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Inventory Management use cases


Impact_Analytics

Module 1: Introduction to Retail Inventory Management - Duration: 1 hour

      1. Overview of Inventory Management
          • Definition and Importance
          • Key Objectives and Benefits to clients
      2. Inventory Management Principles
          • Types of client business models - (retail, wholesale, D2C etc.)
          • Typical E2E retail supply chain

Module 2: Use Case 1 - Store and DC Stock Replenishment - Duration: 1.5 hours

      1. Concept and Importance of Replenishment
          • What is Stock Replenishment?
          • The Replenishment Process
          • Stock replenishment for core vs. seasonal
      2. Use Case Analysis
          • Example Scenario: Retail Store Replenishment Strategy
          • Example Scenario: DC Replenishment Strategy
      3. Hands-On Exercise
          • Simulating Replenishment Decisions with Given Data

Module 3: Use Case 2 - DC to Store - Duration: 1.5 hours

      1. Typical Client use cases
          • 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
      2. Modules’ walkthrough in InventorySmart
          • 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
      3. Hands-On Exercise
          • Conducting end to end configuration with sample data in InventorySmart
          • Creating custom DC-Store strategy in InventorySmart

Module 4: Use Case 3 - Vendor to DC - Duration: 1.5 hours

      1. Typical Client use cases
          • 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
      2. Modules’ walkthrough in InventorySmart OMS
          • Configuration > Product > Product Status
          • Configuration > Product > Product Mapping
          • Configuration > DC Strategy
          • Configuration > Scheduler
      3. Hands-On Exercise
          • Conducting end to end OMS configuration with sample data in InventorySmart OMS
          • Creating custom Ordering strategy in InventorySmart OMS
          • Creating custom schedulers

Module 5: Use Case 4 - Direct Ship to Store - Duration: 1 hour

      1. Typical Client use cases
          • Drop shipping direct from vendor to store
          • Cross docking from vendor - DC - store
          • Sample clients with Drop shipping and cross docking use cases respectively
      2. Walkthrough in InventorySmart OMS
          • Sample clients with Drop shipping and cross docking use cases respectively
          • How it is handled for each of the clients
      3. Hands-On Exercise
          • Quiz on Cross docking and drop shipping typical client questions

Module 6: Use Case 5 - Supersessions - Duration: 1 hour

      1. Typical Client use cases
          • Concept of Supersession
          • Supersession in InventorySmart Allocation and Replenishment
          • Supersession in InventorySmart OMS
          • Other exceptions that can be handled through supersession (SKU ID replacement)
      2. Modules’ walkthrough in InventorySmart OMS
          • Configuration > Product > Product Supersession
      3. Hands-On Exercise
          • Quiz on typical client queries on supersession

Module 7: Use Case 6 - MFP, Item Plans - Duration: 1 hour

      1. Typical Client use cases
          • 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
      2. Walkthrough of client use cases in InventorySmart
          • Walkthrough of Laddering and ordering with OTB constrained recommendations
          • Walkthrough of ItemSmart constrained ordering
      3. Hands-On Exercise
          • Quiz on constrained vs. unconstrained recommendations and typical client questions

Module 8: Use Case 7 - Size curves - Duration: 30 minutes

      1. Typical Client use cases
          • 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
      2. Modules’ walkthrough in InventorySmart OMS
          • Product Profile > IA Recommended
          • Product Profile > User Created
      3. Hands-On Exercise
          • Quiz on typical client questions on product profiles

Module 9: Use Case 8 - New Store or Re-modelled store - Duration: 30 minutes

      1. Typical Client use cases
          • Reservation of inventory for new stores
          • Sister store mapping 
          • Concept of remodeling of stores
      2. Modules’ walkthrough in InventorySmart OMS
          • Configurations > Store > New Store Setup
      3. Hands-On Exercise
          • Quiz on typical client questions on adding New Stores

Module 10: Use Case 9 - Packs - Duration: 30 minutes

      1. Typical Client use cases
          • Case Packs or Carton multiples
          • Pre Packs
          • Optimization of packs vs eaches
      2. Modules’ walkthrough in InventorySmart OMS
          • Create New Allocation > Review Store and DC
      3. Hands-On Exercise
          • Quiz on typical client questions on Packs vs Eached
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