Managing inventory is much more than simply keeping track of how much you have on hand. For some companies, inventory is both the biggest asset on the books and the hardest to manage. Optimizing inventory levels requires a special balancing act as well as the right tools and insight. Let's take a closer look at how the Sage Inventory Advisor add-on for Sage 100 can help.
Simply put, Inventory Optimization is striking the perfect balance between stocking as little inventory as possible while still having enough on-hand to satisfy customer demand and fill orders quickly. Because when you stock too much inventory, you drive carrying costs up, use up warehouse space, and increase the risk of inventory obsolescence and write-offs. But when you stock too little inventory, you might have problems filling customer orders in a timely fashion - and that puts you at risk of losing the customer to a competitor or having to purchase more expensive “emergency” stock from another vendor.
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Get in touch and we’ll follow up to schedule a demo so you can see how Sage Inventory Advisor works hand-in-hand with Sage 100 to help you strike the perfect balance between too much and not enough!