Efficient Inventory Management using Velocity Based RTAM

With Black Friday and Thanksgiving round the corner, Customers are gearing up for the mega event. The focus is to capture a large pie of market and inventory management becomes crucial in maintaining the continuity in order fulfillment through seamless sourcing and swift replenishment. This adds to the overall profitability and the brand value. Right from attracting the shoppers till ensuring a smooth stress-free checkout, an accurate visibility of inventory picture is highly desirable and thoughtful use of features like velocity based RTAM can certainly add up to measures avoiding problems in inventory management.

 

Velocity-based RTAM, as introduced since OMS 9.3, offers the capability of dynamically monitoring the velocity i.e the rate at which inventory gets depleted at a warehouse. Based on this velocity, RTAM can calculate and predict when to actually process an item. While doing so, it makes activity RTAM more intelligent and empowers it with decision making abilities, instead of following the static, rule bound numbers. The feature provides the monitor agent with much needed breathing space by avoiding unnecessary processing of items, reducing significant memory and processing overheads and giving improved response times. Given nearly same hardware capabilities, activity RTAM can thus process even more records.

 

You can refer below presentations to understand how velocity RTAM works and its related configurations :

http://www-01.ibm.com/support/docview.wss?uid=swg27046028&aid=1
http://www-01.ibm.com/support/docview.wss?uid=swg27048535&aid=1