Minimize Inventory Investment, Maximize Customer Service
Figuring out the right stock levels can be quite a task. You need the right product, in the right location, at the right time-without carrying too much inventory buffer. RockySoft’s Demand Manager (DM) software for Distribution delivers the tools you need to make better stocking decisions. This visually based, graphical, and easy-to-use application integrates demand forecasting, inventory planning, and helps you effectively manage on-hand inventory levels.
Carrying extra inventory, especially for extended periods of time, can quickly eat away at margins. RockySoft’s Demand Manager synchronizes stock levels with forecasted demand. With DM, you’re armed with key forecasting tools to help you anticipate future customer demand. Exception-based forecasting, with the help of Exception Signals, lets you prioritize and keep a close eye on key products. At the same time, forecast deviation tools provide the visibility to see which SKUs are at risk-even across multiple distribution centers. You know what to carry and when to carry it, improving fill rates and customer service levels.
Do some of your customers think in ‘weeks’ and others in ‘months’? Demand Manager allows users to dynamically switch between monthly and weekly forecasting, and provides the means to evaluate which method is most beneficial to the organization.
RockySoft understands that not all inventory is created equal. Consequently, multiple safety stock methodologies have been put in place. Service parts that sell intermittently, items that tend to sell in lumps, and regular movers are all treated differently to get just the right amount of inventory at the right place, at the right time.
RockySoft’s Demand Manager combines multiple forecasting and planning methods to create best-fit forecasts and safety stock quantities:
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Our integration of new and best practices in inventory management has made our Pack Light Inventory Management SuiteTM and accompanying services the leading inventory management solution for mid-market businesses.
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