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Inventory Management System

Inventory management software helps you define the storage location of your products - with external suppliers or your own production for internal supply through a comprehensive inventory control software solution.

Inventory control software allows accurate business for your inventory management system. The many demand forecasting options are:
  • Demand history gives automatic analysis and suggests best ways to manage slow moving products..
  • Copy demand of old items to new replacement items.
  • Customer forecast (Efficient Consumer Response) is combined with your demand history for future demand forecasting.
  • Production demand for forecasting, allowing you to control dependent demand.
  • Monitoring forecast deviation for automatic monitoring and adjustment if necessary.
  • Promotions and market adjustments.

What to stock, when and where

The IBS inventory management system gives you an accurate, detailed schedule for stock replenishment. The inventory control software supplies you with automated purchase suggestions based on total demand figures. You can then review your inventory to reduce budgets and gain greater profitability.

IBS inventory management software is an enterprise distribution software solution that handles re-order point (ROP) replenishment with automatic purchase suggestions based on real-time inventory, sales history, lead-times and master data from all of your company's transactions.

In addition to ROP replenishment for fast-moving or volume goods, the inventory management systems can also provide distribution replenishment planning (DPR) on a hierarchy level. For each item segment, you can choose a replenishment solution that best fits your operations.

IBS inventory management software planning functionality includes:

  • Multiple simulation versions 
  • Cover-time planning
  • Automatic creation of orders based on a supply plan
  • MRP production proposals
  • Automatic purchase suggestions

Your Inventory control software solution creates both internal and external suggestions, based on:

  • Your inventory method
  • The supply network
  • Actual stock levels
  • Expected demand

Suggestions for better inventory management are available online for evaluation and can be copied to a purchase order.

Contact IBS Australia for more information on your EAI Solution and ERP Integration system requirements. »