ORTEC Inventory Routing for Bulk Logistics
Inefficient operational processes have a huge impact on a company’s bottom line. ORTEC’s Inventory Routing for Bulk Logistics is an integrated demand forecasting, inventory planning and route execution solution built to help companies in the bulk logistics industry improve their operational process efficiencies while also alleviating some of their major business challenges, including:
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Too frequent deliveries to “automatics” or managed inventory customers
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Delivery of quantities that average well below tank capacity;
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Increased costs of fleet operations hurt margins;
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Stifled growth due to capacity or personnel constraints;
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Empty tank management; and
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High prices associated with emergency orders.
By using the right demand forecasting and order generation tool, companies can manage these challenges and achieve bottom-line improvements. ORTEC’s Inventory Routing for Bulk Logistics solution enables companies to manage route changes in real time based on changed priorities or differences in delivery requirements. As is often the case in bulk liquid deliveries, any specific customer may require more product than planned, which impacts the total product volume left to satisfy the rest of the day’s delivery stops. With ORTEC’s Inventory Routing, real-time route changes can be made in order to successfully fulfill the remaining customers’ delivery needs.
ORTEC’s tightly integrated demand forecasting, inventory planning and route execution engine gives companies visibility into usage trends to enable them to more accurately determine future product need across the customer base. This can result in a reduced number of total trips needed to keep customer tanks full, making it possible to maximize asset utilization and reduce overall transportation spend.
Learn more about ORTEC Inventory Routing.