Sage Inventory Advisor -Inventory Optimization Discussion

Russ Graf – VP Sales, North America

NETSTOCK by numbers

– inventory management applications developed and successfully introduced in Australia, South Africa, UK and USA by the Netstock Team

– companies of varying sizes we have worked with – from small businesses to global multi-nationals in almost all industries across countries and continents

– years of perfectly matched experience in inventory management

– Largest number of items processed for a single customer every night

– Offices:

• Denver USA

• Sydney Australia

• Johannesburg South Africa

• Birmingham UK

• Werdohl Germany

3

200+

100+

3.5m

5

What is Sage Inventory Advisor?

Sage Inventory Advisor is an affordable Cloud-based solution that integrates with Sage ERP systems to help you optimize your inventory:

✓ decrease working capital

✓improve customer service

✓save time

Industries – Manufacturing, Distribution, Retail & Mining

Starting at $299 pm

Inventory Problems

Private and confidential

Too much of the wrong

stuff?Still buying more of what doesn't move?

Customers dissatisfied - do not have what they need?

Calculating what to order takes too long?

“We keep stocking out of our keyproducts”

Inventory Management Inventory Replenishment

Forecasting Ordering

Alerts

Responsibility

To have the right stock at the right place at the right time

Inventory Control

Receiving inventory Storing

LabelingCounting (Stock Take)

Responsibility

Manage the physical product

Conventional Wisdom

$Good

Service

Big $ in

Stock

• Sophisticated but easy to use solution

• No new software

• Up and running with little effort – just a few hours of training

• Gets the job done in ⅟10 of the time

What’sNeeded?

$Less Stock Improved Service

How to?

$ $ $

Great

Service

Cloud

SolutionSage Inventory Advisor

Sage Inventory Advisor - Best Practices

InventoryVisibility

Early warning of items needing attention

Potential Stock outs & Surplus orders

Achieve more in less time

Increased Sales

The right stock in the right place at the right time

Optimal ROP and Order-up-to Levels

Helps grow your business

Working Capital

A balanced inventory

Safety Stock set for the correct reasons

Releases cash back into the business

BI Tool Designed To Address Two Questions

Product Importance

Forecasts

Inventory Advisor

What needs attention today?

What to Order?

Investment & Service

Stock OutsPotential S/O

ExcessSurplus PO

Product ImportanceV

ALU

E o

f m

ove

me

nt

A

B

C

QUANTITY of movement

L M H

Information• Dashboard• Performance metrics• Problem items• Sophisticated forecasts• Recommended orders • Inventory projections• Min/Max levels• Dynamic reporting

How it Works

Inte

rn

et

Inventory Advisor

Uploads Inventory data

automatically extractedfrom ERP system and

sent to SIA

Client Host Machine

Connector

• Sales• Stock on Hand• Warehouses• Suppliers• Purchase Orders• Sales Orders• Bill of materials

Demonstration

• The monthly fee provides for an unlimited number of registered users

• Fees are due monthly in advance with a 5 day notice after initial 4 months

• This is based on the number of Stock Keeping Units at each Location referred to as SKULS

Sage Inventory Advisor – Fee Structure

up to 5,000 SKULS $299

up to 25,000 SKULS $399

up to 50,000 SKULS $499

up to 100,000 SKULS $599

up to 250,000 SKULS $799

above 250,000 SKULS $999

Monthly Fees

Once-off Initiation fee due at time of order (VI required for Sage 100)

Note: The above fees exclude travel related costs and additional consulting time which will be agreed in advance with the customer ahead of being incurred

Example:2,000 items 3 locations= 6,000 SKULS

Includes: Installation, standard customizations, online training, support

$2250

The Big Question

Will I get Return for Money Invested?

•Excesses - Cost of inventory

•Stock outs - Lost sales

•Time saved

Next steps

• To learn more:

• Visit Sage Website

• Register for a webinar

• Talk with Socius

• Talk with Russ