IFS Inventory Planning and Replenishment
IFS Inventory Planning and Replenishment enables powerful, efficient and the impartial management of large numbers of parts and transactions, hierarchical models, classification of parts and inventory management policies defined by groups. Functionality is comprehensive, encompassing management of slow movers, assortment classification, and the different stages of the product lifecycle. The module integrates with IFS Demand Planning for improved response to changes in demand and forecast accuracy. IFS Inventory Planning and Replenishment is essential when an inventory buffer is required, when the market expects a lead time that is shorter than the supply lead time, when demand is independent and not just a function of the demand for other parts and when supply is de-coupled, for example from an external supplier or an internal inventory buffer.
File Information: Executive Summary, pdf 0.2 MB