Name: Inventory Management in the Enterprise: Intelligent System ABM Inventory
Uploaded: 2019-11-13T07:11:14.000Z
Duration: 2 min 16 s
Description: What is ABM Inventory and how actually we help our clients.

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ABM Inventory

Inventory management systems are built to handle every stage of the inventory process lifecycle. There are several essential components to most inventory management solutions, starting with order entry capabilities to handle purchase automation. Another standard feature: inventory control and warehouse management to track products and manage workflows through warehouse management. Inventory management systems also typically include distribution capabilities for supply chain management. Fully-featured inventory management systems may also include integrations with customer lifecycle service management, enterprise resource planning software, and robust financial analysis and insights.

Inventory Management

<div>ABM Cloud - we develop and implement cloud-based software solutions to improve business performance. The portfolio includes solutions for automating the entire supply chain: inventory management (production, distribution, retail), transport management, store and pharmacy management, warehouse management, financial management, loyalty platform, sales agent management, shelf space management (merchandising), mobile analytics.</div><div><br></div><div>People often think that innovation is not available to business due to the high cost and lack of financial resources, but this is only a small part of the factors. They are unavailable due to the language barrier, the mental immaturity of companies, lack of qualifications, complexity of implementation, fear of not getting a result. Our mission is to remove all these barriers by:</div><div><ul><li>SaaS models - the client pays for the product as it is used. In addition, SaaS solutions help significantly reduce costs, and invest the money saved in the development of your own business.</li><li>Promoting ideas and methodologies, as well as training at the ABM Academy.</li><li>Project management, Agile approach, involvement in customer problems and perceiving them as one's own.</li></ul></div><br>

ABM Cloud

How to deal with goods with low frequency and quantity stability? We will show how we handle it.

What is ABM Inventory and how actually we help our clients.

Inventory Management in the Enterprise: Intelligent System ABM Inventory

ABM Inventory is a cloud-based solution for managing all types of retail inventory: FMCG, DIY, Drogerie, pharmacies, toy stores, household appliances and more. The system allows you to track the dynamics of sales, stocks and their surpluses throughout the company, each warehouse, store, supplier. Customers note the following effects: reduction of missed sales by 30-60%, reduction of surplus level by 35-60%, increase of reliability of suppliers, minimization of losses.

The ability to track and manage the flow of goods or materials into and out of an inventory.

Inventory tracking

The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.

Automatic reordering

The software can be set up to automatically reorder a good when it falls below a certain threshold.

Location management

The software can track multiple goods across multiple locations.

Serial number and batch tracking

Track individual items via serial number or batches of items made or purchased at the same time in addition to total stock of item types.

Barcode scanning

The software offers UPC creation and scanning capabilities or integrations for tracking inventory.

Automation rules

Rules can be established to automate reordering items, applying tags to organize inventory, creating production orders, shipping items via specific carriers or methods, and more.

Reporting and analytics

Reports about historic and current inventory and order trends are available.

Fulfillment

When orders are received, pick orders are sent to the ideal location and fulfillment status can be tracked.

Backorder management

Backorders are prioritized and fulfilled as new stock arrives.

Returns management

Returns are processed and accounted for among orders and inventory.

Bill of materials management

The software can create and manage BOMs based on orders.

Item kitting

Items can be bundled and sold together in a kit, and the software will automate the necessary tracking and fulfillment steps to manage each individual item.

Invoicing

Invoices for orders can be created and sent, and invoices from suppliers can be managed.

Forecasting

The software predicts future inventory and order trends, and may offer reordering and production suggestions based on these predictions.

Accounting integration

The software integrates with accounting software for more comprehensive bookkeeping.

Point of sale integration

The software integrates with a point of sale system for payment processing.

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ABM Inventory

Overview

What is ABM Inventory?