Check out Sage 300’s Inventory Advisor

Are you tired of seeing the out of stock message pop up?  Do you find yourself frantically calling around the company to try to find the very last widget because your warehouse is out of stock?  If this sounds familiar, something may be amiss in your information system. You can solve many of these warehousing and distribution problems with a combination of improved warehouse management systems and financial and ERP tools.  If you are looking for a tool that is integrated and accessible throughout your company, you may want to take a peek at Sage 300 and Inventory Advisor.

Check out our free whitepaper, Better Inventory Management - Big Challenges, Big Data, Emerging Solutions, to get a jumpstart on solving your warehousing and distribution challenges.

Predicting the Demand Curve and Order Cycle

It can be difficult to predict your company’s demand curve without historical data. Some industries find that orders fluctuate greatly from year to year, seasonally, or even monthly. That’s where having accurate, real-time data really comes in handy.

With Sage 300 and Inventory Advisor integrated into your warehouse management system, you’ll be able to run reports on sales to assess the demand curve and predict future orders. The order cycle can be assessed and analyzed, too, and changes made in your stock levels based on predictions derived from data. These systems use accurate, timely data, so you are always accessing the latest information. It makes predicting demand much easier throughout the organization.

Technology to Use the Three M’s: Monitor, Measure, and Manage

Warehousing and distribution managers talk about the "three M’s": monitoring stock levels, measuring current stock and forecasted demand, and managing supplies according to that demand level.

With the right data at your fingertips, each element among the three M’s becomes easier to address. Real-time data accessed through cloud-based systems helps you monitor stock levels and react swiftly to increased demand, marketing pushes that create demand, and other situations that may increase orders and necessitate reorders.

Measuring existing inventory is also easier. Accurate data, transmitted through the swipe of a barcode reader or even via smartphone scan, helps you get a complete picture of what is available within your warehouse.

Managing inventory is also easier with the right systems in place. Stock can be moved from one location to another to fulfill pending orders. Managing bin locations, shelf areas, and other tasks related to warehouse management could also be accomplished quickly with the right data at hand.

Knowledge Is Power

When it comes to warehouse management, knowledge—specifically, accurate and timely data on your stock situation—is power. Without it, your work is based on guesses.

We all want to run an efficient and effective warehouse and accurate, timely data can help you do that. It is critical to know what is in stock, how much is in stock, how long it will take to replenish key items, and where the items are housed. This task can be easier to accomplish with great business software like Sage 300 and Inventory Advisor. This software can synthesize and collate data from numerous parts of your organization. Using the web-based interfaces allows you to see the data you need, no matter where you are. This powerful knowledge will help you manage your inventory levels so you don’t find yourself frantically looking for that item.

Better Warehouse Management with PositiveVision

PositiveVision provides consulting and services to warehousing and distribution companies. We can help your warehouse run more efficiently and provide you with the right tools to gather accurate and timely data. With the right data, you can better manage your business. Learn more on our website or contact us today.