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Prophit Systems

by Prophit Systems · Since 2002
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ActiveAvailable globallyCloud
Quick facts
VendorProphit Systems
Year launched2002
StatusActive
LocationLevel 29, Chiffley Tower, 2 Chiffley Square, Sydney, NSW 2000, AU
Countries servedGlobal
Languages11
Integrations1+
Free tier
Free trial
Contact salesYES

About Prophit Systems

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Prophit Systems by Prophit Systems is an advanced inventory management solution designed to empower organizations with the tools necessary to streamline stock control, reduce inventory costs, and enhance supply chain visibility. Primarily built for manufacturing, distribution, and retail businesses, Prophit Systems focuses on providing intelligent planning, forecasting, and replenishment solutions that help companies strike a balance between customer demand and inventory efficiency. Among its standout features are dynamic safety stock optimization, demand forecasting, supplier lead time analysis, and intelligent replenishment planning—all aimed at reducing overstock, preventing stockouts, and improving overall service levels. Prophit Systems stands out with its core feature—inventory optimization through intelligent forecasting. It applies advanced statistical models to demand history to ensure accurate predictions and determines the optimal inventory levels needed for each item at every location. The system supports multi-echelon planning, allowing for complex distribution networks to be managed effectively. Features like supplier performance tracking, lead-time variability analysis, and order cycle recommendations help organizations make more informed procurement decisions.

Pros & Cons

What users like
  • +Clients have reported substantial reductions in working capital
  • +The tools provide dynamic information and insights, enabling faster and more informed strategic and operational decisions.
  • +Features like reliable forecast accuracy and optimized inventory contribute to better delivery performance and customer satisfaction.
  • +As highlighted in testimonials, critical features like S&OP can be implemented rapidly.
  • +Client testimonials praise the quick and personal response from Prophit Systems' technical support team.
What users flag
  • As a proprietary solution, there might be less flexibility for users to modify the source code
  • Businesses become reliant on Prophit Systems for support, updates, and continued development.
  • integrating complex systems always carries some level of potential complexity and requires careful planning.
  • it might imply less suitability or tailored features for other industries outside of manufacturing, warehousing, and distribution.

Features

Key features

Integrated Supply Chain Planning
Prophit Systems provides a comprehensive set of tools that work together to give a complete picture of the supply chain's performance and how to optimize it.
Scenario Modelling and Agility
The software offers advanced scenario modeling capabilities, allowing businesses to explore various options, compare potential solutions, and make informed decisions to adapt to changing market conditions and business needs.
Augmentation of Existing ERP Systems
Prophit Systems is designed to augment and enhance existing ERP systems (like SAP or Oracle) rather than replace them.
Focus on Demand and Inventory Optimization
Solutions like MPS and Autostock are specifically tailored to help businesses identify optimal inventory levels and replenishment strategies, freeing up valuable operating capital and improving delivery performance.
Rapid Implementation of S&OP Functionality
As evidenced by a testimonial, Prophit Systems can implement Sales & Operations Planning (S&OP) functionality quickly (within weeks), enabling businesses to rapidly integrate strategic planning into their operations.

Additional features

ForecastManager (Forecast Management)
Designed to improve budgeting, delivery performance, and overall cost of goods sold through reliable forecast accuracy.
RCCP (Capacity Planning)
Models all resources and cost drivers to deliver quick capacity plans with minimal assumptions.
E-Planner (Supply Planning)
A comprehensive tool providing a complete picture of supply chain performance and optimization opportunities.
Progress (Production & Reporting)
Maximizes manufacturing performance by helping the operations team understand and leverage cost opportunities.
MPS (Inventory Optimisation)
A demand and inventory planning software solution specifically for warehousing & distribution businesses.
Autostock (Demand Planning)
Identifies and executes optimum inventory and replenishment purchasing and warehousing to free up operating capital.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
11
Interface languages
11
Billing currencies

Interface languages

EnglishSpanishFrenchPortugueseGermanItalianDutchChineseJapaneseKoreanRussian.

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇯🇵JPY🇨🇦CAD🇨🇭CHF🇨🇳CNY🇮🇳INR🇲🇽MXN🇧🇷BRL

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