Inventory Management System

IBS inventory management software is an inventory control software solution that gives you a unique multilevel distribution network. It allows you to define the storage location of your products - with external suppliers or your own production for internal supply.

Inventory control software allows accurate forecast by giving you facts for demand forecasting in your inventory management system. The many demand forecasting options are:

Demand history gives an automatic analysis and suggested best way to address slow moving products.
Copy demand of old items to the 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 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: