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Blytheco Home | Sage Software | MAS 500 | Modules | Distribution | Inventory Replenishment
Inventory Replenishment Module |
Streamline Inventory Management through Demand
Forecasting and Automated Procurement
The Inventory Replenishment module for Sage MAS 500
ERP provides two powerful unique
competitive
advantages to your organization. First, forecasting can
help accurately predict what
customers will buy, reducing
inventory carrying costs of unwanted goods while
ensuring customers
that you can carry the items they
demand. Second, automated procurement produces
systemgenerated
purchase orders and transfer orders to
reduce labor costs and improve accuracy.
Unparalleled
cost calculations can minimize transaction and overhead
costs by creating optimal orders
for each vendor.
Knowing what to stock or build to meet your customers’
demands is one of the most critical decisions you can make in your business. Too much stock can result
in lower margins, high inventory carrying
costs, and excess damage as stock remains in-house too long. However, shortages can be even worse,
as customers who can’t get an item in a reasonable time may call your competitors. Fortunately, Sage
MAS 500 forecasting capabilities can help you meet this demand-planning |
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challenge by providing
flexible calculations that can be adjusted by warehouse, customer, season, product group, or every
individual item. This provides maximum flexibility—and more importantly for your customers and your
bottom line—accurate inventory planning.
When a forecast is firmed, the Inventory Replenishment module automatically creates purchase orders,
reducing human involvement and the related costs. Replenishment can also be used to automatically
move stock between warehouse locations, a valuable feature for centralized hub-and-spoke
distributors. Suggested orders are created for items that are required in the immediate future.
However, Inventory Replenishment goes far beyond other automated procurement systems. Before a
purchase order or transfer order is created, it also takes into account lead times for that vendor, the
overhead costs of placing purchase orders to minimize costly low-volume orders, and whether it
makes economic sense to purchase other products from the vendor at the same time.
Sage MAS 500 customers can use the Inventory Replenishment system or the Material Requirements
Planning system to process replenishment orders. In short, Inventory Replenishment offers the
strongest supply chain-centric forecasting and automated procurement tools available today. |
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Features: |
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Determining how much of an item you will sell is critical to controlling costs while
maintaining enough stock to keep customers happy. |
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Configure the demand calculation to meet your business requirements. |
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Use demand formulas for product groups, even down to individual items. |
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Factor seasonal adjustments in calculating demand, such as holiday items. |
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Monitor usage exceptions with an Unusual Usage Report. |
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Adjust demand for an item when exceptional events occur, such as a large onetime
order, so that future demand calculations are more accurate. |
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Ensure that stock of critical items will be available when the customer needs them. |
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Maintain optimal stock levels of key inventory items. |
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Provide stock availability with Capable To Promise (CTP) features. |
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Generate purchase quantities based on Economic Order Quantity (EOQ), factoring
in the item costs, the costs to process and receive purchase orders, as well as
inventory carrying costs. |
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Set minimum/maximum purchasing rules for low volume items, ordering up to the
maximum quantity when stock falls below the minimum. |
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Optionally keep stock at a maximum level and only order when it falls below those
levels—ideal for high volume or perishable items. |
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Reports: |
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Lead Time, Demand, and Safety Stock Formulas |
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Material Requirements |
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Planned Orders |
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Projected Inventory Valuation |
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MRP Generation |
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 Inventory Replenishment Module - printable download of this page (PDF 404
kb) |
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| Modules Overview List |
| Distribution
Modules |
| Questions? Please call us at (949) 583-9500 x2500 or email us at
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