail and industry. One of them is thesupply of similar products, which 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 demand fluctuations.
Already thereleased volumeEnables the allocation of purchase orders based on the authorized quantity for the item, according to the supplier's information provided by the customer. This helps prevent breakdowns and increases agility in management and in meeting demands, solving the problem of lack of flexibility to efficiently control purchases. It also reduces the difficulty customers face in replicating 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 charts, allowing for customization in data visualization, which facilitates decision-making and analysis development. This improvement addresses a common limitation in other platforms, which often presentdashboards ineffective, without generating real value for customers or promoting connection with the necessary actions.
“Imagine the moment of frustration when a customer abandons a shopping cart, whether physical or online, due to a lack of available products. In a competitive retail environment, every second counts, and an abandoned cart can mean a lost sale. For both retail and industry, the reformulation of the DRP reflects our commitment to offering solutions that truly focus on the specific demands of each customer, whether in retail or industry. With the new levels of packages and customizable journeys, we ensure greater flexibility and efficiency in supply chain management,” says Dionaldo Passos, director of Neogrid’s Supply Chain business unit.
What is 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 shipped along the supply chain. This helps to avoid both excess inventory, which can tie up unnecessary capital, and stockouts, which can lead to lost sales and dissatisfied customers. With the DRP, companies can ensure that products are available to consumers without incurring costs of overproduction or excess storage, optimizing cash flow and improving customer satisfaction.
