© 2017 Openbravo Inc. All Rights Reserved. Privileged and Confidential Information .
How Retailers Optimize Inventory Management
with Openbravo
© 2017 Openbravo Inc. All Rights Reserved. Privileged and Confidential Information .
Today’s Presenters
Maarten Tromp
Director of Product Management at Openbravo
Vanessa Hodgkinson
(Host) Openbravo
© 2017 Openbravo Inc. All Rights Reserved. Privileged and Confidential Information .
Today’s presentation will be available for download at: www.openbravo.com/retailers/resources/webinars
For additional resources on our retail solutions, please visit: www.openbravo.com/retailers/resources/
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© 2017 Openbravo Inc. All Rights Reserved. Privileged and Confidential Information .
Index3 Inventory Problems in Retail?
Compelling Inventory & SupplyChain Management capabilities
Will help Retailers to optimize their business!
Inventory
near
Expiry Date
Excess
Inventory
Stock-Outs
© 2017 Openbravo Inc. All Rights Reserved. Privileged and Confidential Information .
Index3 Warehouse Challenges in Retail?
Inefficient
or Idle Staff
Inaccurate
Records Space
Problems Learning
Curve
Messy
Warehouse
Compelling Inventory & SupplyChain Management capabilities
Will help Retailers to optimize their business!
© 2017 Openbravo Inc. All Rights Reserved. Privileged and Confidential Information .
Index3 Sales & Marketing Perspective: Omnichannel
Compelling Inventory & SupplyChain Management capabilities
Will help Retailers to optimize their business!
© 2017 Openbravo Inc. All Rights Reserved. Privileged and Confidential Information .
Index3 Finance Perspective: Working Capital Optimization
• Working Capital
= Current Assets - Current Liabilities
= (Inventory + Receivables) – Payables
• Working Capital Ratio
= Current Assets / Current Liabilities
• Working Capital Cycle
= Time to convert Assets into Cash
= Cash Conversion Cycle
= Days Working Capital
© 2017 Openbravo Inc. All Rights Reserved. Privileged and Confidential Information .
Index3 Operations Perspective: Operational Excellence
Full Suite Advanced Inventory & Supply Chain Management capabilities
Will help Retailers to optimize their business!
Advanced Warehouse Operations
Advanced Forecasting and Inventory Planning
Push and Pull models
Inventory Status
Alternative UoM
Referenced Inventory
Inventory Planning Internal Execution External Execution
© 2017 Openbravo Inc. All Rights Reserved. Privileged and Confidential Information .
Index3 Advanced Forecasting & Inventory Planning
• Adaptive Forecast algorithms
• Intelligent Inventory Planning
• Dynamic Sourcing & Replenishment
Inventory Planning Internal Execution External Execution
Openbravo
© 2017 Openbravo Inc. All Rights Reserved. Privileged and Confidential Information .
Index3 Push-model vs Pull-model
• Central determination of Distribution
• Fair-Share
Inventory Planning Internal Execution External Execution
Openbravo
© 2017 Openbravo Inc. All Rights Reserved. Privileged and Confidential Information .
Index3 Distribution Orders
• Distribution Centre to Store & vice-versa
• Store-to-Store Inventory Balancing
• Planning, Documenting & Execution
Inventory Planning Internal Execution External Execution
Openbravo
© 2017 Openbravo Inc. All Rights Reserved. Privileged and Confidential Information .
Index3 Vehicle & Transport Management
• Routes – ‘milk-runs’, Templates
• Vehicles – Capacity, Status
• Drivers – License, Availability
Inventory Planning Internal Execution External Execution
Openbravo
© 2017 Openbravo Inc. All Rights Reserved. Privileged and Confidential Information .
Index3 Key Concepts: Advanced Warehousing with Openbravo
Intelligence for Stock optimization
• Adaptive algorithms for Picking and Put-away
• Inspection and X-Docking
• Self-Replenishing, Self-Organizing, Self-Auditing
Intelligence for Space optimization • Space Algorithms • Storage Bin Groups • Chaotic/Dynamic bins
• Popularity Codes • Bin Capacity
Intelligence for Staff optimization • Internal Routings • Travel Sequence • Dynamic Priorities
• Optimized User interface • Offline capabilities
Operational Excellence drives Working Capital Optimization and enables OmniChannel
Inventory Planning Internal Execution External Execution
© 2017 Openbravo Inc. All Rights Reserved. Privileged and Confidential Information .
