Understanding Stockout Rate in Demand Planning
Stockout rate is the percentage of times an item is
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Spare Parts Optimization Pilot Program
OVERVIEW SPARE PARTS
AI-Powered Spare Parts Optimization
Unplanned downtime caused by missing spare parts costs industries up to $350,000 per hour, yet spare parts planning remains one of the toughest challenges. Intelichain’s AI-driven Spare Parts Optimization Program transforms irregular, high-cost inventory into a smart, data-based system—boosting availability, cutting waste, and saving millions. Pilot cost: $ 7,200.
Book a DemoKEY BENEFITS
Intelichain Spare Parts Framework - 5 Pillars
1. Data Foundations First
We start by structuring and cleansing your spare parts data, connecting it across systems, and establishing a single source of truth to enable accurate insights and smarter decisions.
2. Segmentation and Classification
Each part is analyzed by demand behavior, value, and criticality. This segmentation helps define differentiated policies—so critical components get priority, and slow movers don’t drain capital.
3. Forecasting and Algorithms
Advanced statistical models and AI algorithms forecast demand patterns, even for intermittent parts. The result: fewer stockouts, reduced emergency orders, and optimized replenishment cycles.
4. Inventory Policy Design
We tailor stocking strategies and service levels per segment, balancing availability and cost. Policies are simulated and validated to deliver the right part, right time.
5. Continuous Monitoring & Alerts
Dynamic dashboards track performance, identify risks, and trigger proactive alerts. The system continuously adapts to changes in demand, suppliers, and lead times.
End-to-End Optimization
Intelichain’s Spare Parts Framework integrates technology, analytics, and expert services. The outcome: higher availability, lower working capital, and a scalable, data-driven spare parts management process.
Predictive Planning Platform
Simplify Planning for Fast, Accurate Business Outcomes
Know Your Saving Potential
See how much you can save with AI-powered planning. Real numbers, based on your own data.
Set & Track Goals
Define goals for your team and easily monitor progress over time.
Respond to Changes
Spot real-time shifts in demand, supply, or performance, fast.
Forecast with Accuracy
Stop guessing. Create accurate forecasts with AI and clear policies per SKU.
Simplify Decision-Making
Replace spreadsheets with smart, automated planning that saves time.
Reduce Waste
Avoid overstock and stockouts with better visibility and planning.
Align Teams
Make sure supply, demand, sales and finance all work from the same numbers.
Boost Sales with Better Planning
Align supply with real demand to avoid lost sales and improve service levels.
Our Success Stories
“Intelichain helped us cut inventory costs by 63% and gain control over EOL and safety stock, a game-changer for our planning strategy.
COO
“Intelichain helped us improve forecast accuracy by 27% and focus on what truly drives revenue, transforming our planning and profitability.”
Head of Demand Planning
“Intelichain helped us cut $10M in inventory costs and boost forecast accuracy by 18%, transforming the way we manage demand and stock.”
VP Supply Chain
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