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SLASH THE INVENTORY INVESTMENT, WITH NO IMPACT ON SERVICE

INTELLIGENT FORECASTING FOR FRESH PRODUCTS

Having your products available when your customer is ready to buy is more complex and important every year. Blue Ridge offers multiple sophisticated forecasting models for improving accuracy on fresh products. These solutions ensure product availability and prevent excess inventory and spoilage… even when seasonality and extremely long lead times are at play.

Our cloud-native technology generates a precise, day-by-day view to significantly decrease the overall inventory investment, while maintaining customer service levels around 99% in many cases.

PERISHABLE ORDER MANAGEMENT

Blue Ridge Perishable Order Management solutions make it easy to profitably replenish your perishable fresh products and help standardize your perishable ordering to extend working capital.

Built-in capabilities such as demand classification, advanced seasonality, safety stock and dynamic order cycle optimization; and shelf-life constraints minimize business risk while improving top-line revenue, working capital and profitability.

BENEFITS

  • Improved Forecast Accuracy
  • Better Service with Less Safety Stock & Spoilage
  • Right Products Available on Time in Every Location
  • User Efficiency, Accountability & Decision Support
  • Rapid Measurable Profits & New Working Capital

MANAGE LEAD TIMES

Demystify the costly challenges of unpredictable lead times. Automatically consider potential out-of-stock items by calculating the days on hand and comparing that to the lead time of the item. You can also facilitate multiple orders per week with the ability to automatically accommodate different lead times per order. The system provides SKU-level Day of Week Lead Times, synchronized with multiple order cycles within each week.

ANALYZE SEASONALITY

Use seasonal forecast adjustment planning to identify year-over-year seasonal patterns, apply goodness of fit, and pattern matching analysis – along with forecast accuracy back testing – to ensure that your seasonal profile adjustments are continually improving the forecast.

MANAGE PROMOTIONS & NEW ITEMS

Leverage automated data to decompose the unknowns of promotions and other demand planning activities, including erratic or slow movers; new item introductions; price-elastic and complementary items; product cannibalization; and order cycle optimization based on carrying/acquisition costs, insurance, shrinkage, shelf life, price breaks, etc.

DRIVE USER EFFICIENCY

Dynamically buffer inventory across all items based on a calculation of service level needs, days on hand against product spoilage, demand and lead time variability, order cycle, order size and more. Real-time alerts help users quickly pivot on new opportunities and market changes to support the company’s financial goals, without the heavy legwork.

FREE UP WORKING CAPITAL

Eliminate excess inventory and prioritize tasks to optimize profits – adding at least one full point to the bottom line. Measurable results happen in as little as 90 days from implementation. Our customers often use the savings to pay for other projects.

IMPROVE CUSTOMER EXPERIENCE

In the foodservice industry, your customers can get what they need, when they want it, at a moment’s notice, from you or someone else. Blue Ridge helps improve turns, capture lost sales and drive customer loyalty by ensuring the right products are available on time in every location.

Ready to Transform Your Business?

Schedule a Solutions Overview today!