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Demand Planning Management

Enhance the precision of predictions by incorporating four projection techniques, namely linear regression, moving average, seasonal average, and sales forecast, directly within the forecasting algorithm.

Boost your business's efficiency and profitability with Demand Planning, an advanced tool that empowers businesses to accurately predict their future inventory needs. By harnessing historical demand data, seasonality trends, sales forecasts, and other crucial metrics, Demand Planning enables you to make informed decisions on when and how much to reorder. Say goodbye to understocked or overstocked warehouse shelves and minimize carrying costs by optimizing your stock levels with precision. With improved forecast accuracy thanks to Demand Planning, you'll ensure your shelves are always stocked with the right products to fulfill orders promptly and meet customer expectations effortlessly.

Improve Forecast

Enhance the precision of forecasts by incorporating four projection techniques - linear regression, moving average, seasonal average, and sales forecast - directly in the forecasting algorithm.

Cash Flow

Improve the monitoring of essential inventory and its prompt requisition to decrease carrying expenses and minimize the cash invested in stock. This allows for better management of pre-orders or excessive material procurement, ultimately fostering cost efficiency.

Optimize Inventory

Improve inventory management through the comprehensive assessment of available stock across multiple locations. This enables businesses to optimize stock utilization while minimizing overall inventory levels, resulting in reduced overhead expenses and carrying costs.

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Unified

Bringing data, technology & expertise together to transform your business and make future-ready.

Connected

Integrating different varieties of data to enhance transparency, insights, and transform digitally to capitalize on data and innovate without boundaries.

Interoperable

Reliable & Resilient – your platform & partner for digital transformation without limits.

Accuracy, Efficiency, and Trust

Experience a multitude of benefits that awaits

  • Streamline inventory management by ordering stock as required, reducing operational expenses and eliminating surplus items. Additionally, ensure efficient stocking and replenishment based on sales patterns.
  • Guarantee optimal stock levels for fulfilling customer orders, avoiding unnecessary excess inventory that could lead to unsold items or discounted prices.
  • Utilize comprehensive insights on material requirements to prevent excessive preordering or unnecessary material allocation, thereby minimizing carrying costs and optimizing cash flow.
  • Enhance forecast accuracy by leveraging four advanced projection methods - linear regression, moving average, seasonal average, and sales forecast - within the forecasting algorithm.
  • Generate precise forecasts by analyzing historical sales data and seasonal trends, effectively minimizing surplus inventory that may go unsold.
  • Strategically plan for future demand to ensure product availability and maximize sales potential.
  • Eradicate redundant expenses associated with storing unsold inventory, optimizing overhead cost management.
  • Facilitate smooth production workflow by ensuring timely availability of materials, preventing any delays or interruptions.

Prominent attributes to enhance your organization

Nirmalya platform effortlessly integrates financial management and accounting with robust compliance management, resulting in enhanced business performance and improved efficiency of financial close processes, all while substantially minimizing back-office expenses.

Demand Forecasting

Streamline your Demand Planning Process for Optimal Efficiency Revolutionize the way you evaluate and present expected orders with our cutting-edge Demand Planning feature. With its structured approach, our software enables companies to calculate demand, review demand plans, and make necessary revisions seamlessly. Simplify your supply planning process by generating accurate supply plans and easily reviewing and editing them as required. Finally, efficiently generate purchase, transfer, and work orders, while also having the option to generate actual transactions and skip planned orders if desired. Maximize your operational efficiency with our comprehensive demand planning.

  • Enhance adaptability and nimbleness when addressing dynamic market situations, evolving customer preferences, or altering business strategies.
  • Streamlining the supply planning process fosters improved agility and responsiveness, empowering companies to effectively tackle unforeseen circumstances or meet customer demands efficiently.
  • Ensure supply plans are synchronized with the demand forecast for optimal inventory management, decreasing instances of stock shortages, and lowering overall carrying expenses.

Multi-Location Inventory

Enhance your inventory management capabilities with our revolutionary Multi-Location Inventory feature. Gain real-time visibility and effectively define inventory across multiple locations effortlessly. Our user-friendly platform offers a hierarchical organization of locations, ensuring a comprehensive view of your inventory network. With the ability to define relevant countries, global businesses can tailor the system to their unique requirements. Simplify your planning process by automating transfer orders between locations, streamlining operations and boosting productivity.

  • Achieve real-time visibility and establish inventory control effortlessly across multiple locations, enabling swift response to customer demands, mitigating stockouts, and optimizing your supply chain.
  • Enhance the planning process by implementing automated transfer orders, eliminating the requirement for manual intervention. This helps reduce the occurrence of human errors and ensures streamlined inventory movement throughout your network.
  • Streamline operations and elevate productivity to concentrate on strategic tasks like demand planning, forecasting, and enhancing customer satisfaction. This enables a more efficient workflow and promotes overall operational efficiency.

Parameterize Items

Streamline your inventory management process with Item wise parameter setup to easily define the parameters affecting each item. Seamlessly set the availability of an item for demand planning, enabling you to make informed decisions for future demand projections. Establishing an alternate source for a new item with no sales history has never been easier, allowing you to expand your sourcing options. Take control of distribution networks by specifying the appropriate category for each item, enabling effortless inventory transfers between locations. Furthermore, you can align the system with your unique requirements by defining additional planning parameters tailored to your business needs.

  • Streamline sourcing by simplifying the process for each item and broadening sourcing options, reducing reliance on a sole supplier and minimizing risks linked to disruptions in the supply chain.
  • Facilitate seamless inventory transfers between different locations by enabling effective categorization of each item.
  • Adapt the system to meet the unique requirements of your business, considering specific product attributes, vendor prerequisites, and customization preferences.

Allocation Management

Experience a new level of control and efficiency in order allocation with allocation exceptions management feature. With a comprehensive view of all supply sources, planners can effortlessly ensure that high-priority orders are shipped complete and delivered on time. Our intelligent supply reallocation recommendations enable resources to be optimally redirected from multiple unallocated orders to fulfil priority orders first, all while minimizing the impact on other customers. Through streamlined demand planning functionality, the time taken to plan, review, and execute reallocations is significantly reduced.

  • Gain valuable insights into resource availability and make informed decisions regarding resource allocation. By thoroughly understanding the sources of supply, planners can guarantee that high-priority orders are promptly and completely shipped, thereby boosting customer satisfaction.
  • Facilitate easy prioritization of orders based on their importance and urgency. By categorizing orders into distinct priority levels, planners can efficiently allocate resources and ensure that critical orders are given top priority in fulfilment.
  • Mitigate the impact by strategically redistributing resources from unallocated orders to fulfil priority orders. This careful approach minimizes any adverse effects and ensures that urgent orders are promptly attended to.

Resolving a wide range of challenges

Obsolete Inventory

Accurate forecasts, derived from analyzing historical sales and seasonal patterns, play a pivotal role in mitigating the accumulation of surplus unsold inventory.

Lost Sales

Make certain that the product is readily accessible and optimize sales by meticulously forecasting future demand.

Overhead Costs

Reduce the additional costs attributed to the storage of unsold inventory by minimizing unnecessary overhead.

Production Schedule

Efficiently manage material availability to prevent any disruption in production caused by delays in goods arrival.

Optimize Inventory

Utilize demand-based ordering effectively minimizes surplus inventory occupying shelves and simultaneously alleviates the burden of carrying costs.

Enhance Profitability

Ensure that you maintain ample inventory to meet customer demands, while avoiding the burden of having excessive stock that may remain unsold or require markdowns.

Nirmalya has empowered us to implement operational transformations seamlessly within our organization, leading to a significant reduction in the time required to conclude financial reporting activities at the end of each month. Moreover, by leveraging a unified platform, we have successfully streamlined our processes, achieving remarkable operational efficiencies.

N Kedarnath | CIO, Oriclean

Accelerated Value Realization

Our implementation strategy is designed to ensure that your business operations undergo a swift and seamless transformation, resulting in faster time to value. Our experienced consultants utilize a structured approach that combines extensive industry knowledge with the latest implementation techniques. This enables you to expedite the deployment of our powerful solution and experience a rapid return on investment.

Through our streamlined process, you can optimize productivity and streamline business processes with minimal disruption. We have consolidated the expertise gained from global deployments into a set of leading practices, providing a clear path to success and delivering rapid business value.

With Nirmalya, you can confidently expect to go live within a predictable timeframe through smart, stepped implementations.

How much does it cost?

Nirmalya offers its services to companies of all sizes, including startups, fast-growing businesses, medium-sized enterprises, large corporations, and non-profit organizations. We assist these companies in streamlining their operational capabilities without the need for significant capital and operational expenditures. By eliminating the burden of maintaining an Enterprise Resource Planning system, which typically involves investments in manpower, hardware, and software, we help companies focus on their core activities.

Our collaboration with companies involves an initial setup fee for implementation, followed by an annual license fee based on the modules chosen by the customer for implementation. As businesses expand, customers have the flexibility to incorporate new modules as needed.

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