Apparel Inventory Management and Demand Planning

1.

Preserve Your Bottom Line

Inventory management is an excellent way of preserving an apparel company’s bottom line. Surplus or shortage of inventory in your warehouse forces you to pay for storage space and runs the risk of damaged or lost garments. Apparel inventory software uses auto-replenishment functionality to maintain ideal stock levels, helping companies to cut down the costs of overstocking or understocking their shelves with unsold merchandise.

Retailers can also reduce stockouts and carrying costs through drop shippers and order fulfilment software that automates administration at every level of an operation. Tasks like order tracking, stock level alerts, reordering merchandise, and inventory errors are tempered via big data reports and analytics on sales and production to ensure you always have the right amount of stock on hand for orders coming in.

2.

Deliver with Demand Planning

Many companies can struggle to measure demand patterns or supplier reliability, especially during tumultuous sales periods. Apparel inventory software has a precise master production schedule to predict customer needs and sync production accordingly. With a UI (User Interface) featuring customisable dashboards and reports to measure real-time resource availability, you can drill down specific SKUs (Stock Keeping Units) based on size, pricing, cost, colour, and style. The apparel inventory management module of our ERP solution lets you methodically manage your stock, so it is always primed to be exactly what your customer requires.

Utilising ground-breaking machine learning techniques, ApparelX textile manufacturing software takes an estimation based on your previous year's performance to deduce which inventory should be held for a demand pattern.

The clothing inventory management software then predicts future purchases with these metrics and adjusts production to match, accounting for total supply chain accuracy and optimal inventory levels. Pinch points, replenishment needs, and impact analysis are incorporated into future forecasts thanks to Actuate facilities and Microsoft SQL reporting services. With demand planning, you can streamline production, reduce operational costs, and reduce waste

3.

Smoother Processes

Stakeholders and customers alike can be satisfied by how apparel inventory software can remove day-to-day administrative errors that improve space management and product rotation.

Like any good warehouse management system (WMS), ApparelX incorporates attribute maintenance, matrix functionality, barcodes, serial numbers, tags, supplier prices, and labels to monitor your stock movement safely.  Clothing inventory management software tracks stock by lot/serial/dye lot and piece - this ensures smooth handling of goods from assembly to customer receipt.