Replenishment Planning Solutions

Planvisage Replenishment Planning solutions is highly flexible and user friendly

• Replenishment uses time phased planning to extend the planning horizon to as many years as the client customer wishes to plan
• The solutions supports distribution planning, kits, Bill of Materials, and Bill of Distribution with unlimited number of planning levels
• Planning is supported by numerous replenishment rules including
  • Lot-for-lot
  • Minimum order quantities
  • Order multiples
  • Maximum order quantities
  • Period order quantity, etc.
• Safety Stock or Safety Time provides a buffer for the inevitable demand that exceeds supply
• The planner is provided with a handy list of action items that require immediate review
• The distribution network can be a hub-and-spoke, hierarchical, or any replenishment structure
• The end result is a netting process to create Planned Orders and a user override producing Firm Planned Orders to keep supply and demand in balance

Planvisage Replenishment Planning Solutions Benefits

• Time Phased Planning supports a planning process optionally as far as the forecast provides, possibly years into the future. This planning horizons allows for effective communication to vendors to reduce the need for expediting orders. This too is highly beneficial to effectively communicate replenishment orders with off shore suppliers
• Negotiate next year’s volumes at this year’s prices
• Time Phased Planning assumes the customer does not read the forecast, and order what they will. The system re-plans daily, or multiple times a day, keeping supply and demand in balance, avoiding shortages, ensuring suppliers, distribution, and manufacturing (the supply chain) are synchronized, while meeting the all-important on time delivery metric with minimal inventory
• Planning is supported by numerous replenishment rules including lot-for-lot, minimum order quantities, order multiples, maximum order quantities, period order quantity, etc. This flexibility allows items, or groups of items to be effectively managed
• Safety Stock or Safety Time provides a buffer for the inevitable demand that exceeds supply. Safety time is a variable safety stock increasing the safety levels in periods of high demand, and reducing levels at the end of a season
• The entire distribution network is planned on an inventory pull basis with priorities assigned for full truck, rail, or container loads. This helps transporting prioritized or critical product on each shipment
• Planning can be performed at the retail store or door level, or for cross docking at the retail distribution center
• Planning can be performed at the retail store or door level, or for cross docking at the retail distribution center
• Suppliers to retail can plan through a Vendor Managed Inventory (VMI) process to ensure that needed merchandize is on the shelf when customers seek the product. The worst level of customer service is to not have the merchandise available when the customer wants it
• Bill of materials supports supplying kits to retail, or planning components for production. This supports the ultimate goal of a balanced inventory