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 decrease inventory cost 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. 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 levels for increased profit and 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
  • Automatically calculate economic order quantities, lead time variability, and inventory levels using the intelligent planning advisor and user-defined business rules
  • Consider profitability when determining optimal service level versus working capital
  • 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 inventory plan with replenishment planning. 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 Distribution Centers
  • Base replenishment on product characteristics include shelf-life and FIFO rules
  • Provide automatic or user-approved purchase or manufacturing order release based on revenue, cost, and margin
  • 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
  • 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 relative to 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
  • 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 based on your most important metrics to ensure peak inventory management performance
  • Bulid and compare "What If" scenarios to analyze the trade-off between service level and inventory investment
  • 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 variety metrics

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

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