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Inventory Optimisation AGR Microsoft Dynamics NAV

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Page 1: Inventory Optimisation with AGR for Microsoft Dynamics NAV · AGR is a Microsoft GOLD Independent Software Vendor (ISV), certified by Microsoft, building solutions that extend core

Inventory Optimisation

AGR

Microsoft Dynamics NAV

Page 2: Inventory Optimisation with AGR for Microsoft Dynamics NAV · AGR is a Microsoft GOLD Independent Software Vendor (ISV), certified by Microsoft, building solutions that extend core

AGR is a specialist supply chain planning company offering software,training and consultancy solutions that optimise the flow of goodsthroughout the supply chain for retail, distribution and manufacturingcompanies.

AGR’s main aim is to increase the availability of goods with a minimumamount of capital tied up in inventory. This is achieved throughintegrated planning processes and technology.

AGR was established in 1997 and has offices in the UK, Denmark andIceland, through the rest of Europe, US and Asia AGR is supported bytrusted distribution partners.

Microsoft PartnerAGR is a Microsoft GOLD Independent Software Vendor (ISV), certified by Microsoft,building solutions that extend core ERP functionality to support best practice processaround supply chain.

AGR 5 is embedded into Microsoft Dynamics AX 2012 and NAV 2013 ERP solutions.The AGR 5 suite of products is also available as stand-alone modules which can workwith other ERP solutions.

AGR 5 modules include:

• AGR Demand Forecaster

• AGR Inventory Optimiser

• AGR Sales Planner

• AGR Promotions Manager

‘...AGR’s main aimis to increase theavailability of goodswith a minimumamount of capitaltied up in inventory...’

Supply Chain Best PracticeThe three main areas of best practice in Supply Chain that AGR concentrates on are:

• Demand Management

• Inventory Optimisation

• Enterprise Sales and Operations Planning (S&OP)

These areas rely on a combination of people, process and technology.

Demand ManagementThe demand management process involves more than just forecasting. It encompassesplanning demand, communicating demand, influencing demand and prioritizingdemand.

Benefits of a good demand management process include:

• The ability to ensure correct resources are in place including people,money and materials

• Improved control of service levels

• Early identification of problems in the supply chain

• Improved communication to enable sales teams to set correct customerexpectations in terms of product availability and delivery

‘...The demandmanagement processinvolves more thanjust forecasting...’

PEOPLE

PROCESS

PEOPLE

SS TECHNOLOGY

PLA

NNING

PRIORIT

ISIN

G INFLUENCING

COMMUNICAT

INGDEMAND

MANAGEMENTPROCESS

Call: 01902 578 300 Email: [email protected] Visit: www.tecman.co.uk

Page 3: Inventory Optimisation with AGR for Microsoft Dynamics NAV · AGR is a Microsoft GOLD Independent Software Vendor (ISV), certified by Microsoft, building solutions that extend core

AGR is a specialist supply chain planning company offering software,training and consultancy solutions that optimise the flow of goodsthroughout the supply chain for retail, distribution and manufacturingcompanies.

AGR’s main aim is to increase the availability of goods with a minimumamount of capital tied up in inventory. This is achieved throughintegrated planning processes and technology.

AGR was established in 1997 and has offices in the UK, Denmark andIceland, through the rest of Europe, US and Asia AGR is supported bytrusted distribution partners.

Microsoft PartnerAGR is a Microsoft GOLD Independent Software Vendor (ISV), certified by Microsoft,building solutions that extend core ERP functionality to support best practice processaround supply chain.

AGR 5 is embedded into Microsoft Dynamics AX 2012 and NAV 2013 ERP solutions.The AGR 5 suite of products is also available as stand-alone modules which can workwith other ERP solutions.

AGR 5 modules include:

• AGR Demand Forecaster

• AGR Inventory Optimiser

• AGR Sales Planner

• AGR Promotions Manager

‘...AGR’s main aimis to increase theavailability of goodswith a minimumamount of capitaltied up in inventory...’

Supply Chain Best PracticeThe three main areas of best practice in Supply Chain that AGR concentrates on are:

• Demand Management

• Inventory Optimisation

• Enterprise Sales and Operations Planning (S&OP)

These areas rely on a combination of people, process and technology.

Demand ManagementThe demand management process involves more than just forecasting. It encompassesplanning demand, communicating demand, influencing demand and prioritizingdemand.

Benefits of a good demand management process include:

• The ability to ensure correct resources are in place including people,money and materials

• Improved control of service levels

• Early identification of problems in the supply chain

• Improved communication to enable sales teams to set correct customerexpectations in terms of product availability and delivery

‘...The demandmanagement processinvolves more thanjust forecasting...’

PEOPLE

PROCESS

PEOPLE

SS TECHNOLOGY

PLA

NNING

PRIORIT

ISIN

G INFLUENCING

COMMUNICAT

INGDEMAND

MANAGEMENTPROCESS

Call: 01902 578 300 Email: [email protected] Visit: www.tecman.co.uk

Page 4: Inventory Optimisation with AGR for Microsoft Dynamics NAV · AGR is a Microsoft GOLD Independent Software Vendor (ISV), certified by Microsoft, building solutions that extend core

Inventory OptimisationInventory Optimisation is a method of balancing capital investment objectives orconstraints with service levels goals over a multiple stock-keeping units (SKUs), whiletaking demand and supply volatility into account.

Inventory Optimisation relies on good demand forecasting and subsequentmanagement processes. It takes the output from this process as input for calculatingthe optimum stock replenishment calculation.

Companies today face an ongoing balancing act as they try to:

• Carry enough inventory to respond quickly to customer demand and

• Minimize investment in inventory, facilities, and equipment to reducestorage and transportation costs

However, the benefits of Inventory Optimisation include1

• 15 - 25% reduction in funds invested in safety stock

• 5 - 20% decrease in write-offs of surplus and obsolete stock

• 10 - 25% fewer stock-outs, resulting in improved availability and productivity

• 10 - 25% drop in administrative costs for replenishing inventory

• 33 - 66% less resource time spent managing inventory

For AGR customers happy with their current service levels, inventory optimisation hasresulted in decreases in inventory levels of between 15-20%.

Overall it is a careful balancing act and inventory optimisation techniques managethis balance well. AGR 5 eliminates excess costs from supply chains by determiningexpected future demand and optimising inventory levels to ensure maximum availabilitywith minimum capital tied up in stock.

Enterprise Sales and Operational Planning (S&OP)Sales and operations planning is a monthly management process that ensures thata company is focused, aligned and engaged in the agreed priorities of the enterprise.In addition it is a method to manage on-going changes and in practice becomes a“re-planning” process. To this end it is cross-functional and driven by strategy, demandand supply.

Whilst demand management and inventory optimisation processes must look at thelowest level of detail (normally the item or SKU), sales and operations planning is anaggregate process looking at top down, middle out and bottom up planning processes.

Whilst involving cross-functional teams it is important that information can bepresented to the management group by product, customer, channel, location and otherdefined dimensions. For example, sales teams need to be able to see the anticipateddemand forecast by customer in order to be able to input any changes into theprocess.

AGR has experience in implementing S&OP practises in various businesses throughoutEurope. The process involves integrating best practise methods with AGR softwaresolutions in order to improve demand management and provide collaborationthroughout the whole business.

1Demand Management Process – Oliver Wight International

‘...AGR 5 eliminatesexcess costs fromsupply chains bydetermining expectedfuture demand ...’

Inventory OptimisationInventory Optimisation is a method of balancing capital investment objectives orconstraints with service levels goals over a multiple stock-keeping units (SKUs), whiletaking demand and supply volatility into account.

Inventory Optimisation relies on good demand forecasting and subsequentmanagement processes. It takes the output from this process as input for calculatingthe optimum stock replenishment calculation.

Companies today face an ongoing balancing act as they try to:

• Carry enough inventory to respond quickly to customer demand and

• Minimize investment in inventory, facilities, and equipment to reducestorage and transportation costs

However, the benefits of Inventory Optimisation include1

• 15 - 25% reduction in funds invested in safety stock

• 5 - 20% decrease in write-offs of surplus and obsolete stock

• 10 - 25% fewer stock-outs, resulting in improved availability and productivity

• 10 - 25% drop in administrative costs for replenishing inventory

• 33 - 66% less resource time spent managing inventory

For AGR customers happy with their current service levels, inventory optimisation hasresulted in decreases in inventory levels of between 15-20%.

Overall it is a careful balancing act and inventory optimisation techniques managethis balance well. AGR 5 eliminates excess costs from supply chains by determiningexpected future demand and optimising inventory levels to ensure maximum availabilitywith minimum capital tied up in stock.

Enterprise Sales and Operational Planning (S&OP)Sales and operations planning is a monthly management process that ensures thata company is focused, aligned and engaged in the agreed priorities of the enterprise.In addition it is a method to manage on-going changes and in practice becomes a“re-planning” process. To this end it is cross-functional and driven by strategy, demandand supply.

Whilst demand management and inventory optimisation processes must look at thelowest level of detail (normally the item or SKU), sales and operations planning is anaggregate process looking at top down, middle out and bottom up planning processes.

Whilst involving cross-functional teams it is important that information can bepresented to the management group by product, customer, channel, location and otherdefined dimensions. For example, sales teams need to be able to see the anticipateddemand forecast by customer in order to be able to input any changes into theprocess.

