INVENTORY PLANNING AND REPLENISHMENT (iRIM)
iRIM was designed for the rigors of controlling inventory levels and replenishing fast-moving, short-lifecycle products such as home entertainment media, consumer electronics and games. These products all require anticipatory replenishment, integrating category management information with flexible replenishment logic. Because these categories are driven by new product introduction, the solution has been designed to support frequent regeneration of replenishment plans not just by location but by shelf within a location. iRIM’s ability to realign forecasts based on hourly POS feeds and regenerate replenishment plans for a broad array of products across all locations within a retail chain is unmatched in the industry.
Virtually every condition that can impact the inventory management process in a retail environment has been considered and incorporated into the solution. The functional design incorporates broad use of user-defined formulations, parameters and business rules to guide replenishment planning in a dynamic retail environment across the entire range of a product’s lifecycle.
This degree of power, scalability and precision provides a significant competitive advantage to any consumer products company responsible for managing their product line performance at retail. iRIM is the benchmark by which all other retail inventory management and replenishment systems are measured. The same benefits iRIM delivers to the retail replenishment environment are fully transferable to manufacturing VMI environments. If your business processes include managing and replenishing inventories at multiple locations where "getting it right" is critical, iRIM will enable you to establish completely new standards of performance. Let us show you how.