Inventory Optimization

Reduce Costs and Maximize Efficiency
with Optimized Inventory Operations

Outcome Driven Solutions specializes in extending ServiceNow's baseline capabilities to enhance inventory operations management:

ServiceNow OOTB Inventory Operations Capabilities

Some added benefits of working with ODS:

Inventory Cost Optimization

ODS helps customers achieve Inventory Cost Optimization by extending foundational capabilities with advanced analytics and intelligent automation. We integrate predictive demand planning to anticipate future inventory needs and dynamically adjust reorder points to prevent costly overstocking and shortages. Additionally, ODS identifies dormant or underutilized inventory and enables its redistribution, reducing unnecessary purchases and freeing up capital. By automating inventory workflows and providing actionable insights, organizations can streamline inventory operations, improve cash flow, and drive measurable cost savings.

Dynamic Reordering Systems

Dynamic reordering systems leverage real-time data to adjust inventory levels based on actual demand, ensuring the right items are available when needed. This prevents shortages that disrupt operations and excess stock that ties up resources. By building on this foundation, ODS can implement advanced predictive analytics and automated prioritization to anticipate future needs, further reducing costs and optimizing inventory performance.

Final Destination Verification

Final destination verification ensures inventory items are delivered accurately to their intended locations, enhancing accountability and minimizing discrepancies. This foundational capability reduces errors and lost inventory, improving operational reliability. ODS can extend this with real-time location tracking, proactive exception handling, and verification audits, creating a seamless and error-free inventory delivery process.

Internal Asset Redistribution

Internal asset redistribution identifies underutilized inventory and reallocates it to areas where it delivers the most value. This reduces waste and maximizes the use of existing resources. ODS enhances this capability by adding intelligent redistribution workflows and real-time visibility into dormant inventory, enabling faster, data-driven decisions that reduce unnecessary purchases.

“ODS transformed our processes.

Our holding costs dropped by 13% and we significantly improved our cash flow."

Charles S, Director of IT Financials

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