Index3
RECEIVING
SHIPPING
INSPECTION / RMA / RTS … SCRAP / REWORK / …
PACKING PRODUCTION
STORAGE
Weight Isolate
Climate Value
PUT-AWAY
PICK PICK
REJECT
PACK
PHYSICAL
INVENTORY
RECEIPTS
ISSUES
APPROVE
RECEIPTS
REJECT X
-DO
CK
ING
Openbravo Value Proposition:
From the Potential Complexity of a Retail DC…
ISSU
ES
© 2017 Openbravo Inc. All Rights Reserved. Privileged and Confidential Information .
Index3
Presented in Sequence of
Task Priority
Presented in Sequence of
Travel
Sequence
…to the Simplicity of an Intuitive and Offline-Resistant UI
© 2017 Openbravo Inc. All Rights Reserved. Privileged and Confidential Information .
Index3 Simple and Effective Mobile Front-end
Common
hardware,
Web-browser
based and
Responsive
Design
© 2017 Openbravo Inc. All Rights Reserved. Privileged and Confidential Information .
Deviation to Quality Inspection
Deviation to Cross-Docking
Wave-picking
Self-Organizing warehouse
Self-Auditing warehouse
Self-Replenishing warehouse
Goods Receipts and Put-Away; 1- or 2-
phased Receipts
Goods Movements
Picking/Packing/Shipping
Physical “Wall-to-Wall” Inventory
counts and “OTF” partial Cycle Counts
Index3 Mobile Inventory Procedures
Basic
Procedures
Advanced
Procedures
© 2017 Openbravo Inc. All Rights Reserved. Privileged and Confidential Information .
Index3 Addressing the Issues of Stock
Compelling Advanced Warehouse Operations capabilities
Will help Retailers to optimize their business!
• Near Expiry Date
• Stock-Outs
• Overstock
Dynamic selection of proper inventory-search algorithms,
conditioned by type of product, quantity, unit of measure and 3rd party
Self-Replenishing feature alerts operators ahead of time on
products to be replenished
Run-time Bin Capacity calculations will assign only the
proper quantity to each bin
Openbravo
© 2017 Openbravo Inc. All Rights Reserved. Privileged and Confidential Information .
Index3 Addressing the Issues of Staff
• Inefficient or Idle staff
• Learning Curve
• Inaccurate Records
Front-end execution and Back-End control; Travel
Sequence; Batched Wave picking; Blind-receipts, Delta-Management
Intuitive UI, Concise Instructions, Priority Driven and Offline-
Resistant technology
Single database without sync/async interfacing, OTF Cycle
Counts, Self-Auditing Warehouse
Openbravo
Compelling Advanced Warehouse Operations capabilities
Will help Retailers to optimize their business!
© 2017 Openbravo Inc. All Rights Reserved. Privileged and Confidential Information .
Index3 Addressing the Issues of Space
• Space problems
• Messy warehouse
Concise instructions, proposed to the operator
Put-away algorithms to merge, by lot or expiry date, Storage
bin groups with sequenced preferences, bin-capacity and
pending tasks awareness
Self-organizing warehouse feature, Prepared for automated
or robotized warehousing
Compelling Advanced Warehouse Operations capabilities
Will help Retailers to optimize their business!
Openbravo
© 2017 Openbravo Inc. All Rights Reserved. Privileged and Confidential Information .
Index3 Summarizing:
Optimizing Inventory Management with Openbravo
Challenge
→Inventory Optimization
→Space Optimization
→Staff Optimization
Openbravo Solution
→Advanced Forecasting & Planning
→Dynamic Sourcing, X-Docking, Inspection, Intelligence for Picking, Put-Away, Self-Replenishment
→Bin Capacity optimization, Merge, Pop-
Codes, Storage Groups, Self-Organizing featue
→Travel Sequence, Consice & Intuitive UI, Learning curve, Self-Auditing, Batched
Wave Picking,
→Offline operations, Single Database – no interfaces
Operational Excellence drives Working Capital Optimization and enables OmniChannel
© 2017 Openbravo Inc. All Rights Reserved. Privileged and Confidential Information .
Want to know more? Join us!
June 22nd:
“Introduction and Demo to Advanced Warehouse
Operations with Openbravo”
Book your place!
More information at www.openbravo.com
© 2017 Openbravo Inc. All Rights Reserved. Privileged and Confidential Information .
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