Mars Inventory Replenishment Planning and Forecasting

Order the right items, in the right quantity, at the right time. Mars Inventory Replenishment Planning and Forecasting brings Buyers the tools they need to optimze the inventory replenishment ordering process. Forecast thousands of SKUs from all of your vendors while using lead time and order frequency to your advantage.

About NBDS

Founded in 1972, National Business Data Systems strives to help its customers achieve a higher level of profit by reducing overall inventory and carrying costs through a scientific optimization process in the cadence and quantity of inventory ordered.
The company has provided solutions and implementation services to distributors and manufacturers since its inception.
​​ By capitalizing on both the history and recent trends in stock movement we are able to help our customers achieve cost reductions while maintaining or increasing the fill level on all inventory, and reducing or eliminating inventory on slow moving items.
​ The original inventory replenishment software platform was built in consultation with Charles Bodenstab author of "A New Era in Inventory Management," and has evolved over the years to the platform it is today through our ongoing efforts with our customers and partners.

A New Era in Inventory Management

Mr. Charles Bodenstab spent more than 30 years in various executive positions at major corporations before he acquired the failing Battery and Tire Warehouse in St.Paul, Minnesota. In just one year, by implementing strong inventory control and cash management programs, he turned the company profitable, where it remained until he sold it very favorably ten years later. The concepts and technology he developed during his early corporate days, and their practical refinement for the distributor, are the basis for his book.

The first section of the book deals with a variety of Inventory Management tools that are widely misused and rules that are routinely violated by many distributors. Their correction can offer some very quick, high-payoff opportunities - it did at Battery and Tire Warehouse.

The second section of the book develops, step by step, a series of concepts and techniques that, when brought together in a computer software system, becomes one of the most powerful, easy-to-use inventory replenishment systems in the country today. The system stresses simplicity in use, though not particularly in its internal methodology.

With Mr. Bodenstab's system, the user can build a replenishment order on a particular vendor and have a purchase order in the vendor's hands within 15 minutes. Yet this order will have tracked trends, seasonality, and aberrant demand movements; comprehended palletizing requirements, minimum order amounts, and price breaks; and allowed for easy, rapid human intervention to introduce overrides in areas known only to the user.

Mars was deveoped in consultation with Mr Bodenstab. Companies using this system have routinely demonstrated a quantum improvement in both inventory turns and order fill rates, with reduced order preparation time as a final bonus. Through this system, NBDS offers the distributor a win-win-win opportunity!