Inventory Replenishment Software

The goal of inventory replenishment software is to keep inventory flowing downstream by maintaining efficient order and line-item fill rates. Doing this requires understanding what products and how much need to be flowed where based on what customers are purchasing. Many retailers and wholesalers struggle to find an inventory replenishment solution that ensures inventory is where it needs to be to satisfy customer demand while minimizing inventory investment and maximizing inventory turns.

Without this type of solution, the replenishment process can be quite daunting. Many challenges make this process complex, including store and DC disconnects, multiple channels, overstocks cannibalizing shelf space and other factors, such as promotions and varying consumer demand.

Too many times, organizations take a one-size-fits-all approach to replenishment; treating every store similarly based on the volume level and product mix received. A best-in-class inventory replenishment and order planning solution can dramatically improve the process by recommending the appropriate quantity of inventory at the store level. This in turn helps to make sure high service levels are maintained while reducing overall inventory investment.

Inventory Replenishment Software and Order Planning Solutions for Streamlined Inventory Management

inventory replenishment

A best-in-class inventory replenishment solution helps to improve inventory turns and availability, giving your customers the right merchandise where and when they want to purchase it. This step in the retail planning process optimizes order and line-item fill rates maintaining proper inventory flow downstream. For example, following the initial allocation of inventory, an inventory replenishment software solution can ensure that the right adjustments are made based on performance for ongoing inventory stocking in stores.

Inventory replenishment and order planning solutions are critical in ensuring inventory availability as part of an overall multi-channel strategy. With buy online/pick-up in store options this becomes increasingly complex. Having a clear understanding of inventory – where it is, how much is there – allows for smoother inventory replenishment and order planning. Order planning solutions are imperative for making sure business rules are met which have been set up to meet customer demand and balance an organization’s differing vendors, channels, business objectives and strategies. A sophisticated, centralized inventory replenishment and order planning solution can help to maximize inventory investment and make sure the right merchandise is available at the right location.

JustEnough Replenishment Planning and Order Planning

For improved inventory turns, reduced markdowns and improved customer satisfaction, leading retailers turn to JustEnough Replenishment Planning. With an automated workflow, this inventory replenishment software solution makes sure the right amount of inventory is available to meet service-level targets and sales objectives. JustEnough’s inventory replenishment solution provides complete planning and order flexibility by offering alternative methods. These options include everything from drop-ship suggestions to distribution center replenishment or inter-branch transfers.

JustEnough Order Planning produces a forward-looking, time-phased ordering plan that incorporates the inventory plan and the demand forecast. This flexible solution takes into account fluctuating demand, seasonality, vendor pricing minimums, safety stock and lead times, as well as other unique factors important to your business. By effectively managing the flow of inventory through the supply chain you can optimize inventory availability and offer your customers exactly what they want, when and where they want it. JustEnough helps you to better manage your overall inventory process for reduced inventory risk and optimized capital investments.

Benefits of JustEnough Replenishment Planning and Order Planning

  • Improved customer service levels
  • Increased inventory turnover rates
  • Reduced waste and markdowns
  • Decreased transfer costs
  • Optimized inventory investment

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