Drive your inventory planning with a well-defined policy
Sage Inventory Advisor will drive every replenishing decision based on your stocking policy, which allows you to balance two very important aspects of your business:
- Investment in stock – How much money you can invest in stock
- Target fill rate – The service level you wish to provide to your customers
Sage Inventory Advisor allows you to achieve higher fill to your customers and reduce the amount of money invested in inventory. This is achieved by allocating safety stock to the green blocks (important fast moving items) and taking it away from the red blocks (invaluable slow moving items).
Once your stocking policy is set, Sage Inventory Advisor will set an appropriate safety stock level and compute a model level for every item in every location. Now it’s easy to see where your stock is out of balance.