PALMS™ Smart Returnable Pallets Management System

Products

Objective

The core objective of the PALMS™ Smart Returnable Pallets Management Application implementation was to digitize, streamline, and centralize returnable Pallet and packaging materials management. With a focus on tracking the Pallet circulation lifecycle, managing supplier interactions, and ensuring real-time visibility into inventory movements, PALMS™ supports:

– Supplier-wise delivery scheduling
– Pallet stock and transaction lifecycle tracking
– Automated call-off and planning
– Handling of damage, excess, and shortage scenarios
– Full-fledged integration with client systems

Process Transformation Through PALMS™ Smart Returnable Pallets Management

PALMS™ implementation included key modules such as:
– Masters & Core Data Configuration
– Planning and Projection Engine
– Dispatch Planning & Logistics Coordination

Master data elements included suppliers, SKU master, layering instructions, and delivery schedules.

The planning module automated empty Pallet projections considering call-off forecasts, stock levels, and transit quantities.

Dispatch module managed the dispatch quantities and schedules, integrated with e-Way Bill generation and delivery challans.

Lifecycle Visibility and Exception Management

PALMS™ incorporates:

– Excess Handling: Verification and reconciliation of excess Pallets.
– Shortage Resolution: Discrepancy tracking and stock transfer.
– Damage Management: ASN and GRN generation for damaged goods.

These modules ensure end-to-end visibility and integrity in inventory management.

Advanced Reporting and Reconciliation

PALMS™ includes a suite of reports for operational insight:
– Daily dispatch vs. receipt
– Plan vs. actual reports
– Coverage and variance reports
– Monthly and annual reconciliation reports
– Stock-taking dashboards

Business Benefits Realized

Operational Efficiency:
– Reduced manual entry and cycle times
– Automated planning and dispatch

Cost Control:
– Improved utilization and lower losses

Business Intelligence:
– Unified dashboards
– Predictive and analytical planning