|
By capturing, aggregating and providing visibility to inventory quantities and statuses throughout all your stores and distribution centers, Inventory Visibility lays the foundation for achieving optimal inventory levels across your business
- Avoid Over-Stocking—According to Food Marketing Institute (FMI), companies experience $2.5 billion dollars in losses each year due to inventory that cannot be sold.
- Avoid Out-of-Stocks—Even though many supply chains are awash in excess inventory, Grocery Manufacturers Association (GMA) indicates that stock-outs occur at an average of 8.3% globally. Frequently promoted items experience an average of 13% stock-outs.
Overview
In today's low-growth, low-margin economy, companies can succeed or fail based on their inventory control and management. You can't afford to wait days or weeks for business intelligence reports to make inventory decisions. GXS Inventory Visibility is an on-demand service that empowers your organization with timely and accurate product inventory information enabling you to monitor and proactively mitigate any potential stock-out or over-stock situations.
Features
With Inventory Visibility, you can:
- Utilize the web-based dashboard to easily view, manage and report on inventory across all your distribution centers and stores
- Use an exception-based approach to track supplier performance. Alerts appear on your dashboard to show any out of stocks as they occur. Custom searches can be created, saved and run daily to identify key inventory status points such as on-hand, on-order and shipped inventory
- Customize and track your preferred set of inventory status checkpoints, in addition to “on-hand,” “on-order” and “shipped”
- Easily establish and manage location hierarchy information
- Reduce stock-outs by measuring sales against inventory/shipment data
- Upgrade/change carrier methods for fast-moving products during demand peaks
- Trigger replenishment for supplier-managed inventory (SMI)
- Track when reorder point has been reached with/without safety stock
- Track when inventory minimum or maximum levels have been reached
|
|
What can GXS do for you?
White Papers
|
|