Inventory is the lifeblood of your business; it probably represents the biggest number on your balance sheet. Managing your inventory is possible through a number of different methods – you can use anything from top-notch software to Excel spreadsheets to paper-based documentation. And while of course each business must make their own decision about how to manage their inventory, we at Oates & Company recommend Sage’s Inventory Advisor. Not only does it make your inventory management easier and more effective, Sage’s products offer stellar customer service as well.
Sage’s Inventory Advisor software is a warehouse-centric system that enables you to track costs and sales histories by warehouse and to set up multiple price lists in multiple currencies and multiple warehouses – so the size of your company is not a boundary with this system. It supports assemble-to-order as well as build-to-order kits, includes lot and serial number tracking, and supports first in first out, last in last out, average, actual, standard, and warehouse-specific costing.
Another important feature that other inventory management systems lack is the ability to continue to receive and ship orders even throughout your inventory cycle count. A complete physical inventory can be taken without having to interrupt other business processes – the system will automatically update itself to reflect the most current counts in both your physical inventory and your “book” inventory.
Sage’s Inventory Advisor has a tracking system that helps you make sure that your inventory in balanced; you won’t run out of stock on one product – which can make you lose customers – or overstock other products – which can make you lose money. If you’re hoping to reduce inventory carrying costs while still meeting customer demands, Sage software will help you forecast, item by item, how to optimally replenish your items and set up an ordering schedule.
As a secure, cloud-based service, Sage Inventory Advisor is available anytime, anywhere, and from any mobile device. It integrates with any Sage ERP system and is scalable to grow with your business.
So if you have run through the gamut of inventory management systems and can’t find anything that suits you, we highly recommend Sage Inventory Advisor.
To learn more, contact Oates & Company today.
