Take control of your channel inventory
Entomo overcomes all of the data discontinuities inherent to multiplayer channels by automatically capturing, aggregating, cleansing, normalizing and reality-testing all of your partner data flows. In the end, this enables a holistic inventory management environment. This also gives your internal staff a single system of truth for seeing the big picture, backed by the tools for analyzing and managing all of the crucial details of inventory levels, flows, value and accountability.
Users can generate on-demand, interactive channel analytics with Entomo for an overview of inventory by partner, sales-in-sales-out trends, stagnating inventory, potential stock-outs, etc.
Improve your channel inventory management with these Entomo SmartHub modules:
- Channel Data Management (CDM) Suite
Your first step to better forecasting. Realtime POS and inventory data are captured, cleansed, normalized and enriched for consistency and "one system of truth."
- Transaction Valuation
Assign specific cost to specific product sold. POS transactions are verified and valued based on FIFO, price book, reported cost or other costing method to gain a true, consistent measure of sell-through cost and margin. Incorrect valuation can erroneously inflate revenues or commissions and make it nearly impossible to get an accurate channel inventory picture.
- SISO (Sales-In-Sales-Out) Inventory Reconciliation
Simple inventory reporting by channel partners is an important first step, but not sufficient. Inventory levels are validated with independent calculations, starting with transaction valuation. SISO inventory reconciliation is then performed to validate the correct beginning and ending inventory levels in the channel. SmartHub maintains perpetual (roll-forward) inventory and appropriate valuation and currency conversions.
- Inventory Programs
Channel-centric companies often employ inventory protection programs to partners rather than allow unlimited rights of return. Manage, approve and reconcile stock rotation, price protection and other inventory programs.
Key benefits include:
- Channel-wide accurate inventory visibility
- Increased revenue by minimizing stock-outs
- Cost savings from decreases in excess inventory and stagnant inventory write-offs
- Cost savings from decreases in expedited shipping
With Entomo, the bottom line is better accountability for the status, movement and value of inventories everywhere within the channel. This enables you to lower overall costs, improve efficiency, enhance customer satisfaction and ensure financial compliance.