Advanced Planning & DRP software gives companies the ability to properly manage inventory across many locations. Companies who offer product at multiple locations give their client quicker access to finished goods.
Each warehouse location may have a varying a demand of goods due to seasonality and other reasons. For example, demand in the northwest region for a stock keeping unit (SKU) at a certain time may be significantly less than demand in the southeast corridor.
It is very important for companies to have the proper item available in the proper location at the right time.
Advanced Planning & DRP software enhances these functional areas:
- Time-phased planning for both single and multi-facility organizations
- Proper quantities required
- Economic order quantities
- Scheduled receipts & upcoming demand
- Safety stock