Why to choose STOCK-M?

STOCK-M system combines the services of assortment and inventory management. This management includes software installing, managers’ training and work procedures adjusting and changing, which allow to manage inventory transparent. Consistent work with the system allows to reduce inventory level, increase sales, improve turnover.
To create daily stock management algorithm was used TOC (Theory of Constrains) dynamic buffer management methodology (DBM).
STOCK-M system every day:
• assess the actual demand fluctuations
• lets to shorten customer service time, ensuring the necessary goods to the right place at the right time
• allows to work in an environment where demand is constantly changing.

Users of STOCK-M system are distributors, as well as the companies managing retail networks from 1 to several hundreds stores.
Usually STOCK-M system is configured taking into account each company distribution and supply schemes, so the system can work in different supply chains: centralized management, direct distribution to the stores, inventory management in customers warehouses and etc.
STOCK-M system is easy and simple to implement in companies located in several regions or countries, and even with different ERP.

STOCK-M features and benefits

STOCK-M can

  • Improve inventory turnover by increasing cash flow and reducing “frozen” funds in the stocks.

  • Manage stocks according to the actual consumption, automatically daily evaluating the necessary stock level for each SKU (stock-keeping-unit) in each storage place.
  • Optimize the replenishment of necessary quanitities of goods.
  • Reduce amount of discounts, sell-offs and write-offs which appears because of surplus.
  • Increase the effectiveness of inventory management execution and control.

STOCK-M allows

  • To evaluate company’s inventory trends.
  • To calculate daily stocks level.
  • To evaluate actual fluctuation of sales and stocks replenishment.
  • Timely inform consumers about lost sales and overstock of specific SKUs.
  • Regularly create orders to replenish the stock level.
  • To determine and compare fast mover SKUs, generating the highest profit, with slow mover SKUs, in all storage places.

STOCK-M shows

  • Daily work priorities, the tasks which should be carried out by each manager.
  • The results of each manager’s inventory management and company’s  performance’s.
  • Goods which are the most worth to invest available funds.
  • Supply reliability indicator by using DDP – Due Date Performance.
  • The distribution of the stock in the central and regional warehouses of its own, and in its customers and suppliers as well.

How STOCK-M works?

Orders

  • Automatic order creation, order split and optimization according to various parameters
    Order is created according to the agreed with the supplier delivery schedule. Also purchase order is created taking into account parameters such as: minimum order amount, minimum order weight/ volume, minimum order quantity (MOQ) per SKU.

  • Order split and redirection

    Order can be split to several orders to the same supplier, in case when several supply managers work with one supplier. Also order can be redirected to alternative supplier, when the main supplier cannot supply goods.

  • Order limits
    Purchase order can be managed according to the level of the applied limits, which system automatically calculates, in accordance with existing sales.

  • Full order automatization and monitoring
    Order can be automatically sent to supplier and automatically closed when delivered. Supply manager is informed about late orders.

  • Special and urgent order for supplier
    Urgent order can be sent to supplier, if supplier agrees to get and deliver it. There is convenient option to create and upload to the system special order, which has to be ordered from supplier.

Assortment

  • Assortment management by store/warehouse level (A, B, C)
  • Assortment management by SKU mover tags such as TOP, NON, OUT, NEW
  • Alternative SKU consolidation
    Management and consolidation of SKUs which look similar in the eyes of customer.

Inventory

  • System manages and monitors stock level in accordance with the situation of actual demand
    SKU balance is monitored and analyzed in all stages of replenishment: the balance in stock, the quantity on the way, needed to order quantity.

  • Stock level is managed automatically
    Due to the fluctuation of the demand, the level of the stock is increased or reduced. The discounts and repayments are assesed, so the given data doesn’t misrepresent the level of the stock.

  • The functionality of the seasons
    The required amount of goods is managed considering the fluctuations of the demand during the seasonality or promotion. When the seasonal and period settings are expired, the quantity of stocks is restored to the usual levels recorded in the system before the season or promotion.

Daily tasks and monitoring

  • Daily tasks and monitoring
    There are formed tasks fixed for a particular supply manager to execute daily.
    There is a reminder sent for the supply manager and his supervisor separately at the end of each day.
    Manager is able to execute all tasks wihin an hour in the system of the inventory and assortiment management daily.

  • Monitoring
    All tasks are briefly described in the shemas of the procedures to help managers to replace each other easy.
    The monitoring of the inventory management is performed with a help of particular reports sent for a responsible persons. Inventory management efficiency is shown for the KPI -lost sales, overstock, turnover.

Technical characteristics

  • Data
    Our solution is icloud based, the subscription to the system is possible through any web browser.

  • The monitoring of the executed actions
    There is the ability to examine the activities undertaken in the system.

  • Development of the functionality
    We develop the functionality of the system continuously taking into account all the needs of customers to have a contemporary system of the inventory management.

STOCK-M versions

Ultra small businesss

LITE
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Most popular

STD
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Local solutions

PRO
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Retail

CLOUD
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