Conceived by industry leaders, delivered by Streamba
Designed by Shell to manage their enormous global inventory, deployed on 10’s assets worldwide – IOTA is the next generation in smart inventory management.
Now integrated into VOR and made available for the open market, IOTA will revolutionise your inventory management.
Introducing IOTA: Your Ultimate Inventory Optimisation Tool
Streamba presents IOTA, the cutting-edge Inventory Optimisation Tool for Assets, designed to revolutionise your inventory management.
Leverage historical data, advanced analytics, and sophisticated algorithms to achieve optimal inventory levels, reduce costs, and ensure seamless operations.
IOTA global deployments
Why Choose IOTA?
- Decision Support: IOTA provides robust recommendations for reorder points, maximum stock levels, and service levels based on historical consumption data.
- Material Criticality Assessment: Understand the criticality of your materials with a composite index, ensuring you prioritise what matters most.
- Advanced Segmentation: Materials are classified into fast-moving, medium-moving, and other categories, each with tailored recommendation algorithms.
- Inclusion of Non-Stock Materials: Broaden your scope from inventory optimisation to comprehensive material supply chain optimisation.
Key Features of IOTA
- Core Algorithm: Determine reorder points, lot sizes, max levels, and material criticality with precision.
- Data Integration: Seamlessly integrates with your ERP systems like SAP, providing a one-stop shop for all material-related data.
- User-Friendly Interface: Enjoy an advanced UI with configurable personal and public work lists.
- Dynamic Work Lists: Identify and manage subsets of materials with smart filters and search functionality.
- Cash Preservation Feature: Balance supply and demand to optimise stock levels, preventing both understock and overstock situations.
Proactive and Reactive Inventory Management
- Proactive Reviews: Regularly review critical materials, fast-moving items, and high-cost materials to stay ahead of demand.
- Reactive Adjustments: Use IOTA during MRP runs to validate and articulate proposals for material stocking levels.
Achieve Significant Business Value
Since its inception, IOTA has delivered substantial business value, optimising inventory levels and improving efficiency. Join the ranks of successful businesses that have realised over $43 million in value by implementing IOTA.
Experience the Future of Inventory Management
With IOTA, you gain control, orchestration, and contextualization of your supply chain, ensuring you can predict, adapt, and thrive in an ever-changing market. Empower your inventory analysts with the tools they need to make informed, data-driven decisions.
Get Started with IOTA Today
Transform your inventory management strategy with IOTA. Contact us to learn more about how our innovative solution can optimise your supply chain and drive your business forward.