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Client business information Inventory management software for retailer EVRIKA. The network of shops of electronics and household appliances EVRIKA has been operating since 2000. Today, the trading network includes a distribution center (DC) and 12 mini, mid and super stores in 7 cities, constantly expanding its geography. In 2005, the corporate sales department was formed, […]

Dynamic Buffer Management (DBM) is a tool of the Theory of Constraints, which allows to effectively manage the enterprise reserves by focusing on the actual consumer demand. DBM implementation enables to always have the right product in the right place at the right time. As a result, the level of surplus decreases and losses of […]

The issue of cashflow management is essential to any company.  Despite this, 70% of all enterprises still encounter problems with cash flow, and every fifth claims that this is an ordinary rather than exceptional situation.  The main problem is that today you have to pay for the suppliers service with the money that a customer […]

“Tomorrow belongs to those who can hear it coming”. Regardless of whether the participants and visitors of EuroCIS 2018 know David Bowie’s  quotation they embody it in everyday activity.

In the recent edition of AllRetail magazine, an article came out discussing whether customer loyalty systems are a panacea for retailers. Retail experts say that the market has been divided into 2 parts: some believe that the customer loyalty system in its economic sense should be mandatory. While others believe that this is not relevant, […]

We explain how to assess customer loyalty and improve consumer commitment to your company and what the basic features of customer loyalty assessment are.

The era of chatbots has already begun. It doesn`t matter whether you are ready for it or not, this fact should be accepted and considered as an opportunity to improve communications with customers in your business.   They exist, but we did not notice them A chatbot is a program that uses “communication” patterns to […]

The auto parts warehouse has features related to a huge variety of spare parts for various groups of cars and special equipment, diverse additional product groups. The specific feature of the spare parts warehouse organization requires introduction of the sectoral inventory system of spare parts in warehouse.Compliance with the storage requirements of each product range […]

AVD Trade implemented ABM Inventory orders management system. It allowed the company to improve stock management processes significantly. The company managed to decrease over-stock (up to 46%) and missed sales (up to 25%) substantially. It also improved turnover. AVDtrade acts as a distribution center all over Ukraine. It supplies more than 1500 wholesale points with […]

How to organize online warehouse management and what nuances should pay attention to  The warehouse management system (WMS) evolution is like the evolution of other software solutions. Initially, it was the movement and storage of materials control system at the warehouse, bur the WMS part becomes more wide, there is added the production operations management, […]

Article covers the supply chain management with the use of Theory of Constraints (TOC) approach. The TOC suggests to consider the supply chain as an integrated system and when making a decision on each level of the supply chain, one should focus on the global optimization, rather than on the local improvements, as it often happens. […]

Currently, the effective inventory management at a trading company and ability to respond quickly to market changes are the decisive competitive advantages of both the major retail chains and the small “neighborhood” stores. Inventory in trading is the main capital, thanks to which the trading business exists actually. Procurement managers make hundreds or even thousands […]

We offer you to look at the case regarding optimization of inventory management using the example of retail chain The main distinguishing feature of the leading companies is the continuous control of quality at all working stages. For the purposes of qualitative improvement of control over the inventory management system, company’s management team asked ABM […]

Distribution of the inventory in the retail trade and distribution has the direct influence on a company’s profit. We would like to provide the real-world example here how an inefficient distribution of inventory brought losses to the company. And how optimization of the inventory distribution processes from the suppliers and inside the trading chain improved […]

If your company deals with the small business, then it will be quite simple for you to define the economic order quantity manually. However, in the wake of business growing, you should consider the issue of investing into the inventory management system in order to control your reserves more efficiently. There are many reasons why […]