Sage Inventory Advisor by Netstock

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.
Benefits

Leverage the power of big data

Accurately forecast

Improve profitability

Key Features

Dashboards To Manage By Exception

The only way to keep on top of inventory performance is with KPIs to track how you're improving over time, and exceptions lists to highlight items that need attention today.

Classify Items to Focus Resources

Classify items by value and velocity to continually focus your attention, and working capital, on the items that contribute most to your bottom line.

Forecast With Ease

Plan today by knowing what you're going to sell tomorrow. Computer-generated forecasts take the drudge work out of daily operations. Augment these with market intelligence from your sales team for optimal forecasts.

Orders at the click of a button

Automatic Inventory data collection and processing gives you ideal order recommendations with one click.

raw materials and manufacturing

Order the correct raw materials, at the right time and in the right quantities, to fulfill the forecast demand on the finished good items

Procure centrally, then distribute

Orders at the central warehouse cover direct sales from the central warehouse and rolled-up demand from all sub-locations.

DASHBOARD

The Sage Inventory Advisor Dashboard measures all the Key Indicators you need to manage your inventory effectively: Stock-holding, and why you’re overstocked, as well as Fill Rate, and why you’re not servicing your customers as well as you can.

dashboard image

Measure Inventory Holding

Instantly see current stock holding, compared to an ideal model

The dashboard highlights all the items where you are over-stocked, contributing to your high stock holding

An early warning system to alert you of Purchase Orders you’ve placed that are going to magnify the over-stocked problem

Fill Rate Performance

Track how well you’re actually servicing your customers vs what you’re targeting

Instantly see which items are stocked out, losing you customer sales

Get alerts ahead of time of items heading towards a stock-out

Monitor Top Items

Even though you might have thousands of items that contribute to a problem, focusing on only the top-5 items will make an immediate positive impact.

Make an informed decision when looking at problem items by looking at the Classification of each item. Stocking out a low-value item isn’t nearly as bad as stocking out of a high-value A-item.

Monitor Trends

Sage Inventory Advisor shows you how each KPI trends over time.

Gives you confidence in making strategic plans for your business.

CLASSIFICATION

If you feel like you’re fighting inventory fires everyday, you’re probably working on urgent issues, and not important tasks.

Working on important tasks allows you to make calm choices and propel the business forward.​

Classifications image

Automatically Classify

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

FORECAST

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.

FORCASTING

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

Inventory Holding

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

Accessibility

Get an accurate picture with top-down visual summaries

Make quick adjustments at an aggregate level to deal with changes

Identify Outliers

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

Measure Inputs

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

ORDERING

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.

Ordering Image

Prioritize Orders

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.

Supplier Shutdown

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

Manufacturing

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

manufacturing

BOM Explosions

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.

Distributing

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.

distribution

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.

Inventory Transfer

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.

Emergency StockOuts

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.

Inventory Management Best Practices
Customer Testimonials

Perhaps one of the biggest advantages of Sage Inventory Advisor is the dashboard, especially when you are looking after numerous stores with large inventory listings

MICHAEL ROWLAND
INVENTORY MANAGER @ ZEBBIES LIGHTING

More about NETSTOCK

NETSTOCK is a global software development, sales and support organization with substantial operations in Africa, Europe, the UK, Australia, and North America. With decades of deep domain knowledge in the area of Inventory Optimization, we are focused on providing sophisticated yet easy to use tools deployed in a SaaS model for businesses of all sizes — worldwide.

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