Stock Management (Distribution)2018-08-06T18:29:27+00:00

Every supply chain manager will testify that there’s a constant struggle to manage inventories in the supply chain. You must have enough inventory to prevent stock-out on one hand, yet minimize the cost of inventory on the other. However, we cannot maintain both a high inventory system and a low inventory system at the same time, it just doesn’t make sense.

Inherent Simplicity’s Stock Management solutions operate based on actual real-time demand. Instead of wasting time and resources on forecasting, we believe in continually analysing actual demand in order to fulfill the concept of “manage to availability” with Dynamic Buffer Management.

The primary objective of stock management is to have good availability of all items at all consumption points. The TOC solution is based on constant renewal of the consumed stocks (pull distribution), whilst readjusting the inventory targets on a daily basis.

Main Benefits

Key Features

Planning Tools

  • Determine the optimised quantity to keep in stock at all stock locations for each SKU, on a daily basis, whilst dynamically adjusting stock targets.
  • Operation synchronisation enables you to prioritise and synchronise inventory levels with up-to-date data from your distribution network.
  • Plan ahead for sudden demand changes. Adjust inventory levels according to pre-known demand shifts.

Execution Tools

  • Daily replenishment to replace stock according to actual demand.
  • A simple to understand priority mechanism to focus allocation efforts where needed the most.
  • Allocate your inventory in an optimised way, according to actual inventories on hand.
  • Optimise shipments according to the various constraints of transportation methods.

On Going Improvement

  • Stay connected to actual inventory levels, follow results, and analyse the production performance, in a continual process of improvement.
  • A wide array of tools such as a reports generator, dashboards, alerts, and a graphic and analysis option, pinpoint and prioritise where managerial attention is required.