Ensure Products are at the Right Place at the Right Time with JustEnough Inventory Planning
JustEnough's Inventory Planning ensures your products are in the right place at the right time. Not only that, Inventory Planning makes it easy to identify the inventory you need to focus on for high profit margins and low inventory carrying costs.
Inventory Policy Management
JustEnough automatically sets the inventory policy for both Safety Stock and Order Quantity to achieve the customer service levels you are targeting by customer, by product, by location.
Service Level Targeting
With an interactive service level tool, JustEnough lets you weigh the trade-offs of achieving even higher service levels versus the additional dollars that it will tie up in higher inventories. You decide which service level makes the most sense for your business given the inventory requirements to sustain such a target.
ABC Classifications
To distinguish between your important product lines and less important lines, JustEnough classifies which items in your product mix demand the most of your attention using Pareto’s method of ABC Classifications. This is done dynamically so as information is updated, JustEnough automatically reclassifies items, making sure your most crucial product lines always get the most focus.
Inventory Level Projection
The JustEnough Inventory Level Projection graphically displays the expected changes in inventory over a future time horizon. At any point in time, the projected inventory level represents the balance of incoming supply and outgoing orders based on your inventory targets and forecast requirements. It’s very useful for cash flow and capacity planning.
Inventory Status, Inbound & Outbound Orders
JustEnough determines current and future inventory status by referencing the current inventory on-hand and then balancing the inbound supply orders with the outbound customer orders. If necessary, the system generates an exception or action message. For example, an overstocked item with an inbound order will require you to either delay or cancel the purchase order. Whereas an item that has suddenly and unexpectedly picked up sales will be flagged as a potential out-of-stock. Then, if the current inbound orders will arrive too late to meet demand, you can expedite the order.