In retail companies, there is a need for mobility and replenishment of chain products. This need is of a critical nature, since without suitable inventory at the branches or logistics center, the chain will lose potential income.
In such a case, management of chain inventory will lose its effectiveness, especially when response time to transfer of products and goods within the chain must be short and fast, corresponding to the rate of sales in the chain. Hence, matching the rate of sales to the rate of transfer is a matter of critical importance.

 

 

 

 

 

Managing, picking, transferring, and replenishing the goods of a retail chain

 

In retail companies, there is a need for mobility and replenishment of chain products. This need is of a critical nature, since without suitable inventory at the branches or logistics center, the chain will lose potential income.
In such a case, management of chain inventory will lose its effectiveness, especially when response time to transfer of products and goods within the chain must be short and fast, corresponding to the rate of sales in the chain. Hence, matching the rate of sales to the rate of transfer is a matter of critical importance

Managing, picking, transferring, and replenishing the goods of a retail chain

 

In response to these needs, EDEA has developed several mechanisms that provide a comprehensive solution. These mechanisms were developed in the relevant Priority system modules, and constitute an integral part of the inventory, purchasing, and sales management processes

 

Mechanism for defining and managing layout sets for execution of purchase orders from suppliers. The sets may be defined according to variables such as: supplier, normal amount, inventory days, rate of sales, package quantity, current inventory, maximum/minimum per item, and more. The mechanism may be operated on a daily/weekly/monthly basis, or at any other frequency. Mechanism activity culminates in opening a purchase order to a supplier. The order is subject to the structured processes of the network under the BPM mechanism, and Priority status management
Receipt of purchase order goods may be performed in the logistic warehouse or at the branch itself.

Mechanism for defining and managing layout sets for execution of orders for goods from the logistic warehouse. The mechanism includes the principles of purchase orders from suppliers, with the following exceptions: consideration for the existing inventory in the logistic warehouse, and determining priorities for distribution between the different branches. The priorities may be defined manually or automatically, according to rate of sales

  • Direct transfer from logistic warehouse to branch warehouse upon execution of order
  • Direct transfer from logistic warehouse to branch warehouse upon approval of order by receiving branch
  • transfer from intermediate warehouse to branch warehouse upon confirmation of order at receiving warehouse

Mechanism for defining and managing layout sets for executing movement of goods between chain warehouses. The mechanism includes the principles of purchase orders from suppliers, replenishing of goods from the main warehouse, and additional, unique mobility theory principles. Intermediate warehouses may also be used in this mechanism

The mechanism creates a command, within Priority, for automatic or manual collecting of goods to branches. A computerized collection command is transmitted for execution by the branch, including tracking of execution and status management.

Cross docking is a mechanism for the receipt and transfer of crates or pallets between chain warehouses without opening and receipt of individual items.

Mechanism for automatic replenishment of goods according to predefined standard for item/series in warehouse; the mechanism creates documents for BPM-based branches and Priority status management.

Automatic mechanism for creating packing slips / customer invoices (wholesale) or company warehouses based on advance orders, available inventory, and receipts of goods. This mechanism enables defining of inventory prioritization and customer prioritization.

Interfaces for the transfer of data between the Priority system and the segment system; these interface are designed for transmitting and receiving data between the network and its various suppliers. Among the existing interfaces: models, items, inventory movements, purchase orders, and more.