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Lokad is a SaaS platform for advanced inventory optimization. Lokad delivers actionable inventory decisions evaluating the consequence of a decision in $.
About
Lokad is a SaaS Platform for advanced inventory optimization. At Lokad, we optimize all fine-grained supply chain decisions - when to buy, how much to buy, where to stock, when to recount, etc and provide an end-to-end perspective on our clients’ entire supply chain. Our quantitative optimizations are predictive, business-driven and robotized and make use of the latest advances in artificial intelligence and deep learning technology to provide a full end to end understanding of our clients’ supply chains. An optimization is sector and company specific but overall Lokad is convinced that a Quantitative Supply Chain has to embrace that: All possible futures must be considered; a probability for each possibility. All feasible decisions must be considered; possibilities vs. probabilities. Economic drivers must be used to prioritize feasible decisions. Being in control requires automation of every mundane task. A Supply Chain Scientist must take ownership of the numerical results.
Key Benefits
Lokad delivers value through tailored (not plug-and-play) stock optimizations in form of the Quantitative Supply Chain that can be broken down into three elements: The vision - Decisions matter, appreciate all uncertainties, percentage of error are replaced by currency of error The Tech - Platform designed for big Data (AI/ML), Domain specific programming language ''Envision'' The execution/ implementation - Supply Chain Scientists optimizing business problems
Applications
Lokad optimizes all kind of repetitive supply chain decisions these include but are not limited to: Commerce Activities: Purchases Dispatches Prioritized recounting/Stock accuracy Dynamic Price Engineering Manufacturing & Industry: Raw Material Purchases Manufacturing Scheduling Multi-echelon Dispatches Aeronautics: Parts Investments Parts Divestments Inventory allocations