The Parameter Generation System (PGS) can be utilized as a companion system to the ODM50 program, or as a stand-alone optimizer that further improves inventory utilization and control. The algorithms in the basic ODM50 allocation system are parameter-driven; PGS automatically adjusts the parameters for optimal performance based on historical demand and management objectives.
PGS uses the following techniques to generate allocation parameters that are consistent with user management strategies:
With the installation of PGS, basic product groups are defined. You provide company inventory management objectives for each product group. PGS applies these management policies to current inventory position and expected order demand to produce unique parameters for each stock keeping unit (SKU).
The PGS system will allow your organization to: