Dashboard

You can’t manage what you don’t measure. The only way to keep on top of things is with focus:

  • the dashboard KPIs track your service levels and stock holdings, so you can monitor how you are improving
  • the exception lists highlight the worst offenders, enabling you to focus on items that are having a big impact on your business

Stock holding KPIs


Dashboard Stock Holding

  • Track your Stock value against your Model inventory
  • Easily find items with excess inventory
  • Review items that are selling less than the forecast before they end up with excess

Dashboard Excess Stock

  • Track the value of Excess inventory in your warehouse
  • Drill-down into the worst offenders and take action
  • Free up cash as excess inventory reduces

Potential Stock Outs

  • Get early warning of items that may result in excess
  • Delay orders, cancel orders, split an order into multiple deliveries or reduce order quantities to prevent future excess
  • Take multiple actions for the best inventory outcome

Service level KPIs


Dashboard-Fill-Rate

  • Track your actual fill rate against your target
  • Easily find items affecting the fill rate
  • Review items that are selling more than the forecast before they stock out

Stock Outs

  • Track the value of lost sales due to stock-outs
  • Drill-down into the worst offenders and take action
  • Make more sales with the right stock in the right place

Potential Stock Outs

  • Get early warning of items before they stock out
  • Take action to minimise lost sales
  • Prevent future fill rate issues

Make best use of your time

These days there is just not enough time to get to everything. By focussing on the top 5 exceptions for each of the KPI above, you will have a significant impact on the overall health of your inventory and the success of your business.

Remember:

  • Items shown on the “top 5” exception lists are the worst items in each category
  • Typically the top 5 exceptions are a significant % of the overall problem
  • Every item you fix on these lists drives your inventory towards your Stocking Policy

New items need attention


Dashboard New Items


New items have stock on hand and/or outstanding purchase orders but for which there is no demand. These items are highlighted so that you can:

  • If you do not want to keep the item in stock – make it non-stocked or obsolete
  • If the item replaces another item – Supersede it, enabling the new item to get a forecast based on the combined sales history
  • If it is a brand new item at this location – add a manual forecast based on your sales expectation

Highlight data purity problems


Dashboard Data Purity

  • Keeping your ERP data maintained is difficult
  • Planning replenishment requires accurate data for optimal order recommendations
  • Sage Inventory Advisor will highlight data issues, giving you lists of items to review and correct
  • With over 50 checks Sage Inventory Advisor will help you keep your inventory-related data accurate
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