Understand and Optimize the Trade-Offs
Provides your customers with the best possible service levels for a given investment in safety stock inventory. Minimize lost sales dollars, occurrences, or shipping costs from back-up locations. If you have substitutable items, maximize sales in the most profitable substitute. Run “What-if” scenarios to fully understand the cost and impact prior to making any policy changes.
Provides your organization with the best possible trade-offs between handling, shipping, acquisition costs, and inventory investment. Select the best policy and use the “What-if” simulations to negotiate the most beneficial scenario for your organization.
How to Maximize Profits and Return On Investment (ROI)
Investment Buy Opportunities
Anytime discounts are offered, price increases are pre-announced, or extra payment terms are offered, take advantage of them utilizing predefined goals and objectives.
Balance inventory investment with service and other financial objectives. Place orders at the last possible moment while still meeting your service objectives.
Minimize Operating Costs
Place orders utilizing cost structure and objectives such that overall costs are minimized and financial objectives are met. Round to full pallets or take advantage of quantity discounts that will minimize total cost.
Adhere to Replenishment Constraints
Don’t exceed shelf space maximums or allow inventory to drop below minimum facing or display stock objectives. Set allowed spoilage percentage for short-dated products and reduce spoilage while maintaining service objectives. If the two goals are not possible, be alerted so that other adjustments can be made.
Stock Levels that Make Sense
If application quantities exist, make sure that stock quantities make sense. In other words, it doesn’t make sense to have only three of a particular type of automobile tire in stock. Most likely, your customers will buy four at a time. Likewise, no one will buy just one stereo speaker. They’ll buy at least two at a time. In a pharmacy, you need enough medication to fill a normal prescription.
Minimize Out of Stocks
You decide what you are willing to invest in service inventory and get the least possible out of stocks given that investment.
Order Building and Splitting
Build orders to cube out a truck or container utilizing the unit of measure of your choice including P&G’s
Maximize Your Return On Energy
Daily "To Do" list prompts your efforts such that you focus on only what is important
Alerts manage your time further directing your attention to possible problems that might need your attention
State of the Art Graphical User Interface makes tasks easy, efficient and enjoyable
Completely flexible data filtering allows you to filter your work to match whatever the day’s objectives might be
Mass maintenance capabilities allow you to leverage your time
Simplify Difficult Tasks
Cube-out trucks or other containers
Split orders into multiple truckloads or containers
Split drug orders such that schedule IIs and other narcotic purchase orders are DEA compliant
Plan and execute promotional purchases
Shelter inventory that you want to reserve for a future planned event or scenario using automatic data-driven controls
Group locations and/or suppliers together to minimize shipping costs