MARS-IW
Management Action Reporting System (MARS) for Inventory is a powerful inventory management and replenishment tool. MARS analyzes existing inventory data ported from your host inventory application, then identifies which stock keeping units (SKU's) to buy and how much to order using the methodology detailed in the book "A NEW ERA IN INVENTORY MANAGEMENT" by Charlie Bodenstab.
English
Supported Technologies
Windows 95/98/ME,
Windows XP/2000/NT
Software
Click on a technology to view similar products within this category.
Pricing
Users (# of seats)
2,000 to 30,000
ronf@nbds.com
651 647 0143
direct and reseller network
Additional Product Information
If you are a distributor, you already have an inventory system that provides data such as on-hand balances and sales history. It may even provide some reordering information. But you're still missing the critical information you need to survive in a competitive environment. You're missing the information you need to keep inventory down, yet maintain high fill rates.;That's where MARS-IW Inventory Management workstation comes in. MARS-IW is a stand-alone workstation that runs on a PC and "plugs into" your existing system.;It is a powerful tool that helps you purchase smarter and manage your inventory better. It analyzes existing inventory data ported from your host computer, then identifies which SKU's (stock keeping units) to buy and how much to order. The net result--you achieve better fill rates while carrying less inventory.;The MARS-IW system builds an optimum purchase order quickly and intelligently. It distills large quantities of inventory, sales and vendor data into informed purchasing recommendations--something a product manager simply doesn't have the time for on a day-to-day basis.;MARS-IW starts by forecasting future demand based on sales history. Using a simple yet proven statistical technique, MARS-IW accounts for both seasonality and overall trends (rising or falling demand). It also filters non-representative months out of the forecast.;MARS-IW then merges this sales forecast with vendor lead time, order frequency, and inventory information to generate recommended order quantities. The recommendations are presented in an interactive, easy-to-use screen. Exception concepts are used extensively in both screens and reports. They direct you to areas needing human interaction and away from items where the system needs, and wants, no intervention.