Inventory allocation is often lamented for its degree of difficulty. Most ERP systems are just not equipped to handle the many supply chain exception conditions. And then layer the need to go paperless using advanced mobile inventory solutions and the inventory challenges become complex.
The top 3 challenges which face most supply chain folks are:
- How much of an item is “Available to Promise” … AtP?
- 3PL inventory visibility across multiple Customers thru a secure portal
- When demand exceeds supply the question becomes: to steal? or not to steal inventory for another order??
With unlimited supply, these challenges would never be an issue. But that is rarely the reality. More common are scenarios of ever-changing forecasts and demand. It turns out that one company has cracked the code. And the answer was right in front of us all the time … item attribute allocation sets.
Take a scenario one, a typical use case in the omni-channel where
Scenario two utilizes our WithoutWire tools for 3PL, consignment and Vendor Managed Inventory (VMI). The WithoutWire platform extends seamlessly with the Microsoft Platform through our Power Automate, Power Connectors and Power Apps. This not only
The third scenario is perhaps my favorite. Have you ever had inventory disappear in your warehouse? I believe this has been the case for every prospect I have ever spoken with over the past 14 years! Now you see it… now you don’t. Where does it go? Warehouse Ghosts must exist! Well not really, this problem has led WithoutWire to ghost-busting new functionality using “Allocation Sets”. Think of this as “reservation” of inventory. The ability to set aside critical inventory for its intended purpose, out of reach of others who may not have done proper inventory planning. This has several common use cases including technicians who need the same part. Or various channels who would like to grab a high-demand part. But perhaps the most common, is for staging parts against long running projects. Suppose you are procuring parts over the next 30 days to stage for a project that you need to install. If every time you turn around your “reserved” parts are being taken by other “immediate use” projects, you will quickly feel like you are in a never-ending game of “whack-a-mole”. To solve this, our customers stamp each item to its designated project as it arrives. Now stealing of inventory can still occur, but no longer by accident. With the proper Supervisor authority,
We hope that you will contact us today for a product demonstration of complex inventory made simple for Distribution, Manufacturing and/or Field Service.
Steve Dwyer, Chief Revenue Officer