Replenishment? In CORAX it is possible to carry out real-time transfers to the picking positions via order-based replenishments, manual replenishments or continuous replenishments. By statically linking pick positions to an item and setting a minimum and maximum at item level, CORAX can continuously supplement this location independently of an order. These assignments are allocated to a suitable resource with the right priority.
What Is Replenishment?
Inventory or stock replenishment is a crucial warehouse process in which inventory is moved from reserve storage to the main storage.
Thanks to CORAX, you can carry out real-time replenishment. Order-based replenishment can help you to work smoothly and always have your warehouse ready. The replenishment tool in CORAX systems also helps with continuous and manual replenishment planning.
It statically links the peak position to its best place. You can also set a minimum and a maximum number of items. CORAX can prioritize tasks according to suitable resources, inform about low stock, etc.
The system allows you to predict when goods need restocking. You also don’t have to worry about adding too many goods to your warehouse’s limited space.
When to Use Replenishment?
To manage your warehouse correctly, you should follow the replenishment option regularly. Thanks to this, you can avoid unpleasant surprises, such as lack of stock. For all warehouse managers, this tool is an absolute must-have.
Replenishment is necessary when the inventory level is low. You can set up the level in your system manually, so you are going to get a warning on time before you are going to end up without goods and delay the distribution process.
Thanks to this tool, you can avoid overstocking, which is crucial especially if you work with products that have a close due date.
When your replenishment system is automated, it never stops working. Thanks to this, you can be sure that statistics regarding the stock level and real-time demand are always up to date. That also eliminates human errors, for example, to forget to place an order or enter a sale.
A replenishment system is a great tool when you want to save time and be cost-effective. Thanks to automated stock monitoring, you don’t have to manage it manually. That saves you a lot of time that you can use on different tasks that require human presence.
What Are the Benefits of Replenishment?
An effective inventory requires advanced planning based on inventory analysis, supply chain metrics, and much more. With CORAX, the whole process is highly automated, as the system does most of the work for you.
Replenishment allows you to have as much inventory as customers demand. However, you don’t want to overstock your warehouse as your space is very precious. Thanks to CORAX, you can stock a perfect number of products, which is going to maximize your profits.
Using a system allows you to notice which products are more popular and often purchased by your clients. This way, you can always order more products that are in high demand without the risk they are not going to sell. Having good stock means that your clients always get what they want, promptly. That increases customer satisfaction, and in effect, you can get new clients.
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