Thursday, January 23, 2020

Save time and money by simplifying your inventory operations

Automatic replenishment with forecasting

Save time by automating basic replenishment tasks. The system can calculate the quantities to reorder for stores and/or warehouses, simplify item distribution and planning, lower item stock cost and increase item availability in all your warehouses and stores.

Multiple classes of forecasting methods help you catch all types of trends in sales history, including seasonality, holidays and annual events. The system also calculates safety stock levels based on variations in sales.

Open-to-buy functionality

Control the amount of capital invested in products during the sales cycle. The open-to-buy functionality empowers you to:

  • Maintain control over which products are available in each store
  • Manage sales and purchasing budgets
  • Calculate the difference between required and available inventory, including inventory on hand, stock in transit and outstanding orders

Why LS Central inventory management solution

Correct stock coverage : 

Find out how long stock will last you, and understand which items are under- and over-stocked.

Stock planning per store capacity: 

Optimize your stock amounts and product mix based on how much stock each of your stores can carry.

Assortment plan :  

Easily plan the assortment of items in your stores with an intuitive top-down approach using flexible store and item hierarchies.

Total visibility over inventory 

Get an instant, clear view of all inventory available across the company, including layaways and transfer requests. 

Manage inventory on mobile devices 

Carry out store inventory processes on handheld devices, including receiving and transfers of goods. 

The right variants in each location 

The system uses historical sales data to calculate the right amount of products in each variant (size, color, etc.), for each of your stores. 

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