SIMPLE-System is related to MRP (material requirements planning) and SCM (supply-chain management) class systems. It is known that ERP (enterprise resource planning) systems evolved from resource-saving MRP systems.
In developing SIMPLE-System Genobium decided to focus on the most essential in trade firm management – inventory management. We added a number of new ideas in dealing with the optimization of the reorder point, the assortment optimization, the service level optimization and the analysis of the dependence of the maximum inventory profitability on the external conditions of trade firm functioning.
We ensured a low treshold to acquire our software: a low price and an optimal business-process, which considerably reduces the time needed for SIMPLE-System introductions.
SIMPLE-System | Traditional software | |
Major attention to the most essential - the inventory | Scope | All sides of a firm`s economic activity |
MRP-system that manages inventory,
which includes accounting, demand forecasting, inventory norms setting,
operative inventory control decisions, effectiveness evaluation, simulation modelling, assortment optimization. The presence of a traditional accounting program is a necessary condition for the work of the system. |
Functions | Accounting-analytical procedures |
Proven as well as proprietory mathematical, statistical and analytical methods from the theory of inventory management. | Methods | Usage of the simplest mathematical methods of processing: addition, subtraction, multiplication, summary, group, etc. |
Simultaneous significant inventory reduction, decrease of transportation costs, deficit reduction and as consequence, an increase in profitability of inventory. Automation of the tedious part of the logistician's job and high level management control of the inventory. | Goal | Reliable, complete, operative and actual information about the economic life of the company |
Giving ready answers to main inventory management questions: what, in what moment, at what quantity to order | Results | Getting financial statements for taxation purposes and for managerial analysis |
Considers all the relevant parameters in determining the optimum inventory level | Parameters | No need to consider the parameters which influence the optimum inventory level |