Sage Inventory Advisor
Sage Inventory Advisor is an affordable cloud solution that helps companies reduce excess inventory and working capital, while eliminating occurrences of items being out of stock. It connects to Sage X3 data to deliver real-time health checks on the inventory that impacts the bottom line, reduce the time spent on forecasts, and resolve the optimal investment required to achieve target fill rates. A Web and mobile solution, Sage Inventory Advisor is easy to use and slashes time spent on forecasts and ordering. It can be implemented cost effectively and used in just hours.
Benefits
- Reduce excess inventory by 10%-15% and improve inventory turns
- Reduce working capital and free up 15%-20% of cash tied up in inventory
- Improve fill rates by 2%-10% and eliminate occurrences of items being out of stock
- Reduce time spent on forecasting by as much as 50%
Features
- User Interface—easy-to-use web and mobile interface uses standard browser behaviour with contextual information display for clarity
- Dashboard—provides visibility to critical KPIs and allows drill-down to data details
- Inventory Forecasting—dynamic, graphical forecast engine assists the user in forecasting and planning for future replenishment orders
- Inventory Monitoring—early warning of (potential) out of stock occurrences or surplus orders
- Classification Matrix—classifies items into colour-coded categories based on calculated metrics such as velocity, quantity sold/consumed, and value of sales/consumption, allowing users to rapidly identify and focus on important items
- Ordering Schedule—shows what orders to place based on item policies (stock levels, forecasts, etc.). Allows sorting of purchase orders by personal preferences
- Order Management—provides view of recommended new orders by the supplier to place for the day. Provides the ability to amend orders and send them back to the ERP for processing
- Interactive Reports—critical and detailed information to help optimise inventory
- Supplier Performance—charts help the user to identify good or poor performers and plan purchasing. Assists user in setting dynamic safety stock based on supply risk
- Item Data—provides a single view of all item information, in one place
