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FAIRS Forecasting And Inventory Replenishment System Features Overview

FAIRS Forecasting And Inventory Replenishment System Features Overview. click here for next slide. What does FAIRS do?. Analyze sales history Analyze sales trends Forecast future sales Calculate purchase requirements Calculate correct timing of purchases Identify exception items

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FAIRS Forecasting And Inventory Replenishment System Features Overview

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  1. FAIRSForecasting And Inventory Replenishment System Features Overview click here for next slide

  2. What does FAIRS do? • Analyze sales history • Analyze sales trends • Forecast future sales • Calculate purchase requirements • Calculate correct timing of purchases • Identify exception items • Identify potential stock-outs and overstocks click here for next slide

  3. FAIRS is Flexible • 100% custom built to your specifications – if you can define it, OMS can build it • Interface can be built in a ‘GUI’ environment, or run completely within your ‘GERS’TM application • FAIRS can use any forecasting model you choose, or even multiple models • OMS helps you ‘roll back the clock’ to determine the model that is best for you click here for next slide

  4. FAIRS Available Features • Calculates growth (and decline) • Calculates seasonality (busy and slow periods) • Sales ‘smoothing’ (to reduce errors due to sales ‘spikes’) • Like SKUs (for new skus, promotions, etc.) • Like Stores and store modeling (for new stores) click here for next slide

  5. FAIRS Available Features • Linked SKUs (obsolete or replaced skus for sell through) • Customizable sales history • Customizable safety stock levels • Back up sku capabilities • Auto Archive • Vendor/Port Unavailability Windows • Cash flow forecasting click here for next slide

  6. FAIRS Available Features • Intelligent Rounding (rounds suggested order to best purchasing unit/master pack) • Store grouping for purchase orders • A, B, C and ‘incompatible’ grouping • Manual override of forecast • Automatic PO generation • Feedback loop to compare forecast to actual PO’s placed click here for next slide

  7. Why OMS? • Over a decade of working with GERSTM data, including an exhaustive understanding of data tables etc. • Experience building inventory and replenishment systems since 1994 • Multiple publications in industry periodical for replenishment systems • You ‘own’ the code click here for next slide

  8. What do our customers say? “The OMS staff is a group of tireless workers for their clients and the GERSTM community. Their customer service is impeccable. They consistently ‘over deliver’ on time and often under budget. They constantly strive to find custom solutions to empower our employees with actionable data. No one works harder at finding solutions to raise the standards in which we conduct business.” Mary Lou Burlingame/ Domain-Home Fashions “ For any company contemplating a complex software project, you would be wise to employ OMS up front.  They are excellent at breaking down complex processes, thinking through the details, and getting results.  From our situation, the ROI on their services has been outstanding.”Betsi Bixby/Meridian Financial

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