AGR Inventory Optimiser
The Optimiser is specially designed for operations in retail, wholesale, distribution and manufacturing. It uses raw data from any ERP or transaction system and employs sophisticated forecasting methods along with established inventory management techniques to deliver proposals on purchases so as to minimise total inventory costs.
AGR – Inventory Optimiser includes the following key features:
Historical data
The system makes it is possible to view graphically historical sales, inventory levels and shortages.
Forecasting
The optimiser generates sales forecasts based on proven statistical forecasting methods, coupled with a powerful expert system that uses the most suitable forecasting method in each instance, taking into account historical sales, seasonal fluctuations, etc.
Purchasing recommendations
Established Inventory management methods, based on the sales forecasts, demand variability and other preconditions, are used to deliver manual or automatic purchasing recommendations that remove excess cost from the supply chain.
Supply chain structure
The product has the flexibility to fit any supply chain network, from single location wholesalers to international retailers with numerous distribution centres and stores.
Integration and architecture
AGR Inventory Optimiser has a 3-tier architecture and has been integrated with various ERP systems. The system is programmed in C# utilising Microsoft’s newest .Net technology and initiative.
Key Advantages
- In addition to making considerable inventory savings, the system will reduce
manual work by its automation of many inventory management tasks. - Experience from our customers shows up to 30% reduction in inventory costs.
- Improved service levels
- Less manual work and increased automation
- Increased overview with graphical display
- Reduction in transportation costs with better utilisation of trucks and containers.
- Implementation of new methodologies and smart thinking in the purchasing process
Additional modules
- ABC analysis. Two-dimensional ABC analyses, classifying items
simultaneously based on turnover value and sold units, e.g. AA, AC, BA,
etc. This enables users to prioritise their efforts in terms of the importance
of each product. - VMI – Vendor Managed Inventory supports active collaboration between supplier and wholesaler. This module allows vendors to execute forecasts and order proposals based on their clients’ data and preconditions.
- Supplier performance module enables monitoring of supplier’s service level ratio both by order lines and the number of units ordered.
- Purchase plans make it possible to create order plans for the future to increase vendor collaboration and information sharing.
- MRP – Materials Requirement Planning module makes it possible to calculate raw material needs for production items.
