ATLAS PLANNING SUITE

Inventory Management

sort_by_alpha INVENTORY MANAGEMENT OVERVIEW

Inventory Management

Meet demand while lowering inventory investments

Inventory Management helps balance supply with demand, allowing you to improve cash flow and profitability while increasing service levels and eliminating stock-outs.

We power multi-enterprise solutions that allow your team to create models for the entire supply chain. With Atlas, you gain an understanding of profitability now and when making key decisions for optimal service levels and reinvestment of working capital.

Optimizing inventory management allows enterprises to better allocate their spending for business growth throughout the year, and model inventory policies that can drive continuous improvement. No matter when your peak or slow seasons happen, securing inventory management software today is the best way to prepare for what’s next.


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Inventory Management

Inventory Planning

At the core of Atlas Inventory Management (IM) is a comprehensive set of planning tools. IM makes it easy to intentionally plan your inventory policies for increased profit. With Inventory Management, you can achieve a more streamlined business that focuses on the big picture for your revenue.

  • Aggregate inventory and projected inventory levels through inventory planning hierarchies
  • Plan inventory replenishment on a monthly, weekly, or daily basis using synchronized time buckets
  • Segment products and set inventory policies such as safety stock, hedging stock and order quantity based on relevant characteristics
  • Automatically calculate economic order quantities, lead time variability, and inventory levels using the intelligent planning advisor and user-defined business rules
  • Balance working capital against cost incentives to maximize profitability
  • Test and measure impact and risk of specific inventory policies and decisions
  • Identify and remedy causes of persistent inventory issues
  • Find opportunities to implement lean stocking strategies such as SKU rationalization and postponement
  • Optimize inventory levels by product or product group
  • Plan and model across your entire supply chain network

Replenishment Planning

Out-of-stocks hurt business by damaging sales and reputation. Don’t let them happen again.

Atlas makes it easy to execute a reliable replenishment plan across your entire supply chain. Know when and how to replenish based on a variety of factors, then use the same system to generate purchase, manufacturing, and transfer orders. Inventory Management even supports multi-echelon distribution and replenishment across specific customers & locations.

  • Automatically calculate time phased inventory projections as well as the recommended purchase, manufacturing, and transfer orders between inventory locations
  • Base replenishment on product characteristics including shelf-life and FIFO rules
  • Provide automatic or user-approved purchase or manufacturing order release based on revenue, cost, and margin
  • Experiment with alternate distribution models including hub-and-spoke and manage the tradeoffs in operating cost and working capital
  • Base calculations on lead time, customer service level, and inventory optimization needs
  • Support multiple order quantity policies, as well as strategies covering multiple locations and customers
  • Model the cost of various supply chain activities to maximize profitability, including inventory rebalancing and order expediting
  • Manage multi-echelon distribution and inventory replenishment plans by creating dynamic networks
  • Combine independent and dependent demand streams to reduce risk allowing for reduced variability

Vendor Managed Inventory (VMI)

Every supply chain is full of a multitude of moving parts, and your inventory planning must account for this. Atlas IM includes a true multi-enterprise suite for planning per vendor. Our VMI includes point-of-sale (POS) and shipment data designed to build forecasts of required inventory per customer locations.
VMI enables business decisions at macro and micro levels for every partner in your supply chain.

  • Automatically define inventory levels required at each customer location
  • Forecast customer locations using POS and shipment data
  • Calculate customer order release schedule
  • Collaborate with customers regarding inventory policy options
  • Build truck and container loads for product movement from your distribution centers to your customers
  • Manage multi-level distribution and inventory replenishment plans by creating dynamic hierarchies

Safety Stock Analysis & Simulation

You need the right amount of stock on hand to accommodate changes in demand if you’re going to hit your customer service targets. So, we built Atlas to make that easy.
Our IM gives you all the tools you need to quickly optimize safety stock, reorder points, lead times, and service levels under a variety of challenging scenarios. It’s the business tool you need to always say “Yes” to that next order.

  • Consider both demand and supply side variability when optimizing safety stock
  • Utilize multiple types of safety stock calculations to handle slow moving and fast moving seasonal and intermittent models
  • Optimize safety stock levels based on balancing stock-out costs and working capital
  • Bulid and compare "What If" scenarios to analyze the trade-off between service level and profitability
  • Use time-phased safety stock to account for demand and supplier variability over the planning horizon

Reporting and Analytics

Find actionable insights and measure your success with Atlas. You can use advanced IM analytics and reporting capabilities to investigate, understand, and optimize your performance. Plus, you’ll have the most robust communication tools to share KPIs and results with every stakeholder.

  • See a complete inventory management picture using flexible reports
  • Slice and dice data to find actionable insights with advanced analytics
  • Track KPIs and measure performance with a configurable library of metrics

Inventory Management is part of John Galt’s modular solution Atlas Planning, a complete end-to-end supply chain planning solution. See it in action with a free demo with relevant data.

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