KEY PERFORMANCE INDICATORS

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What Our Customers Are Saying

Critical Path to Success

In order to achieve your KPIs (Key Performance Indicators), you first need to address and solve critical issues that block your path to success. VALOGIX Inventory Planner dynamically and automatically identifies, tracks, and displays key or critical issues every day. This process helps to define your daily workflow that will lead to successfully achieving your goals. The Critical Path to Success!

These are some of the CPSIs Valogix tracks and alerts you of:

  • Impending stock shortage (Impending Stock-out Alerts)

  • Shortage of stock to fill accepted customer orders (Committed Alerts)

  • Excess Inventory (Forwarding Aging Analysis)

  • Inactive or obsolete inventory (Forward Aging Analysis)

  • Inaccurate inventory mix (Investment Analysis)

  • Replenishment stock – new buys, transfers, production work orders (Planned Orders & TPP)

REDUCE PLANNING TIME

Automate Your Inventory Planning Process

  • Forecasting – up to 36 months with on-screen editing
  • Replenishment planning—new orders, transfers, work orders – by Item and Location

  • Optimization—reduces costs and improves service automatically

Valogix delivers ready to use solutions that are very easy to use, affordable, and provide you with a high rate of return. The data interface automatically imports all the data needed from your ERP/Accounting system. While generating a forecast, it sets optimal shelf stock and displays a complete replenishment plan every day, automatically. Just review and approve.

“Because of Valogix, ICI has been able to eliminate hundreds of spreadsheets used to track sales & purchases in each of their warehouses. Eliminating these spreadsheets saved more than three hours per day of tedious manual effort, saving money and allowing their staff to concentrate on other areas of the business. And finally, customer satisfaction has increased due to having the correct mix of items in the right locations when needed.”

Rick Crowder

Vice President, General Manager, ICI

“Using Valogix means  that the risk of over-purchasing or sitting with excess or slow moving stock is virtually eliminated. Instead of money being tied up in unwanted inventory, it’s free to be ploughed into the business where it is needed more, such as to fuel the company’s future growth.”

Demetre Nikolopolous

MD, Plastics Warehouse

SLASH INVENTORY COSTS

Dynamically identify and reduce excess stock. Based on our experience, it is quite common to find excess and obsolete stock representing 30 to 60% of inventory and to find that 45% of the time customer demands cannot be met. At worst, companies lose sales – at the best they must ship items at a premium in order to fulfill orders, further driving down profit margins.

By not using advanced inventory planning and optimization solutions you are missing out on the opportunity to FREE UP CASH! Cash right now, cash at hand sitting in your inventory. Based on an inventory value of $1M and an average inventory reduction and productivity gains of about 20-30%, as much as $200 to $300K in positive cash flow can be realized. That is anywhere from $16-25K every month in the first year, adding almost $190K to your bottom line.

Advanced inventory planning & optimization leads to having the right mix of items at the time the customer asks for them.  Satisfied customers are great references and bring other new customers to you.

A better balanced inventory means that more of your customers orders will be satisfied the first time they place them. Customer service level management is one of the intrinsic values to Valogix solutions. Repeat orders from current satisfied customers are more profitable then acquiring new customers. If you money is tied up in very slow moving, excess and inactive stock you won’t have the cash you need to buy more of the items your customers want.

Cash right now, that’s what’s at hand sitting in your inventory. As an example, based on an inventory value of $1,000,000 and an average inventory reduction and productivity gains of approximately 20% – 30%, as much as $200,000 to $300,000 in positive cash flow can be realized.  That is anywhere from $16,666 to $25,000 per month.

If your inventory investment is $5,000,000 a 20% reduction means a $1,000,000 savings. When you calculate the monthly savings it equates to 19% of the total inventory reduction. This is a combination of reduced cost of money, insurance, warehouse cost, personnel, etc. That’s $15,833 every month and in the first year adds almost $190,000 to your bottom line.

“We’ve reduced our inventory value by $320,000 in a very short time while maintaining 95% or better fill rates. Shifting the focus from keeping up with our growth to managing working capital has truly allowed us to stay ahead of the competition and keep our customers coming back.”

Antonio Castillo

CFO, Herramientas Poderosas

“We have increased our productivity by 30 hours a week and by only ordering what we need, we’ve significantly reduced our excess stock while at the same time, increasing  service levels across all of our lines.”

Maurice Riley

Vice President, General Manager, CamLab

BUY SMARTER

Automated planning tools work in conjunction with ERP software to improve the inventory planning processes. Automated tools   consider several factors—budget, carrying costs, planning horizon, leads times and more—to create an optimal stocking quantity. The entire planning process must be in sync to create a plan that works—from forecasting to setting stock and calculating replenishment levels, and from purchasing to production.

Valogix delivers ready to use solutions that are very easy to use, affordable, and provide you with a high rate of return. The data interface automatically imports all the data needed from your ERP/Accounting system. While generating a forecast, it sets optimal shelf stock and displays a complete replenishment plan every day, automatically. Just review and approve.

BOOST PROFITS

Advanced inventory planning and optimization not only automates the entire planning process, it also dramatically increases positive cash flow. Smartly reducing inventory, mitigating stockouts, decreasing expedited shipping costs as well as planning time mean less money going out, and more money to invest in the business. Increased sales and productivity gains add to the competitive advantage.

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Customer ROI Results:

  • Reduced expediting and emergency shipments by 35% or more

  • Improved productivity by reducing planning time by 60% to 85% or more

  • Controlled and reduced replenishment spending by 15% or more

  • Reduced purchased items costs by 3% to 5% or more

  • Decreased “hold for parts” by 27% to 35% or more

  • Decreased backorders by 12% to 20% or more

  • Reduced stockouts by 18% to 25% or more

“One very significant benefit from the implementation of Valogix is the bottom line—we are buying smarter and our inventory is turning quicker.  As a result, our service level increased to more than 95% and our revenue is up 10% from the previous year; VALOGIX was a wise business investment.”

Jim Monteith

Chief Information Officer, Translectric

VALOGIX SOLUTIONS:

  • Are Easy to Use and Affordable
  • Simple to use and highly effective

  • Exception based—alerts warn of future issues

  • The most optimization power for the money

Provide Visibility to All Items and Locations

  • No second guessing where stock is or where stock is needed

  • Planning Groups increase productivity and performance

  • Key customers can be planned for better service

Install On-Site or Access In the Cloud via the SaaS Model (Software-as-a-Service)

  • Highly flexible architecture allows installation at your site, or Go to the Cloud

 

Additional Customer Results

  • Improved Working Capital from Reduced Days Supply

  • Reduction of Inventory (Stock) Investment Value

  • Reduction in Inactive and/or Obsolete Stock

  • Improved Gross Profits

  • Reduction of Lost Sales

  • Reduction of Expedited Shipping Expense

  • Improved Time Savings from Faster Planning

  • Lower Purchasing Costs Due to Better Vendor Management

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