Demand Variances

Demand Variances

How do I fulfill variable demand across channels, SKUs and time-driven events to become truly omni-channel?

Choice, convenience and control is the modern buyer’s mandate. Are you ready to deliver on it? Solve the omni-channel matrix to deliver on the choice & variability buyers expect and bottom line value you need.

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1. How do I store and manage ONE inventory (despite inventory variability such as size, form factors, fragility) across channels?

1

Get a single view of inventory and order pattern across channels

Inventory can be stored in different units of measurement (UOMs) like pallets, cases, eaches etc. Unlike traditional systems, which are very rigid in handling multiple UOM’s of inventory, GreyMatter models the inventory in a manner which allows the coexistence of all UOM’s. This allows for storing of different levels like cases, inners and eaches in the same storage location. The GreyMatter manager dashboard (daily operations board) generates real time graphs giving a single view of order patterns and inventory in the DC across all channels thereby simplifying monitoring and managing inventory allocation and omnichannel fulfilment.

GreyMatter Solutions


Manager Dashboard
Real-time graphs to help operate and monitor daily performance
2

Maximize Storage space to keep inventory for all channels

A modern omnichannel DC has to manage different inventory types – fast-slow moving, pallet, cases, eaches. The DC has to always maximize the storage space to be able to store and keep the inventory in motion for faster yield. GreyMatter multi-floor operations boosts storage efficiency by enabling the system to handle operations across multiple floors. Also, the forward storage space is a premium location. And with the dynamic nature of inventory, the ABC classification keeps on changing due to different factors like seasonality, etc. Therefore, It becomes very important to ensure that slow-moving SKUs are removed from the forward zone to make space for fast moving, newer inventory.

GreyMatter Solutions


Manager Dashboard
Boost storage efficiency with multi-floor operations

N-Deep
Boost storage efficiency with n-deep operations

Re-slotting & Dynamic Storage
Maximize storage space in the forward pick zone for faster fulfillment
3

Handle multiple Unit of Measurement (UOM) of inventory from same location

Inventory can be stored in different units of measurement (UOMs). GreyMatter allows handling multiple UOMs of inventory from the same location. Based on the order trends, system automatically optimizes the split between different UOM’s so that all channels have sufficient availability of inventory. The system can also utilize multiple UOMs to fulfill an order. Building further on this capability, the system allows for dynamic allocation of inventory across multiple channels thus enabling warehouses to implement the inventory-in-motion concept.

GreyMatter Solutions


Hierarchical Inventory Support
Flexibly handle multiple Units of Measurement of inventory from a single inventory location

Business Policy Driven Storage Strategies
Get omnichannel ready with dynamic allocation of inventory across multiple channels

2. How do I run multiple process flows simultaneously from the same FC to serve omnichannel fulfillment (different order types)?

1

Process agility to handle single or multiple fulfillment workflow

An omnichannel DC needs to respond to changes in order patterns across channels. If a retail chain wants to go online and wish to utilize the same DC for both store and eCommerce customer orders, then it needs to execute multiple process flows and define a different material handling and picking strategy for different order types. It could be replenishment orders, or allocation orders for store fulfilment, or click and collect order or an ecommerce consumer order. GreyMatter’s advanced fulfillment engine gives you the flexibility enabling you to switch between single or multiple order flows and orchestrate multiple business processes, making the warehouse truly flexible, and at the same time, omnichannel capable.

GreyMatter Solutions


Advanced Fulfillment Process Options
Leverage GreyMatter levels to either handle single or multiple fulfillment processes

Custom business process orchestrator
Ability to orchestrate multiple business processes within a single warehouse
2

Flexible picking to optimize operations in real time

GreyMatter™ allows flexible picking rules which can be configured on the fly. Customers can configure these picking rules as per the business needs like ‘higher throughput’, ‘strict SLA’ etc.. System intelligently optimizes the operations in real time basis the rules defined, such that the output/throughput can be maximized. GreyMatter uses tagged inventory capability to enable changes in inventory tag value on runtime so that a host of functions can be performed for specific batches of an SKU. This helps to manage lot allocation and execute picking strategies based on preference rules in real time.

GreyMatter Solutions


Picking Strategies
Intelligently optimize the operations in real time basis Inventory Attribute, PBT/PAT Policies, Business attributes

Lot Management & Control
Flexibly execute picking strategy and lot allocation with tagged inventory capability
3

Modify fulfillment priority in real time to handle orders with strict delivery promise

GreyMatter™ provides an extremely flexible way to manage customer’s changing business needs like ‘higher throughput’, ‘strict SLA’ etc. via configurable business rules. Customers can configure these picking rules as per the business needs. System intelligently optimizes the operations in real time basis the rules defined, such that the output/throughput can be maximized.

GreyMatter Solutions


Dynamic Order Optimization & Prioritization
Modifies fulfillment priority in real time to handle orders with strict delivery promise

Express order handling
Get priority picking at a dedicated PPS for on-time fulfillment of express orders

Picking Strategies
Intelligently optimize PBT/PAT Picking RULES in real time

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