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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
B2wise is a cloud-centric platform for supply chain planning and execution, founded on the principles of Demand Driven Material Requirements Planning (DDMRP). By moving away from traditional MRP systems that heavily rely on forecasts, it adopts a pull-based methodology that leverages actual demand, strategic inventory buffers, and adaptive scheduling to ensure a seamless flow of materials and cash. The essential modules of the platform collaborate effectively to mitigate supply chain volatility, manage demand variations, and deliver visual, prioritized planning signals instead of convoluted and error-prone schedules. Additionally, b2wise incorporates AI-driven features, such as its innovative CommWise.AI module, which empowers businesses to create tailored S&OP dashboards, scenario planning boards, and real-time tactical hubs. This capability facilitates swift “what-if” analyses, automated notifications, buffer adjustments, and ongoing alignment between demand and supply, ultimately enhancing decision-making and operational efficiency. Moreover, these advancements ensure that companies can adapt to changing market dynamics more swiftly than ever before.
API Access
Has API
API Access
Has API
Integrations
Acumatica Cloud ERP
ArcGIS Excalibur
Epicor CMS
IFS
Infor CloudSuite Business
Infor M3
JD Edwards EnterpriseOne
Microsoft Dynamics 365 Finance
NetSuite
Oracle Cloud Infrastructure
Integrations
Acumatica Cloud ERP
ArcGIS Excalibur
Epicor CMS
IFS
Infor CloudSuite Business
Infor M3
JD Edwards EnterpriseOne
Microsoft Dynamics 365 Finance
NetSuite
Oracle Cloud Infrastructure
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
ABM Cloud
Founded
2009
Country
Estonia
Website
abmcloud.com/en/solution/inventory-management/
Vendor Details
Company Name
b2wise
Founded
2016
Country
United States
Website
www.b2wise.com
Product Features
Inventory Management
Alerts/Notifications
Barcoding / RFID
Forecasting
Inventory Optimization
Kitting
Manufacturing Inventory Management
Mobile Access
Multi-Channel Management
Product Identification
Reorder Management
Reporting/Analytics
Retail Inventory Management
Supplier Management
Warehouse Management
Product Features
APS
Automated Scheduling
Capacity Planning
Change Management
Constraint Management
Demand Planning
KPIs
MRP
Order Management
Production Scheduling
Quality Management
What-if Analysis