Inventory Management use cases
Impact_Analytics
Module 1: Introduction to Retail Inventory Management - Duration: 1 hour
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- Overview of Inventory Management
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- Definition and Importance
- Key Objectives and Benefits to clients
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- Inventory Management Principles
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- Types of client business models - (retail, wholesale, D2C etc.)
- Typical E2E retail supply chain
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- Overview of Inventory Management
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Module 2: Use Case 1 - Store and DC Stock Replenishment - Duration: 1.5 hours
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- Concept and Importance of Replenishment
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- What is Stock Replenishment?
- The Replenishment Process
- Stock replenishment for core vs. seasonal
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- Use Case Analysis
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- Example Scenario: Retail Store Replenishment Strategy
- Example Scenario: DC Replenishment Strategy
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- Hands-On Exercise
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- Simulating Replenishment Decisions with Given Data
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- Concept and Importance of Replenishment
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Module 3: Use Case 2 - DC to Store - Duration: 1.5 hours
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- Typical Client use cases
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- Types of mapping (one to one, many to one, many to many)
- Frequency of allocation
- Auto Allocation
- DC to Store Strategy - Mins only, WOS only, Mins first and then WOS
- Demand Type - IA forecast, Fixed inventory push
- Time based eligibility
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- Modules’ walkthrough in InventorySmart
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- Configuration > Store > Store Mapping > Store - DC
- Configuration > DC > DC Mapping > DC - Store
- Configuration > DC-Store Policy > DC -Store strategy
- Configuration > DC-Store Policy > Auto Allocation rules
- Configuration > DC-Store Policy > Auto Allocation scheduler
- Configuration > DC-Store Policy > DC-Store Strategy rules
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- Hands-On Exercise
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- Conducting end to end configuration with sample data in InventorySmart
- Creating custom DC-Store strategy in InventorySmart
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- Typical Client use cases
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Module 4: Use Case 3 - Vendor to DC - Duration: 1.5 hours
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- Typical Client use cases
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- When to Order? Ordering frequency
- How much to order? Ordering strategy
- Types of mapping (one to one vendor - SKU; many to one vendor - SKU)
- Frequency of ordering - Core, Seasonal
- Ordering lead times
- Ordering constraints (across time, product attributes, etc.)
- Time based eligibility
- Off cadence orders
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- Modules’ walkthrough in InventorySmart OMS
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- Configuration > Product > Product Status
- Configuration > Product > Product Mapping
- Configuration > DC Strategy
- Configuration > Scheduler
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- Hands-On Exercise
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- Conducting end to end OMS configuration with sample data in InventorySmart OMS
- Creating custom Ordering strategy in InventorySmart OMS
- Creating custom schedulers
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- Typical Client use cases
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Module 5: Use Case 4 - Direct Ship to Store - Duration: 1 hour
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- Typical Client use cases
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- Drop shipping direct from vendor to store
- Cross docking from vendor - DC - store
- Sample clients with Drop shipping and cross docking use cases respectively
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- Walkthrough in InventorySmart OMS
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- Sample clients with Drop shipping and cross docking use cases respectively
- How it is handled for each of the clients
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- Hands-On Exercise
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- Quiz on Cross docking and drop shipping typical client questions
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- Typical Client use cases
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Module 6: Use Case 5 - Supersessions - Duration: 1 hour
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- Typical Client use cases
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- Concept of Supersession
- Supersession in InventorySmart Allocation and Replenishment
- Supersession in InventorySmart OMS
- Other exceptions that can be handled through supersession (SKU ID replacement)
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- Modules’ walkthrough in InventorySmart OMS
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- Configuration > Product > Product Supersession
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- Hands-On Exercise
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- Quiz on typical client queries on supersession
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- Typical Client use cases
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Module 7: Use Case 6 - MFP, Item Plans - Duration: 1 hour
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- Typical Client use cases
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- Constrained vs unconstrained recommendation
- When to recommend MFP/ Item plan constrained orders to clients vs. when vanilla OMS works
- Backend flow of information in InventorySmart OMS modules
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- Walkthrough of client use cases in InventorySmart
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- Walkthrough of Laddering and ordering with OTB constrained recommendations
- Walkthrough of ItemSmart constrained ordering
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- Hands-On Exercise
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- Quiz on constrained vs. unconstrained recommendations and typical client questions
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- Typical Client use cases
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Module 8: Use Case 7 - Size curves - Duration: 30 minutes
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- Typical Client use cases
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- Use of Product Profiles and Size curves
- At what level is forecast generated by ADA
- Flow of data from ADA to finally InventorySmart’s Optimization
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- Modules’ walkthrough in InventorySmart OMS
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- Product Profile > IA Recommended
- Product Profile > User Created
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- Hands-On Exercise
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- Quiz on typical client questions on product profiles
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- Typical Client use cases
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Module 9: Use Case 8 - New Store or Re-modelled store - Duration: 30 minutes
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- Typical Client use cases
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- Reservation of inventory for new stores
- Sister store mapping
- Concept of remodeling of stores
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- Modules’ walkthrough in InventorySmart OMS
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- Configurations > Store > New Store Setup
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- Hands-On Exercise
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- Quiz on typical client questions on adding New Stores
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- Typical Client use cases
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Module 10: Use Case 9 - Packs - Duration: 30 minutes
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- Typical Client use cases
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- Case Packs or Carton multiples
- Pre Packs
- Optimization of packs vs eaches
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- Modules’ walkthrough in InventorySmart OMS
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- Create New Allocation > Review Store and DC
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- Hands-On Exercise
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- Quiz on typical client questions on Packs vs Eached
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- Typical Client use cases
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