Audience
Companies looking for an inventory management system to improve their processes
About ABM Inventory
Commodities, raw materials, finished and intermediate goods – in terms of business are all referred to as stocks, which in fact are financial investments we expect returns from. Effective inventory management allows maximizing return on investments. There are different inventory management models. Theory of Constraints as a progressive business management methodology offers its own inventory management tool called Dynamic buffer management (DBM). DBM allows providing a high product availability level while keeping the stocks in the system at a minimum level. To manage manufacturing inventories effectively, we offer a unique methodology — DDMRP (Demand Driven Material Requirements Planning). This methodology allows keeping the necessary amount of stock based on the actual demand. Creating the system of dynamic buffer management, which will take into account the actual demand and sales.