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Absolute Value
Absolute Value

Product: Addon (Integrated) Software
Forecasting and Replenishment

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Contact: Ann Vitale
One Meca Way
Norcross, GA 30093
Ph: (678) 389-7289
Fx: (770) 564-5635
Email: avinfo@absolutevalue-us.com

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User Range

Release Information
Current Version Number: 2.86
Release Date of Current Version: November 11, 2011
Expected Release Date of Next Upgrade: June 1, 2012
Vertical Markets
Wholesale Distribution; Industrial; Electronics; Fasteners; Pump, Valves, and Fittings; Food; Sporting Goods; HVAC; and Consumer Packaged Goods

Operating System: Windows
Hardware Platform: Windows
Presentation: GUI

Saas (OnDemand), OnPremise

Now distributors can solve their most pressing forecasting and replenishment needs without changing their ERP system, and without making a considerable up-front investment.

Absolute Value is a world class Software-as-a-Service, best-fit forecasting, and multi-site replenishment solution for distributors. The solution allows users to reduce inventory levels and increase profits, while concurrently improving customer satisfaction.

With rising inventory costs, extended lead times, and increasing demands for customer service, a savvy distributor can now address these needs with Absolute Value. This key solution, with its immediate and on-going ROI, has a proven track record in forecasting and replenishment at more than 235 installations. With a leading-edge SaaS implementation methodology, Absolute Value provides a low-risk solution that addresses the critical needs without the complexities of an ERP system decision or making a long-term commitment.

The Functionality of the Application
Arriving with 18 base formulas, Absolute Value uses the very accurate best-fit forecasting methodology to reforecast the past, in order to determine the best forecasting method, by item, each period, for the future. Best-fit forecasting allows for more accurate stocking decisions and minimizes stock outs. Great forecasting is only half the battle today. With the long-lead times now required for items, accurate replenishment is equally important. The best solutions must provide an accurate suggested order, so that item orders are placed at the right time based on lead time and stocking levels.

Absolute Value develops an automated Order Point and detailed time phased expected inventory for use in determining when to purchase additional inventory. It also uses several methods of developing a suggested order including Economic Order Quantity (EOQ). The Net Time Phased Expected Inventory Function provides an additional view of items across time. The end result, a Suggested Order, can be used to create a purchase order that takes into consideration both cost breaks and lead time when calculating procurement details.

Collaborative Forecasting enhances the Absolute Value solution by providing a vehicle to capture information related to major customers’ anticipated buying patterns or promotions throughout the year.

Absolute Value removes the traditional barriers of the past.

On Demand SaaS Architecture accelerates Absolute Value:

Fast and Continuing ROI to Free Up Cash
Quick, Straight Forward Implementation
No IT Infrastructure Required
Low Upfront Investment, No Long-Term Commitment
OnPremise option available

Absolute Value delivers ERP Independence:

No Need to Change your ERP System
Will work for you before, during, and after an ERP Change
Works with Disparate ERP Systems Across your Organization

Absolute Value provides Visibility:

More than a Forecasting Engine
An Out-of-the-Box Solution, Not a Black Box Solution
Yields Greater Visibility for More Effective Decisions
You See Why Each Recommendation is Made
You are in Full Control

Absolute Value ensures the highest quality solution:

Premium Best-Fit, Formula-Based Forecasting
Accurate Replenishment with Lead Time Consideration
Multiple Warehouse Support
Hub and Spoke Replenishment
Seasonal, Trending, and Low-Usage Item Management
User-Defined Forecast Views
Collaborative Forecasting
Container Planning
Distribution Requirements Planning

World-class services extend Absolute Value:

Quick, Streamlined Start-Up Implementation Support
Ongoing Access to the Most Current Software
User Certification
Forecast Processing Optimization
Unlimited Telephone and Email Support
Quarterly System Reviews
Educational Webinars

Absolute Value is proud to earn your company’s business every day.