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Where can I find an inventory management software?

May 31st, 2009 | 2 Comments

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ace_xi asked:

One that computes the EOQ or quantity discount or ROP for variable demand or constant leap time.

I need it in my math methods class.
I tried searching using Google but that didn’t help at all..

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Written by Mike Baker

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2 Responses to "Where can I find an inventory management software?"

  1. jackerx_05 says:
    June 1, 2009 at 2:12 am

    it is better if you will go for excel spreadsheets and microsoft access database. i’ve never heared a software like that but if you can actually find a way to program it on excel, well that solves the case. try studying the functions and i believe that you can program it :D

  2. Garrin H says:
    June 3, 2009 at 5:56 pm

    Logility sells a product called Voyager Inventory Planning. Here is some additional information from the Logility inventory management website:

    Voyager Inventory Planning helps you realize hard-dollar benefits that come with improving inventory efficiencies. To reduce inventory levels and increase turns, you can automatically calculate time-phased inventory plans – instead of stockpiling excess products. With Logility, you easily set the best safety stocks and replenishment quantities, by individual item. You can also optimize allocations by location. These strategies will enable you to eliminate inventory redundancies, prevent obsolescence and reduce mark-down quantities.

    Proper inventory planning also helps you eliminate supply chain variability. You and your trading partners will gain better visibility of procurement, production costs and service requirements. Operating more efficiently, you can eliminate expediting costs in production and transportation so you won’t disrupt the flow of other products. Not only will you accelerate the introduction of new products, you’ll deliver better customer service.

    Inventory Planning is a critical component of a Collaborating Planning Forecasting and Replenishment (CPFR®) strategy. And Logility enables you to easily support inventory management programs such as Vendor Managed Inventory (VMI), Distribution Resource Planning (DRP), Efficient Consumer Response (ECR) and Just-in-Time (JIT) inventory management. You can leverage Logility solutions to optimize inventory investments.

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