Wolverine Inventory Manager

The Wolverine Inventory Manager application enables companies to identify and resolve supply and demand balancing activities on finished products and key components to optimize inventory investments and meet desired customer service levels across the enterprise and supply network.

It allows companies to collaboratively plan replenishment activities while considering demand forecasts and inventory levels. Users have real-time visibility into current and projected inventory levels at any replenishment point such as a distribution center or a warehouse, and can also generate purchase requisition proposals.

Any combination of inventory distribution model within the supply network can be managed, including supplier sites to factories, suppliers to DCs, inter-site transfers, DCs to customer sites, etc. Wolverine Inventory Manager also allows the quick and easy changing of supply chain business rules.

Specific features include:

Constrained Based Replenishment

Business rules and constraints are incorporated within the replenishment logic and reflected in distribution and replenishment quantities.
Constraints include: limited inventory, replenish lead-times, lot-size requirements, minimum order quantities, etc.
When supply is less than demand, inventory can be allocated based on user-defined rules, such as customer prioritization, or automatically allocated by balancing the shortage percentages across customers.
Replenishment plans can be viewed and executed in both centralized and decentralized fashions.

Inventory Re-balancing

Instead of placing an order on a supplier, stock can be sourced from other sites that are in an excess situation, optimizing inventory cash flow.
Under urgent inventory shortage situations, stock can be re-distributed from other sites that are closest first. The removed quantity can be replenished later.
Users can utilize embedded algorithms to efficiently explore inventory-rebalancing opportunities under various situations.

Safety Stock

Safety stock calculations use variances in demand and supply together with inventory carrying costs to establish the most profitable inventory level.
The inventory model is set up optimally through the supply chain on a per item basis.
The replenishment and distribution logic is based on achieving the set policy.

Projected Supplier Orders

Users can view anticipated order quantities in any specified time period.
Information can be shared with suppliers, effectively reducing lead times and supply variance.

Key Performance Indicators (KPIs)

Provides a set of common key performance indicators, such as on-hand inventory level, inventory level in-transit, inventory turn, average backorder, etc., to measure the health of inventory control.
Key Performance Indicator (KPI) alerts ensure notification when KPIs fall below preset parameters