TradeMerit enables you to gain visibility not just into on-hand inventory but also inventory that is requested, ordered, in-transit, and fulfilled. While such end-to-end visibility in combination with powerful analytics enable you to optimize inventory targets, real-time controls enforce measures to achieve those targets. The result is:
- Increased capital utilization through reduced safety stock and increased inventory turnover.
- Increased customer satisfaction through reduction of stock-outs.
- Increased inventory accuracy.
Maintain Stock Levels On Individual Warehouse & Aggregate Levels
Track different stock levels such as safety stock, critical level and minimum level. Let TradeMerit detect deviations from targets and initiate required actions such as transfer and purchase orders. The result is decreased safety stock and stock-outs while improving inventory turnover.
In Transit Inventory Visibility
Gain insight beyond inventory within your own facilities and monitor goods in transit, held at 3rd party warehouse, as well as currently awaiting supplier dispatch. Let TradeMerit monitor expected delivery times, unexpected delays, and establish controls to avoid unnecessary orders and excessive safety stock.
Track Inventory Obsolescence & Expiration
Limit impact of inventory obsolescence and expiration on corporate financial. Let TradeMerit detect obsolescence and expiration issues and alert you before it becomes major threat to your financial stability.
Backward Demand & Procurement Visibility
Gain insight into the reasons behind inventory levels and the justification for its procurement. TradeMerit provides visibility from the demand and supply sides in order to enable you to keep your operation under tight control and increase inventory efficiency.
Create & Monitor Demand Map
Leverage TradeMerit analytics to identify where inventory should be located in order to be close to the demand. Monitor demand and inventory levels in real-time and establish controls to adjust plans as necessary in order to increase inventory turnover.
Detect & Resolve Inventory Issues
Automatically detect and get notified of operational issues that may impact your inventory plans and targets. Instead of following up on each transaction, configure tolerance thresholds and specify who (or what system) should respond to a given situation.
Leverage Existing Systems
End-to-end visibility is achieved by collecting relevant data from existing systems and partners. Whether you are using an ERP, warehouse management system, or a mix of separate applications, TradeMerit maximizes the benefits of your existing investments and supports your future IT plans.
Reporting & Analytics
Customize and use web-based reports in order to improve operations and monitor overall performance. Leverage real time drill-down dashboard to enable performance analysis of supply chain business processes. Define Key Performance Indicators (KPI) based on a wide array of business metrics including: Cycle Time, Inventory Accuracy, and Inventory Turnover.