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From Home Furnishing Business

Storis Releases Version 10.2, New Features Focus on Transfer Capabilities

Retail software provider Storis has released version 10.2 of its popular software platform, packed with new functionality that helps retailers meet customers’ need for speed through streamlined operational processes.

Internal Transfers across a retailer’s supply chain make efficient use of inventory and enable retailers to fulfill orders faster. Storis 10.2 introduces a new process called “Schedule and Build a Transfer Manifest.” This process enables retailers to prioritize Transfers needed to fulfill Sales Orders within an expected delivery date range. With this process, as an example, a retailer can search for, "all Transfers needed to meet delivery dates between November 20-23." The search will provide a list of all applicable Transfers and the retailer can select which Transfers to add to a manifest.

Further, to help retailers pack trucks for Transfer routes, retailers can designate a group of merchandise going to a single Transfer location as a Load. Loads can be used to establish a packing order for added efficiency.

Another key area of enhancement is Storis’ new Multi-Legged Transfer Processing that offers new capabilities and system control settings. A Multi-Leg Transfer is when inventory moves via stop locations from its originating Stock Location to its ultimate Fulfillment Location. Storis offers two methods to fulfill stock via a Transfer. The first is designating a single Alternate Stock Location for a store. For more advanced logistics, retailers can now build a Stock Location Schema, which will prioritize Stock Location lookups down a hierarchy in an effort to meet the stock requirement.

Within Multi-Leg Transfers, a retailer can build a Distribution Location Schema to set via locations that can exist along a Transfer route from a Stock to Fulfillment location. Retailers can also populate a “Scheduled Period Days” table to designate how many transit days it typically takes for inventory to move from one location within their supply chain to another. These Period Days will enable calculations to more accurately forecast when an item ordered on a Sales Order linked from a Multi-Leg Transfer will be Available to Promise to the customer. Also, it will allow for logistical planning along the Multi-Leg Transfer route.

Direct Ships are another fulfillment method rising in popularity. In Storis 10.2, retailers have greater flexibility in editing, adding or deleting individual line items within as well as an entire Direct Ship Purchase Order. The updated platform will lead the user to consolidate a single Direct Ship Purchase Order if multiple line items are entered on the same Sales Order for the same vendor.

Storis Release 10.2 will be available for live demonstration at the upcoming Winter Las Vegas in the company’s showroom, located on the 10th floor Building B in the HFA Retailer Resource Center.



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