Easy Inventory Replenishment Planning for Mid-size Organizations by DataSelf
October 29, 2007 (PRLEAP.COM) Technology NewsDataSelf Corporation, a publisher of business intelligence solutions for mid-size organizations, has released a solution for inventory replenishment planning.
"Many mid-size organizations have a tough time with inventory management and forecasting. They stock too much inventory for some items and run short on others," said DataSelf CEO Joni Girardi. "Our new module helps them smooth all that out."
The solution allows decision-makers to forecast demand for any item over any period. Users can choose to predict demand based on past sales, on sales forecasts from salespeople or customers, on market trends or even on a blend of metrics.
The solution integrates current data for inventory on hand, outstanding purchase orders, outstanding sales orders, forecasted demand and reorder parameters. For reordering, it can take into account parameters like minimum quantity on hand, minimum reorder quantity and lead time per item.
If the solution determines that any items may run short or become overstocked, it alerts the user with the details. The system also tells what day a purchase order should be placed. Users can monitor inventory by location or by business unit. They can also adjust parameters and see instantly what effect their adjustments would have in any period.
"It's a pretty powerful and user-friendly inventory replenishment solution" said CEO Girardi.
The complete DataSelf Business Intelligence solution comes with templates for over 500 reports and key performance indicators (KPIs) covering several business areas of mid-sized organizations. Managers set up reports out of the box and adapt the templates as needed. They can even build new reports from scratch faster than it takes to eat a donut. In fact, non-technical users of DataSelf BI find they complete from 70% to 100% of their reporting needs without help from IT—and in a fraction of the time required on competing platforms.
Thanks to the pre-defined reports and KPIs, managers can try out new metrics they may have only heard of before. Many DataSelf BI clients have seen an immediate return on their DataSelf BI investment just by monitoring trends revealed by these reports.
ABOUT DATASELF CORPORATION:
DataSelf, with main offices in the heart of the Silicon Valley, is a privately owned software publisher of business intelligence (BI) solutions.
DataSelf provides user-friendly and high-end BI solutions designed to support decision-making in mid-size organizations. DataSelf BI clients find that they can fulfill from 70% to 100% of their reporting needs without technical assistance. With DataSelf BI, decision makers can write reports from scratch faster than they can eat a donut.
More than 500 out-of-the-box report templates and key performance indicators (KPIs) allow fast deployment and adaptation by non-technical managers. These templates and KPIs are so extensive that some customers say they amount to a virtual "consultant in a box."
For more information about DataSelf, please visit www.dataself.com.