Auto Replenishment System (ARS) refers to - Automatic purchase order creation and auto-delivery of products directly to your retail store or warehouse, you can remain focused on driving sales. The bottom line is the inventory auto-fulfillment increases sales, margin and cash flow and lowers costs.
BENEFITS:
BENEFITS:
Eliminates the need for weekly ordering:Auto-replenishment creates weekly purchase orders automatically.
Reduces administrative costs: No data analysis, accessory inventory decisions or purchase order management.
Allows you to focus on handsets: Maintain your core focus and grow your business.
Keeps your store locations organized: Reduces non-selling inventory and gives you space to display what sell.
Provides Flexible Reporting: Comprehensive reporting so that results can be easily measured.
Simplifies entire procurement process: Minimal human intervention, maximum attention to detail.
Increases your sales by having the right stock: Reduces stock outs since orders are based on customer demand forecasts and handset promotional planning.
Increases your cash flow by giving you control of your inventory dollars: By combining actual sales trends with your set minimum and maximum values you control the return on investment.
Increases your margin by reducing obsolete inventory:Reduce your write offs and obsolescent markdowns by managing end-of-life product inventor.
2 comments:
Simplistic. You have first to establish the trigger. A ROP or Date.
Thanks you very much for sharing these links. Will definitely check this out..
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