A solution built to minimize cost while satisfying demand
The solution developed by DecisionBrain and IBM allows to:
Minimize the logistic costs while maximizing demand coverage and preserving the European Safety Stock of banknotes
Select the correct mix of banknotes (used or new)
Minimize banknotes movements
Built on top of IBM Decision Optimization Center platform, the solution has proven to be significantly faster and more robust than the previous planning process, reducing time to 8-12 hours. Additionally the solution enables planners to have more control over the planning process and outcome, allowing for What-if analysis features and results comparison.
It is estimated that solutions delivered savings in the order of 1 million Euros per year.