Vendor Managed Inventory (VMI)
Inventory, the most visible part of the supply chain, is difficult to balance in the handoff from suppliers, manufacturers and distributors to retailers. For all the stakeholders in the supply chain, proper inventory management and demand planning can make or break the bottom line and determine business success. Many companies struggle with inventory planning and demand balancing in their quest for improved “one number” sales and operations planning (S&OP). New-generation supply chain planning solutions, such as Softeon’s vendor managed inventory (VMI) application, help ease the gap. Softeon VMI provides inventory-demand balancing and demand planning in a single solution.
Agile Demand Planner (ADP)
ADP enhances retail performance Retail never sleeps! Staying on top of changes in demand which trigger changes in stock replenishment and inventory levels is a constant battle. A dizzying array of vendor SKUs, volatility in consumer demand, seasonal demand adjustments and lack of visibility into the demand chain present major challenges for the best of retailers and suppliers. sol_adps_screen_thAs a built-in function of Softeon Vendor Managed Inventory (VMI) solution, Agile Demand Planner (ADP) integrates the silos of sales planning, demand planning, replenishment and inventory management in a single solution. ADP allows you to create sales forecasts at any level of the supply chain which drive inventory, replenishment and purchasing execution. Softeon’s unique “demand sensing” capabilities react to near-term customer demand information, including POS data as well as store and distributor inventory levels. The Softeon ADP natively supports planning from bottom-up (actual sales) or top-down (revenue targets). ADP provides all stakeholders – budget, sales, finance, procurement, supply chain operations – relevant planning views, ensuring consistency across the supply chain network.
Distributed Order Management (DOM)
The customer fulfillment process for high-volume warehouse operations follows complex business rules. Order fulfillment requires automation at a high level to ensure accuracy of orders, quality customer service and profits. World-class order management and fulfillment requires not only innovative WMS, but an order orchestrator to provide complete visibility and control of the order lifecycle from inception to delivery.