AGR has experience in implementing S&OP practises in various businesses throughoutEurope. The process involves integrating best practise methods with AGR softwaresolutions in order to improve demand management and provide collaborationthroughout the whole business.

1Demand Management Process – Oliver Wight International

‘...AGR 5 eliminatesexcess costs fromsupply chains bydetermining expectedfuture demand ...’

Call: 01902 578 300 Email: [email protected] Visit: www.tecman.co.uk

Page 5: Inventory Optimisation with AGR for Microsoft Dynamics NAV · AGR is a Microsoft GOLD Independent Software Vendor (ISV), certified by Microsoft, building solutions that extend core

Inventory OptimisationInventory Optimisation is a method of balancing capital investment objectives orconstraints with service levels goals over a multiple stock-keeping units (SKUs), whiletaking demand and supply volatility into account.

Inventory Optimisation relies on good demand forecasting and subsequentmanagement processes. It takes the output from this process as input for calculatingthe optimum stock replenishment calculation.

Companies today face an ongoing balancing act as they try to:

• Carry enough inventory to respond quickly to customer demand and

• Minimize investment in inventory, facilities, and equipment to reducestorage and transportation costs

However, the benefits of Inventory Optimisation include1

• 15 - 25% reduction in funds invested in safety stock

• 5 - 20% decrease in write-offs of surplus and obsolete stock

• 10 - 25% fewer stock-outs, resulting in improved availability and productivity

• 10 - 25% drop in administrative costs for replenishing inventory

• 33 - 66% less resource time spent managing inventory

For AGR customers happy with their current service levels, inventory optimisation hasresulted in decreases in inventory levels of between 15-20%.

Overall it is a careful balancing act and inventory optimisation techniques managethis balance well. AGR 5 eliminates excess costs from supply chains by determiningexpected future demand and optimising inventory levels to ensure maximum availabilitywith minimum capital tied up in stock.

Enterprise Sales and Operational Planning (S&OP)Sales and operations planning is a monthly management process that ensures thata company is focused, aligned and engaged in the agreed priorities of the enterprise.In addition it is a method to manage on-going changes and in practice becomes a“re-planning” process. To this end it is cross-functional and driven by strategy, demandand supply.

Whilst demand management and inventory optimisation processes must look at thelowest level of detail (normally the item or SKU), sales and operations planning is anaggregate process looking at top down, middle out and bottom up planning processes.

Whilst involving cross-functional teams it is important that information can bepresented to the management group by product, customer, channel, location and otherdefined dimensions. For example, sales teams need to be able to see the anticipateddemand forecast by customer in order to be able to input any changes into theprocess.

AGR has experience in implementing S&OP practises in various businesses throughoutEurope. The process involves integrating best practise methods with AGR softwaresolutions in order to improve demand management and provide collaborationthroughout the whole business.

1Demand Management Process – Oliver Wight International

‘...AGR 5 eliminatesexcess costs fromsupply chains bydetermining expectedfuture demand ...’

Inventory OptimisationInventory Optimisation is a method of balancing capital investment objectives orconstraints with service levels goals over a multiple stock-keeping units (SKUs), whiletaking demand and supply volatility into account.

Inventory Optimisation relies on good demand forecasting and subsequentmanagement processes. It takes the output from this process as input for calculatingthe optimum stock replenishment calculation.

Companies today face an ongoing balancing act as they try to:

• Carry enough inventory to respond quickly to customer demand and

• Minimize investment in inventory, facilities, and equipment to reducestorage and transportation costs

However, the benefits of Inventory Optimisation include1

• 15 - 25% reduction in funds invested in safety stock

• 5 - 20% decrease in write-offs of surplus and obsolete stock

• 10 - 25% fewer stock-outs, resulting in improved availability and productivity

• 10 - 25% drop in administrative costs for replenishing inventory

• 33 - 66% less resource time spent managing inventory

For AGR customers happy with their current service levels, inventory optimisation hasresulted in decreases in inventory levels of between 15-20%.

Overall it is a careful balancing act and inventory optimisation techniques managethis balance well. AGR 5 eliminates excess costs from supply chains by determiningexpected future demand and optimising inventory levels to ensure maximum availabilitywith minimum capital tied up in stock.

Enterprise Sales and Operational Planning (S&OP)Sales and operations planning is a monthly management process that ensures thata company is focused, aligned and engaged in the agreed priorities of the enterprise.In addition it is a method to manage on-going changes and in practice becomes a“re-planning” process. To this end it is cross-functional and driven by strategy, demandand supply.

Whilst demand management and inventory optimisation processes must look at thelowest level of detail (normally the item or SKU), sales and operations planning is anaggregate process looking at top down, middle out and bottom up planning processes.

