Take Microsoft Dynamics GP Inventory Items further with the Trinity Advanced Inventory Replenishment module, or A I R for short, from Dynavistics: http://dynavistics.com/products/air.
We show you an easy way to accurately record, analyze and predict inventory demand on a monthly, 4-weekly, or weekly basis. For each item AIR will predict inventory demand for the coming period using one of a number of industry standard replenishment calculations. There is a total of three videos in the AIR series: Introduction, Demand Review and Purchase Order Generator. Together, the three videos, describe Advanced Inventory Replenishment powerful tools to Order the Right Products, at the Right Price, at the Right Time.
In this video, we show you how AIR provides buyers with more information when generating purchase orders in Dynamic GP. Advanced Inventory management allows distributors to:
• Set stock policy by time rather than using fixed safety and reorder quantities, which can be difficult up keep up to date in a fast-moving commercial environment.
• Understand demand, including lost sales and exceptional demand and take advantage of ABC analysis based on bin trips, frequency of picking.
• Suggest the best forecasting method for each item and then automatically calculate the safety stock, re-order level, and order up to level.
• Provides information and decision support to Replenishment function.
One of the critical measures of success for any distribution company is the ability to effectively balance inventory investment with customer service levels. In other words, you want to stock enough inventory to fill and ship customer orders quickly, but not purchase so much that you’ve got capital tied up in the warehouse and inventory that’s at risk for loss or obsolescence.
In a typical business with thousands of items, managing this ongoing process of forecasting demand, generating purchase orders, and stocking just the right amount of inventory can be a complex and daunting task.
That is, unless you have the Advanced Inventory Replenishment (AIR) module for Dynamics GP – part of the Trinity Distribution Suite.
It's fast, easy, and accurate which will save you tons of time and hassle.
Watch the video to see the Trinity Advanced Inventory Replenishment module in action. Then head over to our website to learn more about this powerful advanced distribution suite for Dynamics GP: http://dynavistics.com/products/air.