Inventory Concerns?

By April 23, 2013Blog

Does your company have problems with stock outs? Or, does your company have too much inventory in stock? Do you spend too much time calculating re-order quantities?

You’re not alone.

A survey conducted by Sage found that 42% of companies report issues with stock outs, 37% keep too much inventory in stock and 21% spend too much time calculating reorder quantities.

One possible solution to these issues is Sage Inventory Advisor.  Why Sage Inventory
Advisor?

Sage Inventory Advisor

The Sage Inventory Advisor was designed to help you deal with these problems by anticipating them before they happen so you can adjust on the fly and avoid the unnecessary weight that inventory can place on your daily business operations.

With efficient, easy to use organization templates already in store, the Sage Inventory Advisor allows businesses to answer the most important question:  What if?

Knowing what to order, when to order, and how many to order, is an essential part of day-to-day operations.  With the ability to forecast the effect of inventory on your business’ long- and short-term goals, while tracking past sales reports to predict future sales, you will be more knowledgeable and confident in the security of your stock.

With the Inventory Advisor, you can track the life cycle of products from pre-order all the way through sale, while integrating the economics of each order to ensure stability.

Through understanding the finance of each product, you are accurately able to assess risk and manage it.

The combination of logistics and economics translates to assertive purchasing and cognizant decision-making.

With the cost of sales analysis feature, you can rank products by sales and profit, which provides the benefit of deeper understanding of all cash flow.

With real-time adjustment, live running totals are always on sight, keeping you ahead of the game and on top of your business.

Sage Inventory Advisor is compatible with Sage 100 ERP, Sage 500 ERP, and Sage ERP X3.

To learn more about how Inventory Advisor by Sage can impact your business by:

  • Reducing excess inventory by 10% to 15% and improve inventory turns,
  • Reducing working capital and free up 15% to 20% of cash tied into inventory,
  • Improving fill rates by 2% to 10% and eliminate stock outs,
  • Reducing time spent on forecasting by 50%,

 

Contact us at 877-979-5462 or email us here.

SWK Technologies, Inc.