ABM Inventory 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.
ABM Inventory Alternatives
Megaventory
Megaventory is a web-based order and inventory management solution targeted at medium-sized businesses. It's features include inventory tracking, order fulfillment, manufacturing management, invoicing, and reporting. Megaventory offers comprehensive customer support.
Megaventory is priced per user per month subscription basis. Support is available via phone and chat. Multiple integrations are available including major eCommerce platforms and accounting.
Megaventory Key Features:
* Real-time connection with Shopify, WooCommerce, and Magento.
* Integration with the Quickbooks Online accounting software.
* Connectivity with ShipStation for courier costs, tracking numbers, and shipping labels.
* Easily import and export data, extensive customization elements, and significant self-localization.
* Robust API for advanced flexibility and Zapier-ready for no-code solutions.
* Pricing rules, multiple currencies, and exchange rates.
* Support for multiple companies, locations, users and user permission settings.
* Ability to set stock alert levels, create invoices, and generate customizable reports.
* Accurate tracking of serial numbers, batch numbers, expiry dates, and barcodes.
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Canfigure
Canfigure is a modular software solution for automation of business processes and workflows. Pre-built modules include Asset Management, Computerized Maintenance Management System (CMMS), Configuration Management Database (CMDB), Service Desk, Change Management, Equipment Management and Test Validation. Any combination of modules can be implemented and tailored to specific requirements.
We specialize in migrating companies away from using Excel sheets or multiple legacy systems to maintain their critical data, by implementing a centralized, intuitive and cost-effective solution that puts you in control of your data. Furthermore, Canfigure enables unique customization capability that allows your administrators to implement system changes without Vendor involvement or further expense.
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StockIQ
StockIQ's forecasting hierarchy provides top-down data at the product-group and category levels so that you can reach general consensus about volumes and revenue. StockIQ will monitor the inventory in your warehouse and alert you if there are any problems. To help you balance your inventory efficiently, we'll recommend grouped transfers. StockIQ analyzes your promotion history to determine what is most important to the promotion response. This allows you to accurately predict the effect of the next promotions on demand. StockIQ's supplier management module lets you use actual receipt history to calculate lead times. StockIQ keeps track of the performance of all vendors. StockIQ keeps track of all dates on your orders before and after adjustments. This allows you to determine which suppliers are always on time and which ones are always late. StockIQ can help you predict when certain items will expire. StockIQ can identify excess inventory and track new items. It can also see what is back ordered.
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SIMPLE-system
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.
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Integrations
No Integrations at this time
Company Details
Company:
ABM Cloud
Year Founded:
2009
Headquarters:
Estonia
Website:
abmcloud.com/en/solution/inventory-management/
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Product Details
Platforms
Web-Based
Types of Training
Training Docs
Live Training (Online)
In Person
Customer Support
Business Hours
Online Support
ABM Inventory Features and Options
Inventory Management Software
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
ABM Inventory User Reviews
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