Executive Briefings

Sage Issues Cloud-Based Inventory-Management Application

Sage North America has made available Sage Inventory Advisor, a cloud-based application which integrates with Sage enterprise resource planning (ERP) systems.

Customers receive a daily diagnostic of inventory while reducing time spent on forecasts, with the goal of determining the optimal investment required to achieve target fill, the vendor claimed. A dashboard provides visibility to critical inventory key performance indicators and financials such as stock holding, stockouts, potential stockouts, excess stock and surplus orders. The tool lists items that require immediate attention and permit drill-down to key data. An inventory-monitoring feature provides early warning of stockouts, potential stockouts or surplus orders, and recommends optimal replenishment levels. A classification matrix groups inventory into nine color-coded categories, while an ordering schedule shows which orders need to be placed based on item policies. A graphical forecast engine aids in forecasting and planning for replenishment orders. Sage Inventory Advisor is currently available for businesses running Sage 100 ERP, 300 ERP and ERP X3.

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Customers receive a daily diagnostic of inventory while reducing time spent on forecasts, with the goal of determining the optimal investment required to achieve target fill, the vendor claimed. A dashboard provides visibility to critical inventory key performance indicators and financials such as stock holding, stockouts, potential stockouts, excess stock and surplus orders. The tool lists items that require immediate attention and permit drill-down to key data. An inventory-monitoring feature provides early warning of stockouts, potential stockouts or surplus orders, and recommends optimal replenishment levels. A classification matrix groups inventory into nine color-coded categories, while an ordering schedule shows which orders need to be placed based on item policies. A graphical forecast engine aids in forecasting and planning for replenishment orders. Sage Inventory Advisor is currently available for businesses running Sage 100 ERP, 300 ERP and ERP X3.

Read Full Article