Whether you are managing a warehouse, running an e-commerce business or dealing with manufacturing supply chains, staying in control of your inventory is really important. Sage can help with this, as it is more than just accounting software. When it comes to stock and inventory management, Sage is hard to beat… with its real-time visibility and seamless automation, Cim200 helps businesses of all sizes take control of their stock.
Stock management, also referred to as inventory control, is the process of ordering, tracking, storing and selling stock. It includes everything from raw materials to the finished goods, and makes sure that you have the right products available at the right time for consumers.
When done correctly, stock management can provide the following benefits to businesses:
Of course there are lots of stock management tools available, but Sage really does come into its own. Let’s have a look at some of the reasons Sage stands out:
Sage gives you a holistic view of your stock levels, wherever you are. With real-time updates you can see exactly what is in stock, what is low and needs re-orderng, and what is on order at any given moment in time.
If your business operates across several warehouses or retail outlets, Sage really is the best option. It allows you to track stock across locations, manage transfers and keep everything all synchronised with each other. Perfect for businesses that need scalable solutions without the complexity of having multiple systems.
Running out of popular items of stock can be incredibly damaging to your reputation. Sage allows you to set minimum and maximum stock levels for each item, so when stock dips below the thresholds you set, Sage automatically generates a purchase order.
Sage makes things really simple when it comes to batch and serial number tracking. This is really useful for industries where traceability is important, such as food, drink and pharmaceuticals. Products can be easily traced back to their batches and suppliers, allowing for full accountability.
As Sage began as an accounting platform, stock control integrates seamlessly with your financial data. This means that every single stock movement is linked with your accounts, helping you to track profit margins and make smarter purchasing decisions.
Stock management isn’t all about taking control of your inventory, it is also about insight. With Sage’s powerful real-time reporting tools you can easily identify trends and spot areas of opportunity to grow your business. At a glance you can see which items are bestsellers, which suppliers take ages to deliver stock, and any products which may be slow movers and therefore draining your cashflow.
One of the huge advantages of Sage over other stock management software providers is that it grows with your business. With the ability to streamline your workflow end to end, collaborate in real-time and make smarter decisions, Sage stock management software will help you level up.
Finding the right stock management system can be daunting, but Sage makes the whole process a lot easier. Combining powerful software with clever features, it provides flexibility to help modern businesses thrive. If you are serious about delivering a better customer experience, Sage is the tool you need. Contact our Sage experts to find out more.
*This article contains general information in order to assist all of our customers and is meant for guidance only – there are no guarantees that the information we provide will be suitable for your particular needs. If you require specific assistance, we recommend that you seek professional guidance on your individual circumstances. Reality Solutions are in no way responsible for any loss or damage arising from any information contained within our articles.