But you're still missing the critical information you need to survive in a competitive environment. You're missing the information you need to keep inventory down, yet maintain high fill rates. That's where MARS-IW Inventory Management workstation comes in. It is a powerful tool that helps you purchase smarter and manage your inventory better. Inventory shrinks as you move out slow stock and tailor future purchases to expected needs.
Fill rates go up as the computer identifies products to order in more heavily.
And you spend far less time determining what to order, since most of the detailed work is automated. The MARS-IW system builds an optimum purchase order quickly and intelligently. MARS-IW starts by forecasting future demand based on sales history. It also filters non-representative months out of the forecast. MARS-IW then merges this sales forecast with vendor lead time, order frequency, and inventory information to generate recommended order quantities.