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iDistribute Advanced Planning and Replenishment:

Managing inventory levels intelligently and effectively is a key element in any organization's bottom line. The purpose of Replenishment is to find the correct balance between superior customer service, minimized inventory investment, and resource constraints such as workload and storage capabilities. Inventory levels that are too low decrease sales by causing customers to go elsewhere, and inventory levels that are too high erode profits. Consequently, the focus of the Replenishment module is to answer two simple questions with the best possible values:

· How much should I order?
· When should I order it?

To accomplish this, the data collection and math routines in the Replenishment module calculate two critical numbers: the item’s order point (OP) and high point (HP) as well as many supporting and associated values, such as the item’s usage forecast, average replenishment lead time, and excess point. You can allow the module to automatically calculate these numbers, or you can manually override values whenever necessary.

Replenishment uses information from the Purchasing, Order Entry, and Inventory Management modules to calculate stock replenishment orders, minimizing duplication of data entry and incorporating ongoing transaction data into the replenishment calculations.

iDistribute Advanced Planning and Replenishment application is designed to help an organization strategically lower inventory costs while maintaining an excellent customer service. The Advanced Planning and Replenishment application allows distribution firms to effectively track, manage and forecast demand usage patterns and seamlessly integrate those patterns into a flexible and predictable purchasing strategy.

The Advanced Planning and Replenishment application helps optimize inventory levels and therefore give a higher order fill rate.

The iDistribute Advanced Planning and Replenishment features include

Powerful tools for Demand Forecasting

Demand Management

Flexibility to tune the system

Sophisticated Analysis capabilities

Generation of Recommended to buy orders

Lead Time management

 
  
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