Recording usage patterns and using them to determine future requirements is a powerful feature of WAERlinx. It is particularly useful in Vendor Managed Inventory (VMI) scenarios where it can be used to determine the required levels of inventory at a particular location.
With usage capture enabled, a profile is built that can then be used to set the replenishment trigger levels and quantities at particular locations in order to minimise inventory levels and replenishment journeys while ensuring availability. This, in turn, can be used as the basis for contractual agreements with suppliers. For example, the contract would require a supplier to maintain between eight and twelve weeks’ inventory at a particular location based on its usage figures. This can be further enhanced through the use of build rates to predict fluctuations in usage.
WAERlinx reports and KPIs show historical usage patterns and, where appropriate, a supplier’s performance measured against predicted usage of the inventory.