What is ABM Inventory?
ABM Inventory is a SaaS system designed for retail, wholesale sectors. The aim of the system is to provide continuous product availability in required quantity at the right place and in due time; reduce excess inventories (over-stocks), decrease out-of-stock levels and consequently lost sales.
Basic System Function
Auto Order:
- Create automatic order
- Order optimization down or up by amount, weight, volume or quantity
- Edit
order identifying the reason
- Create manual order
- Selecting an alternative supplier
- Tracking delayed orders
Fresh:
- The algorithm for ordering perishable goods with limited shelf life using modern methods of mathematical statistics (statistical forecasting).
- Orders for such goods are formed on the basis of current sales, residual shelf life, order execution time, and current balances.
- Also, the calculation of the target stock and order is based on the desired level of service and uneven demand for different days of the week.
Cross-docking:
- Stores replenishment system from external suppliers through CW (DC) without storing surpluses on the last one.
- Algorithm of ordering from the CW (DC) to an external supplier, considering the aggregated (total) demand of the entire chain for the product without maintaining item balances at CW (DC).
- The system provides an automatic opportunity to increase orders from stores according to the multiplicity factor of the CW (DC) order.
Categories & Use Cases
Media
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