Tuesday, April 13, 2010

Inventory Optimization with Sage Accpac ERP.

Inventory contributes to be your biggest cost center and revenue centre, your business wouldn’t work without the right kind of Inventory be it Raw Material, Finished goods or WIP. Today efficient Supply Chain management contributes to a lot of cost saving and reducing the inventory cost of a company. The complexities in terms of SCM have increased considerably, the reasons of the increase in this complexity is the wide spread nature of business, the increase in competition which has lead to the import and export of raw material from various countries, lead time associated with this trade, the quality and the diminishing margin are some other reasons. The buyer today is informed and for companies to strive in this competitive market it is very essential for them to have the inventory maintained to the most optimal level. The companies today want to maintain Just In Time (JIT ) inventory so that they avoid the risks associated with stocking inventory. But sometimes some wrong calculations or oversight of information or missing information can cause the JIT to fail completely and thus result in the loss of a customer and thus valuable business.

It is very necessary for business owners to have the exact idea of their Inventory Pipeline and utilize this information to the best to achieve Inventory Optimization. This optimization will only be achieved if the Business owners have a 360 degree view of their business , they ought to know the current orders , the order pipeline, the lead time to delivery , the expected delays, the priorities of orders , sales vs purchases , and more vital information like this. This can only be achieved if the business owners are well informed and have the correct information , they are supplied with the right information on a daily basis.

How do you achieve this??

It is often said that most of the decisions in a business go wrong not because of a bad judgement but due to the information supplied to pass that judgement . Business owners with their level of experience do not take the wrong decisions, the decisions are wrong because the information which is supplied to them is sometimes wrong or not as per standards. In today’s competitive environment where the margins are diminishing and the costs are going up it has become all the more crucial to manage the business with an eagle’s eye.
Your business can be efficiently managed with a Business solution that will support and take care of all the activities carried out in your business. You need a solution that will give you the right information at the right time. Sage ACCAPC ERP coupled with BI Alchemex is the right solution for your business. The combo offers you a complete 360degree view of your business and helps you plan your inventory better.


The benefits are as below:
• History of Sales Orders-Customer wise / Item wise
• Purchase Analysis
• Sales Analysis
• Item Analysis
• Reports on Fast Moving Items, High Revenue items etc
• Location wise inventory reporting
• Purchase orders based on Purchase Requisitions/ Sales Orders / Reorder Level
• Setting up reorder level
• Set up Multiple Price lists (Customer wise/ Item wise)
• Reports as you desire.


Let us help you choose the right solution contact us at sales@greytrix.com or call us at 022-67687847.

No comments: