Raymark's Replenishment™ for retail offers automated
replenishment capabilities and facilitates stock movement and
balancing. With various industry standard algorithms to select
from, you have a virtually unlimited template against which to
generate suggested purchase orders, allocations, or store
transfers.
Make strategic inventory replenishment decisions
Raymark's Replenishment™ offers three replenishment models,
including purchase orders, allocations and transfers, allowing you
to fulfill store inventory requirements from warehouse and execute
transfers between stores for stock balancing. Since you create a
unique template, you can replenish different items according to
their specific criteria, build seasonal modules, and establish your
min/max inventory requirements by product and by store grouping.
The solution is a powerful tool that empowers you to make the
strategic inventory replenishment decisions that will lead to
incremental sales, fewer markdowns, and an improvement in gross
margins.
Transfers - Balance inventory store levels
before warehouse replenishment. Either base the transfers on sales
checkouts in individual stores versus actual inventory on-hand or
select from various other formulas available to you. The transfers
can then be approved and the system will generate the requests from
every store to move the inventory.
Replenishment from Warehouse - This feature
replenishes the stores based on a number of criteria or formulas
and will automatically fill to your stores' capacities based either
on min/max levels, weeks of supply, sales history, or many other
metrics as required.
Purchase Orders - If warehouse inventory is
depleted, the system can automatically create a purchase order to
the vendor for the merchandise it requires to satisfy the need in
stores. These suggested quantities may be edited, approved, and
sent to the vendor for processing.