Supply chain technology company Replan has announced the launch of a revolutionary new production planning solution, along with a £2m investment round, led by Hoxton Ventures.
The first solution to generate dynamic production sequences combined with mid-term group level planning, Replan helps manufacturers streamline complex planning and increase supply chain agility, responsiveness, and resilience.
For the first time, supply chain leaders will be able to leverage fast scenarios and responsive production sequences in the mid-term planning horizon. This will enable manufacturers to respond to disruption faster by managing inventory levels, minimising time and costs incurred through changeovers and improving operational efficiency.
The cloud-based platform uses cutting-edge AI modelling and optimisation capabilities to transform and scale production planning. Intelligent algorithms deliver flexible, repeating production sequences, improving the efficiency and clarity of integrated business planning (IBP) and sales and operations planning (S&OP) processes. Fast scenario modelling also enables manufacturers to confidently generate alternative production sequences in minutes.
Richie Barter, CEO at Replan, comments: “Manufacturers urgently need to build more agile and resilient supply chains. Many are now too complex and interconnected to be managed by outdated manual systems which lack agility and responsiveness. By empowering planners to generate dynamic production sequences at group level, Replan will make supply chain planning infinitely easier.”
The launch comes as supply chains continue to experience disruption due to the pandemic, supply shortages and geopolitical unrest. With the volume and velocity of change exposing critical technology and processing problems at the heart of supply chains, planners are looking towards new solutions to help transform production planning and quickly respond to volatile inventory replenishment needs.
Created in response to growing demand for enhanced production planning solutions, Replan is the culmination of over 10 years’ deep expertise in intelligent automation and over £5m investment. The company attracted investors with its expertise and ambition to redefine the supply chain planning process. The latest investment round led by Hoxton Ventures was secured to fuel ongoing market growth and continued innovation in production planning, including expansion to North America.
“Replan’s technology is key to keeping the manufacturing supply chain efficient and moving. The company is tackling critical planning challenges that went largely unaddressed before Covid, but that cause costs and delays for manufacturers,” adds Hussein Kanji, Partner, Hoxton Ventures.
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