This forecast, along with an estimate of future demand
variability, is then used to calculate an inventory
replenishment order designed to enable the specified
level of customer service to be achieved.
At the heart of the system there is a comprehensive,
configurable and fully automated exception
management facility equipped to respond
directly or to alert management to those items where
special attention may be needed.
RightStock includes an Inventory Strategist
tool, which enables the user to explore the relationship
between stock level and customer service level with
a view to determining a corporate policy on stock levels.