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Project Title: Customized Software for Retailers
Project Description:Customized Software is designed to maximize the productivity of our client by providing tools to assist in automating the demand/supply system, product review and delivery process. It is a two-way process between the producer (our client) and the retailers/distributors. Customized Software maintains inventory and generates new requirements in correspondence to the sale of products.
The intent of Customized Software is to facilitate the exchange of information related to retailers/distributors stock and sales and to facilitate the communication between the producer and retailers/distributors.
Customized Software implement various stock norms defined by the producer for every product and for different retailers/distributors. Stock norms depends upon various factors like season/particular months of year, demography, stock availability, etc. This process help producer and retailers/distributors to forecast the demand and thus to diminish the gap between the demand and supply.
More specifically, replenish system enables the producer to assign an administrator to manage and keep track of the stock, sale, products, maintain all the retailers/distributors details and to provide all the reports related to the same. Retailers/distributors can update their daily sales in the Customized Software and their stock details are updated accordingly. Customized Software helps our client to keep the track for the stocks of its retailers/distributors and in the auto generation of the orders.
Benefits
* Demand forecasting with improve regulatory compliance at all levels.
* Manage seasonal demand by defining auto system patterns in demand and predicting periodic ups & downs in demand and supply.
* Manage inventory replenishment needs and generate orders that provide optimal customer service and satisfaction. It helps customers to maintain inventory with minimal investment.
* Performance management tool allows management and users to create and analyze “what-if” scenarios and evaluate the effect of changes in the inventory policies prior to implementation.
* Auto-maintain minimum stock norms to meet required fill-rate level goals.
* Auto-generate order management to notify when it's time for Customized Software of a client line to meet fill-rate and optimize profitability.
* Item and vendor level economics. Application define the most cost-effective time to supply the products at the item (individual) and vendor (joint) level with minimum human involvement.
* Pattern new item demand forecast after similar or related items.
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