Managing inventory effectively across various facilities is crucial to meeting customer demands swiftly and efficiently. HotWax Commerce empowers retailers with a robust Available-to-Promise (ATP) app that allows seamless configuration of safety stock levels tailored to the unique demands of each facility.
Determine which facility groups require specific safety stock levels based on their demand. Retailers can create custom facility groups as needed by following our .
Navigate to Launchpad -> ATP app -> Safety Stock.
Click on the + icon in the right-bottom corner of the app.
Name: Provide a descriptive name for the rule.
Safety Stock: Enter the desired level of safety stock.
Facilities:
Select all facilities: Toggle this on if the same safety stock level applies uniformly across all facilities.
Included: Add the facility groups where this safety stock rule should be applied.
Excluded: Optionally exclude specific facility groups from this rule if necessary.
Products By Tags:
Included: Filter products that require this safety stock level using product tags.
Excluded: Optionally exclude specific products based on tags from this safety stock rule.
Products By Feature:
Included: Filter products based on features that require this safety stock level.
Excluded: Optionally exclude products based on features from this safety stock rule.
Once rules are established, a dedicated service generates a CSV file containing all specified safety stock levels. This file is securely exported to the designated SFTP server for further processing.
The scheduled Import_Product_Facility service imports this CSV file into the Order Management System (OMS), ensuring swift updates without manual intervention.
The Process_Bulk_Imported_Files service then swiftly processes the imported data, updating safety stock levels across selected products and facilities. This automated workflow minimizes errors and accelerates response times.
HotWax Commerce’s ATP app empowers retailers to enhance operational efficiency and responsiveness through sophisticated safety stock management. By leveraging customizable rules and automated workflows, retailers can optimize inventory levels across diverse facilities, ensuring customer satisfaction and operational excellence.
Learn to implement effective strategies to manage stock levels and mitigate fulfillment discrepancies with HotWax Commerce's Safety Stock manual.
In omnichannel retail, "Safety Stock" is a key strategy for managing inventory effectively. Unlike traditional practices, it prevents committing all stock to online orders. Instead, when a store's inventory drops below a set threshold, the remaining stock is reserved exclusively for in-store sales.
Omnichannel retailers often face inventory discrepancies, where system records don't match actual stock. Safety stock helps mitigate the risk of accepting orders that can't be fulfilled due to these discrepancies.
This manual guides users in setting up safety stock for optimal inventory control.
Streamline stock control for multiple products across diverse facilities effortlessly.
The Bulk Safety Stock feature in the HotWax Commerce platform is a powerful tool that enhances users' ability to efficiently manage safety stock for multiple products across various facilities.
Navigate to the Hamburger Menu > PIM > Products to open the View Products page.
Choose filters to select multiple products or search for the specific product for which you want to set up safety stock on all facilities.
Click the Manage Safety Stock button to set the safety stock.
Enter the desired safety stock values for the selected products
Click the Export function to generate a CSV file containing the safety stock details for the selected products.
Navigate to the EXIM subsection from the hamburger menu.
Find the Imports category, then the Warehouse subcategory, and finally click on Safety Stock to open the Safety Stock Import Data page.
Upload the previously exported CSV file to update safety stock values for the products on the existing facilities.
Check that the status is updated as Finished in the Result Section, ensuring the successful completion of the safety stock update process.
By following these steps, users can seamlessly leverage the Bulk Safety Stock feature within the HotWax Commerce platform, contributing to a more efficient and comprehensive safety stock management system.
Target high-demand scenarios by setting up customized safety stock levels for specific products at designated facilities.
The ability to Set Individual Safety Stocksin the HotWax Commerce platform provides retailers with a targeted solution for addressing high in-store demand scenarios. This feature is particularly significant for retailers aiming to set up safety stock for specific products at a designated facility
Navigate to the Hamburger Menu > Warehouse > Inventory to open the `View Inventory`` page.
Search for the desired products using any product identifier such as product SKU, product ID, internal ID, or product name.
Click on the specific product to go to the Product Inventory View page. This page has the complete inventory details for the specific product.
Click on the inventory configurations to go to the Product Inventory Configuration page. this page allows users to manage inventory configurations of those products across the HotWax Commerce
Click on the edit icon in the last column of the facility for which you want to set safety stock, also called minimum stock.
Set the desired safety stock and then click on the next button.
Finally, click on the save button to save the safety stock configuration.
By following these steps, users can efficiently utilize the Set Individual Safety Stocks feature within the HotWax Commerce platform, allowing for targeted and responsive safety stock management tailored to specific products and facilities.