When distributors replenish customer stockroom and truck inventory with eTurns TrackStock Apps, they get actual usage data from the customer that allows them to optimize their distribution centers.
The TrackStock Precise Demand Planning® solution for distributors can tell distributors what customers will order what product in what quantity on what date. Can your demand planning software tell you that? Not likely. That is because traditional demand planning software just aggregates past orders and makes assumptions about future demand, a process that is prone to error.
The TrackStockPDP Solution calculates actual demand, not forecasted demand, for distribution centers. It identifies and eliminates forecast error
After only 45 days of using eTurns TrackStock to replenish customers, distributors can get actual (not forecast) demand information from the TrackStockPDP Solution to optimize distribution center inventories
Receive TrackStockPDP actual demand information electronically on a schedule via web service or EDI
Enhance your ERP demand planning forecast with TrackStockPDP's actual demand information
It's a dramatic shift in how many distributors serve customers: from “Just-in-case” to “Just-in-time". Many distributors overstock their distribution centers to protect themselves, but with the eTurns TrackStockPDP Solution, distributors can use actual demand data from their customers' stockrooms and trucks to optimize those distribution centers. Demand is no longer a forecast, but a known quantity of items and order dates. When distributors use our eTurns TrackStock Replenish and eTurns TrackStock Manage auto-replenishment apps to replenish customer inventory at the point-of-use, they can generate TrackStockPDP reports that tell them what customers will order what product in what quantity on what date. By feeding that actual demand data into their ERP demand planning software, they can optimize their distribution centers and take cash out of inventory while still keeping high service levels and preventing stockouts.
Distributors are able to know what products will be ordered in what quantity on what date if they have data like the following from the customers' point-of-use:
The good news? eTurns TrackStock provides this.
If a distributor has the top 20% or so of their customers who account for around 80% of their revenue use eTurns TrackStock apps to replenish stockroom/truck inventory for at least 45 days they will have sufficient data to generate TrackStockPDP reports about actual customer demand at the point-of-use. Distributors can feed this actual demand data to their ERP demand planning software to optimize distribution center inventories.
When a distributor's customer uses the eTurns TrackStock Replenish or eTurns TrackStock Manage auto-replenishment apps to replenish their stockroom inventory, they are able to track the real-time status of inventory levels, fine-tune what the minimum and maximum levels should be based on prior usage, and learn their average daily usage of product. All this actual demand data is available in an eTurns TrackStockPDP® report which distributors can feed into their traditional ERP demand planning solution, or use by itself, to optimize their distribution centers.