Whilst involving cross-functional teams it is important that information can bepresented to the management group by product, customer, channel, location and otherdefined dimensions. For example, sales teams need to be able to see the anticipateddemand forecast by customer in order to be able to input any changes into theprocess.

AGR has experience in implementing S&OP practises in various businesses throughoutEurope. The process involves integrating best practise methods with AGR softwaresolutions in order to improve demand management and provide collaborationthroughout the whole business.

1Demand Management Process – Oliver Wight International

‘...AGR 5 eliminatesexcess costs fromsupply chains bydetermining expectedfuture demand ...’

‘...Softwaretraining is partof the standardimplementationprocess...’

INVENTORY

OPTIMISER

SALES

PLANNER

DEMAND FORECASTING

MANAGE BY EXCEPTION REPORTS AND ALERTS

PROMOTIONS

PLANNER

EMBEDDED

TECHNOLOGY

CONNECTED

TECHNOLOGY*

AGR Software and Services

Strategic Consulting

AGR is a supply chain company that has over 15 years of experience working withcompanies on their supply chain processes. The company offers benchmarkingservices and strategic consulting to help enterprises move forward with best practiceprocesses in order to gain the most profitable results.

Training and Education

When changing processes in an enterprise, it is important that all employeesunderstand the fundamentals of the new changes in order to engage and work to thebest advantage.

AGR offers a variety of public and private courses from a 1 day forecasting workshop tofull APICS Certification in Production and Inventory Management courses.

Software training is part of the standard implementation process and can becomplimented by general supply chain management training.

Software

AGR 5 is a suite of software modules that helps automate the best practice processeswithin a business. Modules are available to buy separately so that organisations canstart with a basic, low cost forecasting module and build up to a full suite of modulesthat seamlessly interact with each other.

AGR 5 modules include: - AGR Demand Forecaster - AGR Inventory Optimiser- AGR Sales Planner - AGR Promotions Manager

*Connected TechnologyAGR 5 integrates to 10+ enterpriseresource planning (ERP) systems including:SAP/IBM AS/400/Sage ERP X3 - furtherinformation on request.

‘...Softwaretraining is partof the standardimplementationprocess...’

INVENTORY

OPTIMISER

SALES

PLANNER

DEMAND FORECASTING

MANAGE BY EXCEPTION REPORTS AND ALERTS

PROMOTIONS

PLANNER

EMBEDDED

TECHNOLOGY

CONNECTED

TECHNOLOGY*

AGR Software and Services

Strategic Consulting

AGR is a supply chain company that has over 15 years of experience working withcompanies on their supply chain processes. The company offers benchmarkingservices and strategic consulting to help enterprises move forward with best practiceprocesses in order to gain the most profitable results.

Training and Education

When changing processes in an enterprise, it is important that all employeesunderstand the fundamentals of the new changes in order to engage and work to thebest advantage.

AGR offers a variety of public and private courses from a 1 day forecasting workshop tofull APICS Certification in Production and Inventory Management courses.

Software training is part of the standard implementation process and can becomplimented by general supply chain management training.

Software

AGR 5 is a suite of software modules that helps automate the best practice processeswithin a business. Modules are available to buy separately so that organisations canstart with a basic, low cost forecasting module and build up to a full suite of modulesthat seamlessly interact with each other.

AGR 5 modules include: - AGR Demand Forecaster - AGR Inventory Optimiser- AGR Sales Planner - AGR Promotions Manager

*Connected TechnologyAGR 5 integrates to 10+ enterpriseresource planning (ERP) systems including:SAP/IBM AS/400/Sage ERP X3 - furtherinformation on request.

Call: 01902 578 300 Email: [email protected] Visit: www.tecman.co.uk

Page 6: Inventory Optimisation with AGR for Microsoft Dynamics NAV · AGR is a Microsoft GOLD Independent Software Vendor (ISV), certified by Microsoft, building solutions that extend core

2015

0174

/02

Gold Enterprise Resource Planning Microsoft Dynamics NAVGold Customer Relationship Management

Technology Management helps Manufacturing and Distribution companies ‛drive forward’ with Microsoft Dynamics NAV, Dynamics CRM and Office 365, as well as the supporting infrastructure. Having delivered over 2,000 successful projects, we’ve plenty of experience implementing business systems, Microsoft Dynamics solutions and the technical infrastructure to support them.

We are a Microsoft Gold Certified Partner for ERP & CRM and can deliver Microsoft Dynamics solutions on your own IT infrastructure, hosted in our UK data centre or in the Microsoft Cloud. Based in the Midlands, we support clients across the UK and further afield.

Talk to us today for a jargon free discussion on how Technology Management can help your organisation ‛drive forward’:

Call: 01902 578 300 Email: [email protected] Visit: www.tecman.co.uk

Technology Management St Mark’s Church St Mark’s Road Wolverhampton WV3 0QH

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