SIP Premium content

Sterling Intelligent Promising Premium

The Sterling Intelligent Promising Premium package extends the capabilities of the Essentials and Standard packages with predictive artificial intelligence (AI) and machine learning (ML). Sterling Intelligent Promising Premium provides all the features of the Standard package and extends its capabilities with AI-powered prepurchase and post-purchase optimization.

With the help of predictive AI and ML models, Sterling Intelligent Promising Premium offers the following capabilities.
Prepurchase and post-purchase optimization and promising
Predictive AI and ML models analyze historical data and predict the possibilities of order cancellation. Fulfillment managers can benefit from mitigating risks even before the orders are placed and optimize the promising and fulfillment strategies.

For more formation about cost-based optimization and promising capabilities, see Scenario: Calculate prepurchase shipment assignments and minimize the cost-to-serve.

Cost drivers optimization
Predictive AI and ML models predict and account for the cost drivers and recommend cost-efficient sourcing recommendations. The AI and ML models analyze cost drivers, such as carrier services, transit rates, shipping cost, processing cost, and node-balancing cost based on historical data for computing the most cost-efficient sourcing solution. Sterling Intelligent Promising Premium package offers cost-based promising and optimization, which helps fulfillment managers in fulfilling orders at minimum cost-to-serve.
Stockouts and markdowns reduction
Predictive AI and ML models predict the possibilities of monetary loss due to stockouts and inefficient inventory operations. It incorporates the stockout avoidance cost into promising and fulfillment calculations and optimizes the cost drivers. Fulfillment managers can benefit from Sterling Intelligent Promising Premium for reducing inventory optional costs and avoiding markdowns.

For more information about stockouts avoidance and markdowns avoidance, see Optimization objective: Avoiding stockouts and Optimization objective: Avoiding markdowns.

Sterling Intelligent Promising Premium offers AI explainability, which helps in visualizing how real-time sourcing decisions are made based on cost drivers.

Watch this video to learn about the capabilities of Sterling Intelligent Promising Premium edition.