Inventory is a delicate balancing act. The key is having the right inventory and the right amount.
What Keeps You up at Night?
Too Much or Too Little Inventory
Managing inventory requires an ERP inventory management system designed the way you work, with visibility across multiple warehouses and locations along with easy to process transactions that go beyond simply moving materials in and out of stock.
The Right Inventory
With Advanced Inventory Management™ software that is a part of the Advanced Supply Chain Software™ suite for Microsoft Dynamics 365 for Operations, you have complete inventory visibility.
The Big Picture: Plan to Profit
Embrace an analytics-driven culture with a destination-focused business management approach. Focus is shifting to Plan to Profit from the traditional Order to Cash. This Whitepaper highlights the significant benefits of a Plan to Profit approach.
To Manage a Modern Supply Chain, You Need:
Customer Reserved/Allocated Inventory
Ability to create customer hierarchies with associated rules for assigning inventory that’s in short supply.
Simplifies the inventory consignment process and provides the visibility and control you need to manage your inventory and generate invoices at the right times.
Advanced Drop Shipment
Get clear visibility by tracking the shipment through delivery and invoicing, ensuring traceability and providing an audit trail.
Obsolete Inventory Management
Insight into obsolete or potentially obsolete inventory can have a major impact on your inventory investment. By providing this insight, inadvertent purchases of potential obsolete inventory are prevented, reducing the size of potential write-offs.
Vendor Managed Inventory (VMI)
VMI is an agreement between you and a supplier to store their inventory at your facility, with them retaining ownership of the goods until you use them. The supplier receives EDI or other forms of notification advising that number of the inventory items have been used/sold and then generates an invoice for the usage.
Trade Service Price Management
Buying components from multiple distributors can be complex because of varying pricing policies and contractual agreements. Consolidate data from multiple distributors and receive periodic updates to help ensure that buyers place orders with the most cost-effective distributor.
Vendor Performance Management
Track multiple KPIs, including on-time deliveries and average delivery time variance. Also, the application tracks total purchases, which helps when negotiating prices on future orders.
Cut to Order Management
Manage reusable reels and cut lengths of lumber, wire, and cable. Track and optimize all cuts by length and gauge and inventory usage is suggested to minimize unusable lengths.
Advanced Shipping and Receiving Date Control
Control shipping and receiving dates on sales orders, you can offer a valuable service to customers who have space or other constraints that limit their ability to accept inventory outside of specified parameters.
Advanced Inventory Management™ gives you visibility across multiple warehouses and locations along with easy to process transactions with great depth beyond moving materials in and out of stock. It has all the capabilities you need to accomplish optimized inventory. Stop losing money on inventory, get a clear picture on all inventory related activities and proliferate your profitability with Advanced Inventory Management™ from I.B.I.S.
Together, We Drive Your Revenue
We know how imperative inventory software is to the overall success of your business. Experience the comfort that comes from knowing your software will keep your inventory management in check by contacting us today. We’re dedicated to our client success, and that means YOU!
Learn More from Our Distribution Experts
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