25 Reasons to Upgrade to HIMPACT
Know More: Get Better Results and Higher Customer Satisfaction
Here are the top 25 ways HIMPACT provides higher value:
Advanced demand forecasting translates to higher sales
New proprietary forecasting techniques improve the tracking of market shifts on new, promotion, and trending products. Actual Order Entry Demand is used in our Service and Lost Sales Analysis (SALSA). SALSA’s new approach greatly improves forecast accuracy at the DC level. As a result, HIMPACT customers see dramatic improvements in service and increased sales.
Decrease inventory with less safety stock
HIMPACT’s new forecasting methods boast an improved, more accurate safety stock calculation which lowers safety stock by 30 to 50 percent.
Faster trend spotting with daily re-forecasting
HIMPACT’s daily re-forecasting shows you true demand for every SKU. This helps provide higher service at lower costs.
Actively manage your profitability and service
Daily and automated forecast exceptions
Daily exceptions are delivered as part of the enhanced buyer TODAY page. This helps our users make adjustments today, before placing any orders. This feature immediately improves the quality of buying decisions. For dips and spikes in demand, HIMPACT provides a suggested solution for user approval or modification, instead of just flagging the problem.
Filter promo demand down to chain and store
Revolutionary demand filtering let’s you drill down and identify by chain and region and store what was sold on promotion. Buyers gain a better understanding of customer promotions and greater visibility to true demand.
Seasonality within the week
Daily variation in demand within the week is automatically tracked for each product and location. The seasonality within the week is integrated into replenishment ordering, delivering a better flow of product, particularly for short shelf life products.
Daily lead time forecasting
Some systems manage lead times through a report with an all or nothing update option. HIMPACT provides daily exception alerts with more accurate results, enabling buyers to selectively edit and update information down to the item/location level.
Use “big data” to drill down for better insights
All functionality available for store, DC, and vendor managed inventory (VMI)
All key functionality for store replenishment, DC replenishment, and VMI is available at all locations in your network. For example, if you want to forward-buy using direct store delivery (DSD) vendors, we support that.
Actively manage your profitability and service
Robust tools let you actively manage the trade-offs between safety stock, service goals, margin and actual service down to the Location-SKU. Manage one segment of your business to maximize profits. Manage others to maximize service for specific Customer/Channel/Product categories.
New user interface provides access everywhere
The User Interface is clean, logical, and intuitive, providing users easy access to all information and increasing productivity. Herlitz legacy users learn HIMPACT in less than one day. Since it is a cloud-based software, you can access the system from anywhere with your laptop or tablet.
Use your current ERP or legacy interfaces and be up and running in days. Complete an inexpensive and quick technical implementation in weeks, no months.
Robust and easy to use forward buy modeling
HIMPACT has enhanced forward and investment buying that handles multiple deal terms. A new simulation tool supports “on the fly” testing of proposed deal scenarios. Review the benefits and then develop your own alternatives for negotiations with suppliers. Spread your forward buys out over a broader planning horizon.
Simulate your future promotions
Future promotion projections can be uploaded, run and saved. Simulate a “planned buy” using date ranges, item mixes, and uplift factors. Once you are happy with the results, you can save it for execution at a later date.
Fully integrated KPI scorecards
The key performance indicators are integrated into the solution. The system is tracking all key metrics, on a daily or weekly basis.
Improved due order logic
New due order replenishment logic supports more items per vendor. With HIMPACT, there is no need to split large vendors into sub-vendors by grouping fast & slow moving items.
Simulate forecast changes and compare
Simulate forecast adjustments, then review and compare the results with the current values before updating. Repeat your adjustments until you get the right results, then update the forecast information.
More precise order building
Precision orders are built to more exact specifications, which minimizes investment and ensures the lowest landed costs.
Improved new SKU roll out and pattern after
HIMPACT’s tools simplify the new item and supersession processes.
Enhanced truck split
Improved truck split supports three constraints concurrently. For example, buyers can use Cube, LBS, and $USD simultaneously or select from any of the the 9 Units of Measure we support at the Truck, Vendor and Item Levels. Input the multiple constraints of your truck fleet and build loads to those specifications. This greatly improves the coordination of replenishment with inbound logistics planning.
Start and stop dates on vendors, locations, notes, and forecasts
Buyers can automate the inclusion and exclusion of key information on a time phased basis, which increases productivity.
Enhanced PO and reporting delivery
Export reports in your preferred format; Excel, PDF, e-mail and more.
Increased note capabilities
Key documents can be attached in various areas so they are available when questions arise.
Better drill downs
HIMPACT offers up to 5 levels of groupings for system defined and user defined custom groups, for a total of 10 options. We’ve also increased ranking capabilities so you can increase your focus.
With HIMPACT, we are confident you will see improvements in sales and service over your current solution, whether you are using SAP, Microsoft Dynamics, Oracle, JDA AWR or ASR.
If you have any questions or would like additional information, please contact us today for a free discovery call.