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The inventory-monitoring module takes replenishment triggers from ERP’s or physical sensors as input to automatically generate a new:

Call-off on an existing contract, or

RFQ if there is no current contract, or the existing contract is about to expire.

Typically a replenishment trigger will come from the buyer’s ERP system. In some cases it will be necessary to install physical sensors in case the ERP data is not considered reliable or sufficiently up-to-date. ChemUnity can supply such inventory-monitoring systems for both liquid and dry goods.

By implementing this module huge efficiency gains can be expected since stocks are reviewed automatically and users only need to become involved once the offers have been received and a purchase decision must be made.