| Inventory SoftwareIBS inventory management software defines a unique multilevel distribution network per product, defining where you store the product: with external suppliers or own production for internal supply. Forecast accuracy is key to effective inventory control software. IBS inventory software gives you the option to choose what kind of demand forecasting you would like to see in your inventory management system. You can choose from the following demand forecasting options:
- Demand history: Automatic analysis and suggested best method. Also pinpoints slow moving products.
- Copy demand: Copy demand history of old items to the new replacement items.
- Customer forecast: Combine demand history with your customer’s own forecast (Efficient Consumer Response) as a basis for future demand forecasting.
- Production demand: Use demand from production as a base for forecasting. Also lets you control dependent demand.
- Monitoring forecast deviation: 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 system supplies you with automated purchase suggestions based on total demand figures so you can reload your inventory for greater profitability.
IBS inventory management 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 system can also provide distribution replenishment planning (DPR) for an optimized inventory control system 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
IBS inventory control software 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 your evaluation and can be copied to a purchase order. For inventory software that fits your company’s needs, contact IBS today. » |
| |
