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 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.
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
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.
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.
Powerful Classification Matrix
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
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.
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
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
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
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.
Inventory Management Best Practices
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.