Inventory GeoTracking
Global Inventory geotracking

REAL-TIME VISIBILITY ON YOUR INVENTORY FLEET

OPTEL’s Inventory GeoTracking solution provides real-time visibility on the inventory flow, levels and geolocation of your assets. The solution provides visibility on where your products are in real time and when your assets will arrive at a specific node in the supply chain. It sends you notifications of anomalies or delays to minimize impact on on-time deliveries and costs.

It can be implemented as a stand-alone solution or provide an additional layer of inventory management (SAP, ERP).

HOW THIS SOLUTION CAN HELP YOUR BUSINESS

  • Visibility

    Gain Visibility on Product Flow/Inventory

  • Agility

    Increase Inventory Turnover, Agility and Accuracy

  • Reduce Recall Costs

    Improve Product Return Management 

  • Planning

    Enable Advanced Demand Planning

  • Product Management

    Improve FIFO x FEFO Management

  • Track Inventory Levels

    Enable Accurate Inventory Forecasting

  • Wharehouse Management

    Reduce Risk of Shortages or Spare Volume

  • Obsolescence Minimize

    Minimize Excess and Obsolete Inventory

  • Importation

    Prevent Transportation Delays

  • Digitizing process

    Replace Manual Data Entry Processes

  • Distribution on time

    Increase On-Time Delivery

  • Performance

    Obtain a Consolidated View from Numerous Data Sources in One User Interface

Data Collection GeoTracking

HOW IT WORKS

We digitized, captured and empowered traceability data from inventory levels, logistics and movement throughout the supply chain. The history of each product within the inventory is digitized and combined with the aggregation of the parent-child relationship data to improve forecasting and management of expiring products, increase inventory accuracy and decrease costs.

CARBON FOOTPRINT ASSESMENT 

OPTEL can track and trace the carbon emissions of your inventory to help your business reach its sustainability goals. This option involves adding type and context to the data-capture process.

Learn more
GeoT Mapping

KEY FEATURES

  • Modular and scalable approach
  • We connect and quarterback your ERP system (SAP, MES, WMS, etc.)
  • Connect with multiple data sources with query capabilities
  • Intuitive and user-friendly with a configurable interface
  • Alert systems with customized dashboards
  • AI-powered predictive inventory forecasting
  • Real-time data processing to constantly enable proactivity versus reactivity
  • Ability to capture data through 2D, 1D, RFID, IoT
  • Carbon footprint assessment by product (optional)
  • Tracking of physical assets and transactions
  • Meets regulatory requirements and GS1 standards
  • Secure platform with controlled user access
  • Data integrity: incoming source from trusted contributors

SOLUTION OPTIONS CAN BE COMBINED OR STAND ALONE

1

INVENTORY VISIBILITY

Gain real-time inventory visibility at every step of your supply chain

  • Digitize your paperwork
  • Reduce Excel usage
2

OPTIMIZED INVENTORY MANAGEMENT

Improve and optimize your inventory management practices with data empowerment for:

  • Real-time visibility on product flow, inventory levels and geolocation  
  • Stock rotation methods (FIRST IN/FIRST OUT, FIRST EXPIRED/FIRST OUT)
  • Accurate inventory material costing
  • Configurable to your Inventory KPIs, enabling creation alarms (accuracy, safety stock, reorder point, turnover ratios, excess and obsolete, etc.)
3

INVENTORY CONTROL

Supply chain anomaly detection:

  • Supply chain diversion
  • Precise call to action (aligned action priority)
4

ADVANCED OPTIONS

The Inventory GeoTracking solution can be easily scaled to other modules to add value for your business.

DISRUPTIVE AI 

Add inventory planning powered by artificial intelligence to the Inventory GeoTracking solution for optimal efficiency.

  • AI-based platform for demand planning and supply chain optimization
  • Machine-learning capabilities
  • Balance supply and demand, and optimize inventory levels with improved measurements such as increased OTD, decreased costs, improved gross margin and EBITDA

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