Odootec Inventory Management: Maximize profits, minimize costs and exceed customers expectations.
A warehouse management system is a key part of the supply chain and primarily aims to control the movement and storage of materials within a warehouse and process the associated transactions, including shipping, receiving, put away and picking. The systems also direct and optimize stock pu taway based on real-time information about the status of bin utilization. it monitors the progress of products through the warehouse. It involves the physical warehouse infrastructure, tracking systems, and communication between product stations
More precisely, warehouse management involves the receipt, storage and movement of goods, (normally finished goods), to intermediate storage locations or to a final customer. In the multi-echelon model for distribution, there may be multiple levels of warehouses. This includes a central warehouse, a regional warehouses (serviced by the central warehouse) and potentially retail warehouses (serviced by the regional warehouses).
Improve performance and process time.Odootec helps better organize your warehouse with the smart double entry inventory system.Get the most efficient stocking method and improve all your internal operations. Keep track of deliveries from your suppliers to your clients, all within a single application. Odootec prepares all operations for you, according to your own logistic rules: push rules, pull rules, make-to-order, minimum stock rules, etc. Optimize the planning and jobs with the scheduler to reduce your process time.
There are two methods of inventory control that are applicable to emergency situations:
1. reorder level policy
2. reorder cycle policy.
Both are applicable to humanitarian situations and have associated pros and cons. Note that EOQ in practice only works in a fairly stable environment where demand variability and replenishment lead-time are reasonably stable and predictable. This is not the case in an emergency. Economic order quantity is applicable in more stable environments such as refugee camps and perhaps later in a relief/recovery phase.Optimization comes from having logistics systems that can configure, procure and consolidate these packages quickly and at least cost and a distribution chain that is flexible and can adapt to changing requirements quickly and at least cost.
Information systems that facilitate transparency of the supply chains inventory levels and location + peg supply to demand provide the visibility necessary to facilitate good planning and decisions that maximize service and reduce cost.
A warehouse management system is a key part of the supply chain and primarily aims to control the movement and storage of materials within a warehouse and process the associated transactions, including shipping, receiving, put away and picking. The systems also direct and optimize stock pu taway based on real-time information about the status of bin utilization. it monitors the progress of products through the warehouse. It involves the physical warehouse infrastructure, tracking systems, and communication between product stations
More precisely, warehouse management involves the receipt, storage and movement of goods, (normally finished goods), to intermediate storage locations or to a final customer. In the multi-echelon model for distribution, there may be multiple levels of warehouses. This includes a central warehouse, a regional warehouses (serviced by the central warehouse) and potentially retail warehouses (serviced by the regional warehouses).
Improve performance and process time.Odootec helps better organize your warehouse with the smart double entry inventory system.Get the most efficient stocking method and improve all your internal operations. Keep track of deliveries from your suppliers to your clients, all within a single application. Odootec prepares all operations for you, according to your own logistic rules: push rules, pull rules, make-to-order, minimum stock rules, etc. Optimize the planning and jobs with the scheduler to reduce your process time.
There are two methods of inventory control that are applicable to emergency situations:
1. reorder level policy
2. reorder cycle policy.
Both are applicable to humanitarian situations and have associated pros and cons. Note that EOQ in practice only works in a fairly stable environment where demand variability and replenishment lead-time are reasonably stable and predictable. This is not the case in an emergency. Economic order quantity is applicable in more stable environments such as refugee camps and perhaps later in a relief/recovery phase.Optimization comes from having logistics systems that can configure, procure and consolidate these packages quickly and at least cost and a distribution chain that is flexible and can adapt to changing requirements quickly and at least cost.
Information systems that facilitate transparency of the supply chains inventory levels and location + peg supply to demand provide the visibility necessary to facilitate good planning and decisions that maximize service and reduce cost.
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