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What is SIMPLE-system?

The SIMPLE-System harnesses advanced algorithms based on inventory management principles and MRP techniques, providing a thorough comprehension of variable demand and the intricacies of supply chain dynamics. This system presents a groundbreaking model that improves the link between external factors impacting a trading company and its return on investment, as well as introduces fresh methods for pinpointing optimal product assortments and reorder levels. In contrast to conventional accounting and analytical tools, the SIMPLE-System operates as an automated management platform, liberating users from simply performing "post-mortem" assessments and retrospective analyses of metrics like turnover, inventory days, sales performance, profit margins, ROI, or stock deficits. Rather, it actively identifies ideal inventory quantities and control metrics, empowering users with practical insights to effectively restock and place timely orders for essential items. By utilizing this innovative system, organizations can foster a more strategic approach to inventory management, which ultimately leads to improved operational efficiency and increased profitability. This forward-thinking methodology not only streamlines processes but also allows businesses to adapt swiftly to market changes and consumer demands.

What is ABM Inventory?

In the world of commerce, stocks include a variety of items such as commodities, raw materials, and both finished and intermediate products, all of which signify financial investments that we expect to yield returns. To maximize these investment returns, effective inventory management is essential. Numerous strategies can be employed to manage inventory efficiently. One notable model is the Theory of Constraints, which offers a modern business management framework via Dynamic Buffer Management (DBM), aimed at maintaining high product availability while reducing stock levels. In addition to DBM, we introduce a unique approach for overseeing manufacturing inventories called Demand Driven Material Requirements Planning (DDMRP), which synchronizes inventory levels with current demand. By adopting a dynamic buffer management system that reflects actual sales and demand, organizations can significantly improve their operational efficiency and adaptability to market fluctuations. This strategy not only optimizes inventory management but also plays a vital role in enhancing overall financial health and competitiveness in the marketplace. As companies embrace these methodologies, they position themselves to navigate the complexities of supply and demand more effectively.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Genobium

Company Location

Russian Federation

Company Website

genobium.com

Company Facts

Organization Name

ABM Cloud

Date Founded

2009

Company Location

Estonia

Company Website

abmcloud.com/en/solution/inventory-management/

Categories and Features

Inventory Management

Alerts/Notifications
Barcoding / RFID
Forecasting
Inventory Optimization
Kitting
Manufacturing Inventory Management
Mobile Access
Multi-Channel Management
Product Identification
Reorder Management
Reporting/Analytics
Retail Inventory Management
Supplier Management
Warehouse Management

Categories and Features

Inventory Management

Alerts/Notifications
Barcoding / RFID
Forecasting
Inventory Optimization
Kitting
Manufacturing Inventory Management
Mobile Access
Multi-Channel Management
Product Identification
Reorder Management
Reporting/Analytics
Retail Inventory Management
Supplier Management
Warehouse Management

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Genobium