An Optimized Inventory Solution
Cloud-Based, Inventory Management Software for Sage 100
Bring automation to your inventory processes and leave manual systems in the past.
Sage Inventory Advisor utilizes the simplicity of cloud-based deployment to help manufacturers, distributors, and retailers.
Leverage the power of big data
The Sage Inventory Advisor Dashboard tracks all of the key indicators you’ll need to properly manage your inventory, including stock-holding and why you’re overstocked, as well as Fill Rate and why you’re not providing the best possible service to your clients.
Measure Inventory Holding
Compare existing stock holdings to an ideal model in real time.
The dashboard shows users all of the things that they’ve overstocked, which contributes to their large stockpile.
An early warning system that alerts users to Purchase Orders that will exacerbate the overstocking situation.
Fill Rate Performance
Keep track of how well you’re actually serving your consumers as opposed to what you’re aiming for.
Instantly observe which goods are sold out, resulting in a loss of sales.
Receive notifications when goods are on the verge of becoming out of stock.
Monitor Top Items
Even if there are hundreds of things that contribute to an issue, concentrating on simply the top five will have an instant beneficial impact.
When looking at issue items, look at the Classification of each item to make an informed conclusion. Stocking out of a low-cost item isn’t as terrible as stocking out of a high-cost A-item.
Sage Inventory Advisor shows you how each KPI trends over time.
Gives you confidence in making strategic plans for your business.
You’re probably focusing on urgent issues rather than essential projects if you feel like you’re constantly putting out inventory fires.
Working on critical jobs helps you to make sound decisions and move the company ahead.
Eliminate obsolete items and put the non-stocked items into a separate category
Classify items into A, B and C categories, based on future sales and cost or margin
20% of the items make 80% of the sales
High Velocity Items
Some items are not high revenue generators, but they move fast
These important items get their own classification, so you can focus on them
Powerful Classification Matrix
Your bread-and-butter items which warrant most of your resources
Items that contribute nothing but noise to your business. Consider rationalizing this portfolio of items
Special items you should plan for in a different way to your normal items
High Level Policy
Specify how much investment you want to make into each category via the Target Fill Rate setting
Determine how often you want to review and order each category with the Replenishment Cycle setting
Sage Inventory Advisor will automatically generate optimal ordering plans based on your desired Inventory Policy
Urgent VS Important
Everywhere an item is displayed in SAGE Inventory Advisor you see the item’s classification
Knowing where an item fits into the matrix allows you to determine if the problem you’re dealing with is Urgent or Important
Fight fewer fires on items that just don’t matter
Advanced forecasting results in improved customer satisfaction with less stock: Generate reliable sales forecasts that factor in seasonality and trends.
Efficiently find problem areas. Easily assess the overall results and loop in sales and senior management.
Process & Tools
Finds seasonality and trends automatically and creates a reliable baseline forecast
Easily identifies problem items and lets you apply your business insight and knowledge to get the best results
Feeds into the inventory planning and levels automatically
Automatically selects the most effective formula for each product each month
Uses a visual interface that allows you to easily identify inventory issues
Allows you to make the final adjustment and override results with your business insight
Get an accurate picture with top-down visual summaries
Make quick adjustments at an aggregate level to deal with changes
Top 5 lists let you focus on core issues quickly
Full reports allow you to go deeper as time allows
Use these lists and reports to facilitate team collaboration
Monthly over/under assessments to see how you improve over time
Individual forecast risk drives the buffer stock calculations
Stock level reacts to your forecast accuracy per product per warehouse
Classifying, forecasting and setting an optimal stocking policy means nothing if you don’t execute on that policy.
Sage Inventory Advisor’s Recommended Order Schedule drives every order with the goal of achieving the most balanced, optimal inventory holding.
Scan rapidly through the suppliers that need ordering from. Action the most pressing Purchase Orders first.
Ideal Purchase Order
SageInventory Advisor’s recommendation is always perfectly aligned with your stocking policy. The order ensures that the correct inventory lands in the warehouse at exactly the right time.
Panic around events like Chinese New Year is a thing of the past. Simply look forward the desired amount of time and order today what you would have had to order during the shutdown.
Swiftly Review Orders
Review and revise only those orders where you have additional insight or issues that the computer would not know about. Review the highest value spend more closely to get the best value for your spend.
Intelligently Fill Containers
If the ideal order doesn’t quite fill a container, you can top-up the order with items that will come up for re-ordering soon, instead of mindlessly adding future excess.
Integrate with ERP
With a single click, the ideal order gets executed in the ERP*. No manual, error-prone capturing of data needed.
*For certified ERP systems
Is it difficult to view bill of material flow through from finished goods demand? Are you running out of some components and raw materials while holding too much of others? Do you wish you had the ability to review and easily amend recommended manufacturing/purchasing plans?
Sage Inventory Advisor’s Manufacturing allows users to optimize stock levels and stay on top of impending issues
Explodes demand from finished goods forecasts through multi-level bill of materials to components and raw materials.
Shows dependent demand consumption by contributing finished goods and total for the raw material/component.
Maintain Right Stock Levels
Factor in the risk of inaccurate forecasts for the next level up products in the BOM structure and avoid running out of components and raw materials needed to keep production running.
Flag phantom assemblies used to make the production process more visible in order to blow through that demand without building stock.
Flexible Manufacturing Plans
Manufacturers don’t normally change the production plans every day, but traditional re-order point ordering and planning assumes that you do.
This disconnect leads to emergency changes and rushed jobs, which hurts production, stock and your team.
Sage Inventory Advisor minimizes changes needed by using a “Look forward days” to factor in the period until the next planning can take place.
Amending the look forward cover for just a week increases the items due for ordering and the panel indicates the impact on lines, units, value, weight and volume so you can better understand and plan.
Once you’ve confirmed the order report, your schedule is created for review and confirmation.
Look at the visual graphics for sales and forecasts to identify unexpected patterns or anomalies.
Drill into the item for a more detailed understanding if needed.
See how the levels vary by day for a year into the future to better understand the orders being projected.
Even small companies often have a fairly complex supply chain.
Sage Inventory Advisor assists you in managing the orders at all the echelons of your supply chain. This results in the right inventory in each node at the right time.
Demand Flows up
From your customers to your retail outlet, to your central Distribution Center to your supplier. Whether it is forecast demand or firm Customer Orders, the correct demand will flow all the way through to your supplier
Lead Times and Risks
Every link between nodes in your supply chain can have different Lead Times. And the supply risk between each node is measured continuously. An appropriate Safety Stock is then set at each node, ensuring that your Fill Rate objectives are met everywhere.
Place Orders Confidently
Every time you place an order on your external suppliers, you are guaranteed that the demand in the entire supply chain is intelligently taken into account.
Create transfer orders from your locations onto your DC-based on calculated demand and risk profiles. Don’t just use historical deliveries to drive this as demand patterns and risks change all the time.
Create visibility at each node in the supply chain of not only what stock is elsewhere, but the status of that stock. This makes it far more effective to identify where stock can be moved from and helps reduce the overall excess at the same time.