ORTEC Inventory Routing 12 Is Now Available

Zoetermeer, The Netherlands: A new release of ORTEC Inventory Routing is now available. With this new release, you can get drastically improved results by combining order forecasting, order generation and route optimization with real-time execution and dispatch.

Who Is It For?

Energy companies
Chemical companies
Logistics service providers (LSPs)

↓↓ Scroll down to see the new features in action ↓↓

Date30 Sep 2021

Your Inventory Routing Problems Solved

The new release introduces many exciting features developed based on feedback from our customers and the broader operations research. We have also enhanced existing functionality.

ORTEC Inventory Routing 12 extends the forecasting engine machine learning with usage analysis and safety stock calculation functionality. This results in improved performance and forecasting results. The new release also comes with new order generation functionality that lets you consolidate the usage of multiple tanks. Moreover, product stock limitations on depots have been added in the Route optimization.

Highlights in Inventory Routing 12

Consolidated Tanks

We added a module for Combined Storage which includes Consolidated Storages functionality to calculate demand and orders for a group of tanks.

Limited Stocks

We added Product Stock availability per depot to the route optimization module. The feature validates whether assigned loads on a depot do not exceed the available product amount.

Key Improvements

Improved demand forecasting: machine learning, usage analysis and safety stock optimization.
Map improvements: congestion, road type updates and performance.
Load assignment: axle weights, full loads, and off-loading rules.
Route optimizer: configuration tool, optimizer algorithm and logging.
Technical and security improvements: anonymization and platform support.

ORTEC Inventory Routing

Ideal for liquid distribution companies, the inventory routing solution dynamically forecasts demand and schedules deliveries, resources, and loads.

For more information, visit the solution page Inventory Routing, or download the brochure.

Download the brochure

Benefits

Here is how you benefit from the latest features in ORTEC Inventory Routing 12:

Forecasting customer needs: timely replenishment to boost customer satisfaction.
Fewer miles travelled mean less CO2 emissions. Lowering your supply chain’s environmental impact.
More control: volatility is a fact of life. Dealing with it just got easier.
Lowering costs without compromising service levels.
Maximizing utilization: a fleet working at peak efficiency contributes to higher margins.
Meeting safety regulations: by using off-loading sequence in compartment assignment.

About ORTEC

ORTEC is the world’s leading supplier of mathematical optimization software and advanced analytics with around 1,000 employees and offices in 13 countries around the globe. Our goal is to make applied mathematics available in a transparent, safe, and sustainable way. We distinguish ourselves by creating effective and workable models of the world in which our software is meant to function. Since our foundation, we have optimized business processes at more than 1,200 leading companies.