Ducks Web Add-Ons can help you fine tune your procurement, inventory, debtor and manufacturing management requirements.

Purchasing Optimisation and Procurement (Ducks Web POP)

  • Too much Inventory?
  • Still have Backorders?
  • Products sitting on shelves?
  • Need to improve your Cash Flow?

There are some simple causes of a businesses investment in inventory increasing year on year and if you have thousands of products rather than a couple of hundred it’s hard to manage – it takes too long to calculate the demand for each Products and so MIN / MAX’s are outdated.  Unusual sales spikes and long delivery lead times can mean you are ordering too many, too few, too early or too late!

Inventory optimisation programs tend to be either too simple i.e set a MIN / MAX or require a pilots licence to use.

To address this need, we created our own solution Ducks Web POP to help you improve your cash flow, customer satisfaction and retention by eradicating Backorders.  It is easily loaded on your EXO database in less than an hour, training takes the same amount of time. We’ll even install for a free evaluation.

Click to read how Ducks Web POP can help you make smart purchasing decisions?

Ducks Web POP contains clever algorithms that calculate demand for each Product called Average Daily Sales using Working Days and then we throw in:

  • Actual Lead Time Days based on prior shipments so you know that your ‘Safety Stock Days’ is accurate
  • Minimum Order Quantity (MOQ)
  • Economic Order Quantity (EOQ)
  • Minimum Order Value (MOV)
  • Order Value for Free Freight

So now that you are working with highly accurate information, there are five simple steps.

  1. Run X2 Reorder Point Calculator to update MIN / MAX based on
    – Actual Sales History (Current or Prior Year for seasonal businesses)
    – Actual Lead Times
    –  Safety Stock Days (Days Covered)
  2. Run Purchase Order Alerts Reports for recommended purchasing / replenishment
  3. Decide what to order and from which supplier using the X2 Inventory Level Projection Enquiry
  4. Raise Purchase Orders using EXO Forecast Based Purchase Orders (so you don’t have to key in the Products and quantities)
  5. Clear slow moving and unwanted Products using the X2 Inventory Clearance Report

If you really want to impress your accountant or bank manager, share the Inventory Optimisation Investment Report that calculates the optimum investment for every product you offer and total investment required. Most clients discover that this is actually about 20% less than their current inventory valuation

What our clients say:

We have have tested at a couple of SKU’s  Reorder Point Calculator is working beautifully – DUCKS POP gives gives us the flexibility and options to set optimum inventory levels for both high and low seasons and you have designed this beautifully for us.

The most impressive thing about DUCKS POP is anyone can make smart purchasing decisions. You follow the steps and spend your time making the right decisions on what, when and how many to buy.

The daily DUCKS POP Purchasing Alerts Report means we never miss reordering a product

The DUCKS POP Reorder Point Report calculates the exact optimum investment we should have in each product – makes it a lot easier when talking with our bank and external accountant

DUCKS POP Reorder Point Report clearly showed were we were over and under stocked and how we could reduce our inventory investment by 22% without backorders

The integration between EXO Forecast Based Purchase Orders and DUCKS POP is brilliant as it takes into consideration MOQ’s and EOQ’s so we always order the quantities our suppliers offer at the best prices

So whether you’re looking for:

  • inventory optimisation
  • manufacturing management
  • debtor management

Discuss your requirements and organise a free evaluation using your own data (in a copy of your live EXO database)

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