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ease
features
design
support

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Description

In the realm of business, stocks encompass commodities, raw materials, and both finished and intermediate goods, representing financial investments from which we anticipate returns. Efficient inventory management is crucial for optimizing these returns on investments. Various models exist for managing inventory effectively. Among them, the Theory of Constraints introduces a contemporary business management approach through Dynamic Buffer Management (DBM), which ensures high product availability while minimizing stock levels. Additionally, we propose a distinct methodology for managing manufacturing inventories known as Demand Driven Material Requirements Planning (DDMRP), which aligns stock levels with real-time demand. By implementing a dynamic buffer management system that considers actual demand and sales, businesses can enhance their operational efficiency and responsiveness to market needs. This approach not only streamlines inventory processes but also contributes to overall financial performance.

Description

The SIMPLE-System leverages cutting-edge algorithms rooted in inventory management theory and MRP methodologies, ensuring a precise understanding of fluctuating demand and the complexities of the supply chain. It introduces an innovative model that enhances the connection between external influences on a trading company and its return on investment, alongside novel techniques for identifying ideal product assortments and reorder thresholds. Unlike traditional accounting and analytical software, SIMPLE-System functions as an automated management solution, breaking free from the constraints of merely conducting "post-mortem" analyses and retrospective evaluations of metrics such as turnover, inventory days, sales figures, margins, ROI, or stock shortages. Instead, it proactively determines optimal inventory levels and control parameters, equipping users with actionable insights to replenish stock effectively and generate timely orders for all necessary items. By employing this system, businesses can achieve a more strategic approach to inventory management, ultimately enhancing their operational efficiency and profitability.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

ABM Cloud

Founded

2009

Country

Estonia

Website

abmcloud.com/en/solution/inventory-management/

Vendor Details

Company Name

Genobium

Country

Russian Federation

Website

genobium.com

Product Features

Inventory Management

Alerts/Notifications
Barcoding / RFID
Forecasting
Inventory Optimization
Kitting
Manufacturing Inventory Management
Mobile Access
Multi-Channel Management
Product Identification
Reorder Management
Reporting/Analytics
Retail Inventory Management
Supplier Management
Warehouse Management

Product Features

Inventory Management

Alerts/Notifications
Barcoding / RFID
Forecasting
Inventory Optimization
Kitting
Manufacturing Inventory Management
Mobile Access
Multi-Channel Management
Product Identification
Reorder Management
Reporting/Analytics
Retail Inventory Management
Supplier Management
Warehouse Management

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