Order Quantity Optimizer is saving millions in realizing cost-optimal inventory levels by effective purchasing and has been recognized as one of the winners in the inaugural Celonis Use Case Championship at Celosphere 2023 Current ERP and MRP systems lack smart optimization algorithms to effectively address the complexities of procurement and inventory management. Standard lot sizing techniques (i.e. fixed quantity, lot-for-lot, economic order quantity) fail to address daily dynamics, leading to rigid procurement strategies, excessive spend and high stock levels. DataLane’s OQO App balances all relevant cost factors, while adhering to business rules. This results in dynamic, cost-optimal vendor selection, ordering times and quantities. Meet demand without inefficiently tying up working capital in excess stock!