Inventory Planner by Sage Description
Ensure your top-selling items remain in high demand by maintaining adequate inventory levels that align with customer needs. Free up cash that’s locked in slow-moving or excess stock so you can reinvest in your leading merchandise. Monitor precisely what you need to restock and the optimal timing for reorders, taking into account critical aspects like lead times, out-of-stock durations, seasonality, and more. By having a consolidated overview of all your sales platforms and inventory sites, you can ensure the timely replenishment of the necessary products, no matter where your business operates. Utilize seasonal forecasting techniques for enhanced accuracy in predicting the demand for your seasonal offerings. For products with consistent monthly sales, adopt non-seasonal forecasting and customize your timeframe to analyze sales patterns effectively. Leverage historical stockout data to improve demand predictions, as this method calculates forecasts based on item availability, disregarding periods of unavailability. By implementing these strategies, you can optimize your inventory management and significantly boost your sales performance.
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Inventory Management Software
Inventory Planner by Sage User Reviews
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Single Platform for Inventory Management Date: Apr 25 2020
Summary: The single platform for purchasing, stocking, managing warehouse and managing sales orders. Auto notifications help the current inventory and manage average moving ratio. Bin Location is the good option for tracking the item at warehouse. Pick Ship process is fast and bar code to the master items maintain the stock up to the point.
Positive: Good platform for management of Inventory of any sort of item at any place. Master list can add attributes to the stock items. The reorder rate can be set initially for notifications of new orders. Update automatically with Purchase orders and Sale orders.
Negative: Returning items has to upload from different channel. Need to scan the same coding for update automatically in the master.
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