Manhattan Active® Allocation: Revolutionizing Inventory Allocation
Managing short-lifecycle inventory efficiently is crucial for reducing product markdowns and minimizing stranded items in the supply chain. Manhattan Active® Allocation, offered by Manhattan Associates, is a cutting-edge solution designed to streamline inventory allocation processes with precision and accuracy. By leveraging advanced technologies like AI and machine learning, this innovative tool helps businesses optimize allocation strategies, ensuring products reach the right place at the right time.
Key Features and Benefits of Manhattan Active® Allocation
Manhattan Active® Allocation offers a plethora of features that can revolutionize how businesses manage their inventory allocation processes. With size-optimization algorithms, the platform helps in aligning inventory with consumer demand, minimizing stockouts and excess inventory. Furthermore, the software utilizes advanced machine learning capabilities to group inventory by store and style, optimizing allocation at a granular level. By analyzing demand patterns and selecting prepacks based on expected consumer needs, Manhattan Active® Allocation ensures efficient distribution of inventory across all channels, including store-based fulfillment.
Advanced Integration and Enhanced Forecasting
Incorporating store-based fulfillment and real-time integration with order management systems, Manhattan Active® Allocation offers seamless connectivity across the supply chain network. This ensures that businesses can meet demand spikes effectively, leveraging their entire inventory network. Moreover, the solution improves demand forecasting by providing predictive analysis, even for fast-moving, short-lifecycle products like fashion. By simplifying modeling and infusing intelligence into the allocation process, businesses can make data-driven decisions and optimize inventory allocation strategies.
Manhattan Active® Platform: A Foundation for Success
Supported by the Manhattan Active® Platform, this inventory allocation solution is backed by a cloud-native, evergreen, and extensible foundation. With composable microservices and an API-first architecture, the platform ensures automated scalability, resiliency, and availability. Businesses can benefit from continuous updates every 90 days, receiving new features and enhancements to keep their operations at the forefront of innovation. The platform's innovation independence, offering low code, no code, and custom code development options, provides businesses with the flexibility to configure and customize the solution according to their unique requirements.
Drive Efficiency Across the Entire Supply Chain with Manhattan Solutions
In addition to Manhattan Active® Allocation, Manhattan Associates offers a comprehensive suite of supply chain solutions, including Warehouse Management and Transportation Management. By integrating these solutions, businesses can achieve total coverage for their supply chain commerce needs, optimizing operations and enhancing efficiency. Whether controlling demand, supply, labor, and automation with Warehouse Management, or managing carriers, rates, and loads with Transportation Management, Manhattan's solutions are designed to drive operational excellence and ensure a seamless supply chain experience.