ARS
2
(The
Automatic Replenishment System within ARS)
The ARS2 system
has been designed to effectively use the information produced
from the ARS Point-of-Sale and Inventory
Management
System. With this information, you can:
- Accurately calculate
a sales quantity forecast for any item and be responsive
enough to react on a weekly basis.
- Generate a report of
items and quantities that need to be ordered for the
specified time period.
- Automatically generate a purchase
order based upon the calculated forecast.
What separates the ARS2 system from all others is
the method it uses to calculate the forecast. It does not
simply rely on minimum and maximum settings or an average
monthly
sales total. Our forecast is based on a weighted sales history,
seasonality index, vendor lead time, purchase frequency,
current quantities-on-hand, and current on-order quantities.
With the ARS Automatic Replenishment System, you will enjoy
numerous benefits, including:
- A faster order reactivity
which will allow you to run closer to a “just-in-time” inventory
rather than a “just-in-case” inventory.
- A reduction
in inventory which will prevent needless overstocks and
reduce the need for markdowns.
- An increase in turns due
to the decreased overstocks.
- Elimination of many hours
you spend analyzing what needs to be ordered.
- The ability
to monitor its effectiveness on a monthly basis.
Ultimately, you will be able to maximize your sales by quickly
responding to unexpected slow times and sales peaks. With
the comprehensive ARS retail system you will be more efficient
and highly competitive. Only ARS provides both an effective
method of collecting vital sales data and an accurate system
to utilize that information.
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