Oniqua Inventory Analytics

Oniqua’s Inventory Analytics module provides a powerful tool for inventory managers to continuously optimize their Maintenance Repair and Operations (MRO) inventory. Oniqua’s unique inventory optimization algorithms were specifically developed to manage the statistical demand profiles found in asset-intensive industries. This approach, which considers criticality, price, demand and lead time has been proven to result in inventory reduction of 15-25% with higher services levels and greatly reduced business risk.

The system features an advanced inventory segmentation methodology which allows the optimization of inventory levels to be entirely automated on an exception management basis – allowing inventory managers to focus their time for maximum effectiveness.

Oniqua Inventory Analytics provides a powerful suite of tools to manage all types of MRO inventory:

Inventory Performance Visibility – track and compare inventory performance across the organization
Inventory Optimization – Expert forecasting and statistical algorithms to optimize fast moving consumables,  
  slow moving critical spares and regional safety stock
Inventory segmentation – rules-based exception management of all inventory types
Inventory modeling – Model inventory scenarios and new item stock level.