ABM Inventory 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.
ABM Inventory Alternatives
Katana Cloud Inventory
Katana Cloud Inventory platform gives you a live look at your business, including live inventory and manufacturing management, batch tracking for end-to-end traceability, a Shop Floor App for total floor-level control, open API, and a growing channel partner network.
Real-time inventory insights
Access real-time inventory data for informed decisions, proactively preventing stockouts and overstock. Gain complete visibility into product locations, arrivals, and quantities, ensuring efficient operations and precise stock control.
Built-in purchase order management
Make informed purchasing decisions based on precise material requirements and reorder points. Issue purchase orders directly from Katana and track delay risks to meet customer demand.
Manufacturing operations management
Define your bill of materials and operations to optimize production scheduling, maintain optimal levels of raw materials and finished goods, and accurately track manufacturing costs for streamlined production.
Omnichannel sales management
Centralize all your B2B and B2C sales orders to quickly identify available items for sale and significantly optimize your order fulfillment process, leading to improved operational efficiency.
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Kechie
Kechie is an integrated Enterprise Resource Planning Software that can be used as a Software as a Service (SaaS). It simplifies the user experience while offering the most recent in cloud technology. Kechie can be easily configured to meet the growing needs of your business. The robust engine provides real-time visibility and tracking of all transactions from CRM, Sales, Inventory Management, WMS, Logistics, Procurement, Manufacturing, and Finance. This will help streamline your operations and ultimately increase profitability. It is easy to use and doesn't cost a lot. You can purchase it in separate packages, such as inventory, warehouse management, manufacturing, finance, or an ERP system that includes all of these tools. Let us show how to manage your business more efficiently and effectively.
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PBS Manufacturing
PBS™ Manufacturing inventory software is designed to assist small to medium-sized manufacturing companies in optimizing and expanding their operations efficiently. Enhanced visibility into inventory levels is essential for ensuring that materials are readily available to maintain sales momentum. A robust manufacturing software solution enables you to effectively manage stock and ensures that products are accessible for order fulfillment. Utilizing manufacturing software tailored for mid-sized or small businesses allows you to attain a real-time perspective of your shop floor, while also enhancing customer service through improved stock control. Moreover, managing excess inventory is vital, as it can occupy valuable warehouse space, making tracking essential for effective shop floor management. Additionally, a comprehensive small business manufacturing software package can provide deeper insights into actual product costs, streamline manufacturing scheduling, and align with customer demand more accurately. This complete understanding ultimately empowers businesses to make informed decisions that drive growth and efficiency.
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StockIQ
StockIQ's forecasting hierarchy provides top-down data at the product-group and category levels so that you can reach general consensus about volumes and revenue. StockIQ will monitor the inventory in your warehouse and alert you if there are any problems. To help you balance your inventory efficiently, we'll recommend grouped transfers. StockIQ analyzes your promotion history to determine what is most important to the promotion response. This allows you to accurately predict the effect of the next promotions on demand. StockIQ's supplier management module lets you use actual receipt history to calculate lead times. StockIQ keeps track of the performance of all vendors. StockIQ keeps track of all dates on your orders before and after adjustments. This allows you to determine which suppliers are always on time and which ones are always late. StockIQ can help you predict when certain items will expire. StockIQ can identify excess inventory and track new items. It can also see what is back ordered.
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Integrations
No Integrations at this time
Company Details
Company:
ABM Cloud
Year Founded:
2009
Headquarters:
Estonia
Website:
abmcloud.com/en/solution/inventory-management/
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Product Details
Platforms
Web-Based
Types of Training
Training Docs
Live Training (Online)
In Person
Customer Support
Business Hours
Online Support
ABM Inventory Features and Options
Inventory Management Software
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
ABM Inventory User Reviews
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