Replenishment
Store Operations
Align store processes around the shelf, enjoy continuous forecast adjustment based on demand and history, and anticipate and resolve future problems.
Retailers have always had challenges with Store Operations. One Network addresses these challenges by aligning all the processes around store shelf, continuously adjusting forecast according to the latest demand patterns, using analytics that not only provide visibility into historical issues but also project future problems, and providing workflows that automatically correct and report these problems.
The benefits of One Network's Store Operations solution include:
- Increased accountability with reports such as shelf availability percentages
- Improved shelf performance with workflows that correct and report the problem/root cause.
- Classification of inventory as backroom, display, and shelf addresses issues related to incorrect measurement/placement of inventory.
- Reduced costs with a single system handling all the store operations and collaborating between retailers and suppliers
Perpetual Inventory Management
Perpetual Inventory is a method for tracking the value of inventory and quantity of merchandise on hand at any time by tracking sales, returns and receipts with information systems. One Network's Perpetual Inventory Management System will track all inventory-related operations in terms of Inbound Shipment receipts and Outbound Shipment Pickup operations along with Point of Sale data, thus keeping the Inventory on-hand information for each SKU up-to-date.
Demand Sensing
AMR states that Demand sensing is the translation of downstream data with minimal latency to understand what is being sold, who is buying the product (attributes), and the impact of demand-shaping programs. One Network's Demand Sensing solution polls actual demand using real-time data collection methods, makes use of continuous demand management algorithms to isolate any variance from the demand forecast, and accurately updates the forecasts. In addition to the extreme precision the solution imparts to supply chain execution, it also calculates the current and future out of stocks.
Shelf-Driven Replenishment and Order Management
One Network's Shelf Driven Replenishment and Order Management is one-of-a-kind solution where both the retail and the consumer product companies use the same solution to replenish a product all the way from the retail store shelf to the manufacturer factories.
The solution provides multi-tier replenishment while attempting to maintain inventory levels within a certain target range and minimizing costs and maximizing revenues. By looking into the single version of future demand, future supply, current inventory positions, lead times, and other constraints and policies across the supply chain, One Network replenishment process efficiently optimizes inventory across a multi-echelon supply chain network. Automated replenishment streamlines inventory management by providing a system that can sense and respond to changes in demand, supply, and capacity more accurately and efficiently.
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