Sage Inventory Advisor - Inventory Optimization Discussion. Russ Graf VP Sales, North America

Transcription

1 Sage Inventory Advisor - Inventory Optimization Discussion Russ Graf VP Sales, North America

2 NETSTOCK by numbers 3 inventory management applications developed and successfully introduced in Australia, South Africa, UK and USA by the Netstock Team m 5 companies of varying sizes we have worked with from small businesses to global multinationals in almost all industries across countries and continents years of perfectly matched experience in inventory management Largest number of items processed for a single customer every night Offices: Denver USA Sydney Australia Johannesburg South Africa Birmingham UK Werdohl Germany

3 What is Sage Inventory Advisor? Starting at $299 pm Sage Inventory Advisor is an affordable Cloudbased solution that integrates with Sage ERP systems to help you optimize your inventory: decrease working capital improve customer service save time Industries Manufacturing, Distribution, Retail & Mining

4 Inventory Problems We keep stocking out of our key products Too much of the wrong stuff? Still buying more of what doesn't move? Customers dissatisfied - do not have what they need? Calculating what to order takes too long? Private and confidential

5 Inventory Management Inventory Control Responsibility Manage the physical product Inventory Replenishment Responsibility To have the right stock at the right place at the right time Receiving inventory Storing Forecasting Ordering Counting (Stock Take) Labeling Alerts

6 Conventional Wisdom $ Good Service $ How to? Great Service Big $ in Stock Less Stock $ $ $ Improved Service Sage Inventory Advisor Cloud Solution What s Needed? Sophisticated but easy to use solution No new software Up and running with little effort just a few hours of training Gets the job done in ⅟10 of the time

7 Sage Inventory Advisor - Best Practices Inventory Visibility Early warning of items needing attention Potential Stock outs & Surplus orders Achieve more in less time Increased Sales The right stock in the right place at the right time Optimal ROP and Order-up-to Levels Helps grow your business Working Capital A balanced inventory Safety Stock set for the correct reasons Releases cash back into the business

8 BI Tool Designed To Address Two Questions Stock Outs Potential S/O Excess Surplus PO What needs attention today? Inventory Advisor What to Order? Product Importance Investment & Service Forecasts

9 VALUE of movement Product Importance QUANTITY of movement L M H A B C

10 Inter net How it Works Inventory Advisor Uploads Inventory data automatically extracted from ERP system and sent to SIA Sales Stock on Hand Warehouses Suppliers Purchase Orders Sales Orders Bill of materials Connector Information Dashboard Performance metrics Problem items Sophisticated forecasts Recommended orders Inventory projections Min/Max levels Dynamic reporting Client Host Machine

11 Demonstration

12 Sage Inventory Advisor Fee Structure Monthly Fees The monthly fee provides for an unlimited number of registered users Fees are due monthly in advance with a 5 day notice after initial 4 months This is based on the number of Stock Keeping Units at each Location referred to as SKULS up to 5,000 SKULS $299 up to 25,000 SKULS $399 up to 50,000 SKULS $499 up to 100,000 SKULS $599 up to 250,000 SKULS $799 above 250,000 SKULS $999 Example: 2,000 items 3 locations = 6,000 SKULS Once-off Initiation fee due at time of order (VI required for Sage 100) $2250 Includes: Installation, standard customizations, online training, support Note: The above fees exclude travel related costs and additional consulting time which will be agreed in advance with the customer ahead of being incurred

13 The Big Question Will I get Return for Money Invested? Excesses - Cost of inventory Stock outs - Lost sales Time saved

14 Next steps To learn more: Visit Sage Website Register for a webinar Talk with Socius Talk with Russ