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Description

In the realm of business, stocks encompass commodities, raw materials, and both finished and intermediate goods, representing financial investments from which we anticipate returns. Efficient inventory management is crucial for optimizing these returns on investments. Various models exist for managing inventory effectively. Among them, the Theory of Constraints introduces a contemporary business management approach through Dynamic Buffer Management (DBM), which ensures high product availability while minimizing stock levels. Additionally, we propose a distinct methodology for managing manufacturing inventories known as Demand Driven Material Requirements Planning (DDMRP), which aligns stock levels with real-time demand. By implementing a dynamic buffer management system that considers actual demand and sales, businesses can enhance their operational efficiency and responsiveness to market needs. This approach not only streamlines inventory processes but also contributes to overall financial performance.

Description

The SIMPLE-System leverages cutting-edge algorithms rooted in inventory management theory and MRP methodologies, ensuring a precise understanding of fluctuating demand and the complexities of the supply chain. It introduces an innovative model that enhances the connection between external influences on a trading company and its return on investment, alongside novel techniques for identifying ideal product assortments and reorder thresholds. Unlike traditional accounting and analytical software, SIMPLE-System functions as an automated management solution, breaking free from the constraints of merely conducting "post-mortem" analyses and retrospective evaluations of metrics such as turnover, inventory days, sales figures, margins, ROI, or stock shortages. Instead, it proactively determines optimal inventory levels and control parameters, equipping users with actionable insights to replenish stock effectively and generate timely orders for all necessary items. By employing this system, businesses can achieve a more strategic approach to inventory management, ultimately enhancing their operational efficiency and profitability.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

ABM Cloud

Founded

2009

Country

Estonia

Website

abmcloud.com/en/solution/inventory-management/

Vendor Details

Company Name

Genobium

Country

Russian Federation

Website

genobium.com

Product Features

Inventory Management

Alerts/Notifications Yes 
Barcoding / RFID No 
Forecasting Yes 
Inventory Optimization Yes 
Kitting No 
Manufacturing Inventory Management Yes 
Mobile Access Yes 
Multi-Channel Management Yes 
Product Identification No 
Reorder Management Yes 
Reporting/Analytics Yes 
Retail Inventory Management Yes 
Supplier Management Yes 
Warehouse Management No 

Product Features

Inventory Management

Alerts/Notifications Yes 
Barcoding / RFID No 
Forecasting Yes 
Inventory Optimization Yes 
Kitting No 
Manufacturing Inventory Management Yes 
Mobile Access Yes 
Multi-Channel Management Yes 
Product Identification Yes 
Reorder Management Yes 
Reporting/Analytics Yes 
Retail Inventory Management Yes 
Supplier Management Yes 
Warehouse Management No 

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