Replenishment Management

Optimize your inventory level to provide maximum customer service
Replenishment effectively manages your inventory level and order frequency while maximizing customer service levels. Replenishment can be seen as an extension and refinement of the capabilities offered in Inventory Management and Purchase Order and is fully integrated with these modules. Its function is to automatically provide timely and accurate information to your purchaser to assist in the evaluation of your company's purchase requirements.

Trax Distribution:Solutions offer you the ability to realize optimum stock levels for the right product mix, a high inventory return rate, and reliable lead times for customers. Replenishment Management supports multiple branches with a centralized warehouse that can manage fulfillment and direct delivery to branch warehouses

Improved turns are not just dance steps anymore
Trax Distribution:Solutions Replenishment automatically calculates order point and order quantity and allows for manually adjusted order quantities in the case of unusual circumstances. You will learn how to plan and implement proven practices that reduce the cost of inventory, increase control, and improve customer satisfaction. You will discover ways to better forecast inventory needs and costs, reduce stockouts, ensure the accuracy of inventory records, and improve the turn ratio for your products. Replenishment utilizes the repetitive elements of your purchase order and planning system and selects the best strategy for your inventory management goals.

Stop guessing! Calculate your best buy purchasing
Whenever you buy something, you incur costs. First, there is the cost of paying for the purchased material. Did you buy it at the right price? Did you buy the right quantity? Did you buy it in time to meet customer requirements? Then there are the costs of freight and of carrying the inventory until it is sold. These latter costs include capital invested in inventory; storage; obsolescence; deterioration; and, in some cases, taxes on inventory. Consider that in most companies, inventory costs represent by far the largest investment made. Trax Distribution:Solutions Replenishment Management has a wealth of automated tools to help you to minimize that investment and to develop reliable vendors who can be depended upon to deliver as expected at the lowest cost and requisite quality.

Let the seasons be your guide
A seasonal item is one for which 80% of the annual activity falls in just six months or less. Replenishment not only determines the seasonal nature of the product but determines what months are in and out of season for that product. Purchasing is automatically stopped when the product is out of season and the next season's replenishment actions are determined to ensure that the products arrive at your door when you need them and not a minute earlier.

Don't let those special circumstances stop you cold
The calculation of product variables is an automatic monthly process - unless the system senses an exception. Any exception may result in unreliable figures and could be a result of special circumstances such unusual usage, low usage, a seasonal product not yet identified, etc. Trax Distribution:Solutions put your buyer back in control by correctly identifying these exceptional circumstances and providing a single screen to help them correct the situation and get your inventory back in check

Location, Location, Location
Replenishment is designed to deal with the multi-warehouse environment. All products can have location specific parameters associated with them which include all re-order and usage data as well as any other location specific information. Factors such as sales usage, order lead times, supplier goals, and replenishment location are automatically used to determine where and how to re-supply. Replenishment supports direct purchasing from the suppliers as well as inter-branch transfer requirements.

Put your purchasing agents back in control
Trax Distribution:Solutions allow your purchaser the time to concentrate on those issues that need immediate human intervention. With our applications, Purchase Orders are suggested for approval with a variety of flags and options displayed on-screen. Your purchaser can then quickly deal with the approval of "normal" replenishment, freeing him/her to concentrate on the exceptional products such as non-stock or special order products. During the approval process, the buyer is a single click away from critical information such as system "adjusted" order quantity, stock on hand and available for sale, purchase prices of different suppliers, and surplus stock levels in other locations.