- MARS-IW is available as the client version where the
primary data is downloaded from the host system onto the Microsoft Access 8
database.
- MARSSQL is a multi user MARS-IW with concurrent
record locking. It has been qualified for Microsoft SQL version 7.0 and Oracle
version 8.
MARS Sales History Timeframes
MARS is available to accept either weekly or monthly
timeframes of demand history.
WHY DO I NEED A MARS-IW INVENTORY MANAGEMENT
WORKSTATION?
If you are a distributor, you
already have an inventory system that provides data such as on-hand balances and
sales history. It may even provide some reordering information. But you're still
missing the critical information you need to survive in a competitive
environment. You're missing the information you need to keep inventory down, yet
maintain high fill rates.
That's where MARS-IW Inventory Management
workstation comes in. MARS-IW is a stand-alone workstation that runs on an Intel
compatible PC and "bolts on" to your existing system.
It is a powerful
tool that helps you purchase smarter and manage your inventory better. It
analyzes existing inventory data ported from your host computer, then identifies
which SKU's (stock keeping units) to buy and how much to order. The net
result--you achieve better fill rates while carrying less
inventory.
WHAT
CAN THE MARS-IW WORKSTATION DO FOR MY BUSINESS?
The
bottom line results can be striking! Inventory shrinks as you move out slow
stock and tailor future purchases to expected needs. Fill rates go up as the
computer identifies products to order in more heavily. And you spend far less
time determining what to order, since most of the detailed work is
automated.
HOW
DOES THE MARS-IW SYSTEM WORK?
Building
Purchase Orders
The MARS-IW system builds an optimum purchase
order quickly and intelligently. It distills large quantities of inventory,
sales and vendor data into informed purchasing recommendations--something a
product manager simply doesn't have the time for on a day-to-day
basis.
MARS-IW starts by forecasting future demand based on sales
history. Using a simple yet proven statistical technique, MARS-IW accounts for
both seasonality and overall trends (rising or falling demand). It also filters
non-representative months out of the forecast.
MARS-IW then merges this
sales forecast with vendor lead time, order frequency, and inventory information
to generate recommended order quantities. The recommendations are presented in
an interactive, easy-to-use screen. Exception concepts are used extensively in
both screens and reports. They direct you to areas needing human interaction and
away from items where the system needs, and wants, no
intervention.
Vendor Level
Purchasing
MARS-IW analyzes purchasing decisions at the vendor
or product group level. So you can keep inventories down, yet take full
advantage of all vendor incentives and price breaks.
For instance, if a
truckload is needed, MARS-IW calculates the total size of the order based on
units, weight, volume, $ or any other pertinent criteria. Then it recommends how
to fill out the load--even adding products that weren't in the original
order!
If you must deal in cartons, so will MARS-IW. If lot sizes are
desirable, but not mandatory, the system can round to full lots where
economically appropriate.
Management Action
Reporting
MARS-IW also provides powerful management action
reports which identify problems and track progress in solving them. For
instance, one exception report warns of potential stockouts for products that
lack a minimum number of days supply. Another highlights slow moving stock
having too many months supply on hand.
The innovative Inventory Profile
Report tracks inventory distribution as a whole. It graphs the "profile" of the
inventory showing how much product is tied up in slow moving stock, how many
SKU's are stocked out and how much inventory is at an appropriate level. And
when special situations arise, you can use MARS-IW to perform "what if"
analyses. In minutes, you can answer questions such as:
"How should we order from XKE Company to protect against a possible
strike?"
"Should we buy an extra truckload from ABC Company to take
advantage of their 4% off special?"
TO
LEARN MORE ABOUT THE MARS-IW SYSTEM, YOU CAN
ORDER:
1) A professionally produced
Videotape that visually describes the features of the system and shows you how
the system operates in building an actual replenishment order. Price: $20.00 (includes shipping and handling)
2) A
"Demo CD" that will take you through the system, show you how a replenishment
order is actually built, and lets you "experiment" with the program.
Documentation and tutorial are embedded in the program. Price: $20.00 (includes
shipping and handling). To download this file at no charge, please email thomasp@nbds.com for password
authorization.
3) Charlie Bodenstab's book, "A New Era In Inventory
Management", covers the concepts and techniques of the system along with general
discussion of non-technical aspects on Inventory Management that you can
implement immediately. The hard cover book has been well received, is endorsed
by APICS, and as one reviewer stated, "...is not only technically significant,
but a joy to read." Price: $40.00 (includes shipping and handling)