Reduce Excess Inventory | Inventory Advisor

Why is it that you always have too much of the items that don’t sell? Excess inventory in your warehouse is a major problem:

You have to warehouse it, costing you money
You have to insure it, costing you money
It’s value depreciates over time, costing you money
It gets stolen, costing you money
You have to keep counting the same stock over-and-over, costing you money
A large chunk of working capital is tied up in dead stock, costing you money

Your business can do so much better

Imagine how quickly you could get rid of the Excess Inventory in your warehouse if you never ordered the wrong stuff? You would only order inventory that actually sold (and made a profit), instead of inventory that didn’t move (and cost you money).

What if you could always place the best order, even if your supplier imposed large ordering constraints on you?

And when you’ve placed an order, but market conditions change, do you find out too late? Wouldn’t it be wonderful if you found out in time, so that you can cancel the order or at the very least reduce the quantities?

So how does Sage Inventory Advisor do it?

Stock Holding

Track your Stock holding over time against your Model inventory
Quickly drill into your highest stock levels
Make sure you’re heading in the right direction
Review items that are selling less than the forecast before they end up with excess

Excess Stock

Track the exact amount of Excess inventory in your warehouse over time
Drill-down into the worst offenders, so that you can take immediate action
Sometimes it is better to write-off dead stock, than to carry it for years and years

Surplus Orders

Get early warning of orders that you have placed that will push your inventory into excess
Cancel or reduce those orders to prevent your precious working capital being tied up in dead inventory

Need to fill a container?

Instead of blindly throwing items into the container to fill it, let Sage Inventory Advisor suggest important items that are coming up for ordering next
Easily pick the fast movers, or important items. Even though these items might be in excess when you receive the stock, they will sell quickly
This allows you to turn your container-filling exercise into a profit-making exercise
Add to an order based on Value, Units, Volume or Weight

Don’t let oppressive ordering constraints push you to order too much

Often your supplier imposes Minimum Order Quantity (MOQ) constraints
Sage Inventory Advisor will recognise these, and show you how much you are over-stocking because of them
This allows you to either negotiate a better deal with your supplier, or seek a different supplier without the constraints
If nothing can be done, Sage Inventory Advisor will stretch your ordering cycle to accommodate the MOQ, even reducing the Safety Stock needed for the item, to minimise the impact of the constraint