It all starts with a deep understanding of your production process. That's why we always kick off with a technical visit.

Next, we help you gather the necessary data, including your Bill of Materials (BOM), machine capacity, labor availability, historical demand, and sales forecasts.

With this information in hand, we create a digital replica of your process. We achieve this using advanced technologies like mathematical optimization, simulation, machine learning, and other artificial intelligence models.

Finally, we develop a custom-built system that synchronizes your data and empowers you to make decisions with a level of assertiveness you can't achieve today.

Once your digital process replica is validated, we can:

• Identify production bottlenecks.

• Simulate investment and restructuring scenarios.

• Optimize and adapt plans in real-time.

• Automate decisions to gain consistency and agility in operations.

• Provide predictability for your sales and finance teams.

We understand the benefits of reducing inventory levels – both raw materials and work-in-progress (WIP). We also recognize the concern of not having enough material to fulfill orders on time.

Despite this being a recurring challenge, we haven't found a truly effective inventory optimization solution here in Brazil. While many tools exist for inventory management, they don't quite hit the mark for inventory optimization.

What's the difference?

A good inventory management tool gives you visibility into everything that enters, stays in, and leaves your inventory. But it's an illusion to think that this visibility alone is enough to manage inventory well. Many vendors promise to solve the problem with accurate demand forecasts, but even that isn't enough.

You see, the goal is to keep inventory levels as low as possible while simultaneously managing the risk of a stockout.

That's why we developed Mip Stock. Beyond just forecasting demand, it actually measures the uncertainties in both demand forecasts and the lead time for each product.

With this insight, our solution then optimizes inventory policies, which are scientifically sound and validated in the industry. Ultimately, these optimized policies will tell you exactly when and how much of each product to replenish.

It might sound a bit complex, but we'll guide you through the entire process.

Watch this podcast to learn more: Boteco 4.0 - Is Inventory Management Only Solvable with Artificial Intelligence?

That's a very important question. After all, without data, there's no solution.

If you're not yet collecting data systematically, you need to start as soon as possible. The era of digitalization is here to stay.

The good news is that Mip Wise can help you with this too. Our CEO, Aster Santana, is the Head of Products for the Industry 4.0 Vertical at the Santa Catarina Technology Association (ACATE). Because of this, we have a reliable network of partners who can assist you in this initial phase, if that's your situation.

Schedule a no-obligation online meeting. We'd be happy to help you design an action plan that makes sense for your business reality.

Yes, absolutely. We have IT professionals who are highly skilled in integration and will thoroughly analyze your existing systems to make this process as seamless as possible.