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Introducing Production Planning Suite for Sage ERP

6/5/2024

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Predictive Inventory Planning for Sage ERP
Most Sage customers are familiar with Sage Inventory Advisor which has been a popular third party add-on solution for many years. However, it was recently announced that a next generation offering, Predictive Planning Suite, will be replacing Sage Inventory Advisor for new customers.

Let’s take a look at what this powerful inventory demand and supply planning tool has to offer.

What is Predictive Planning Suite for Sage?

Predictive Planning Suite combines your Sage ERP data with AI-based technology and analysis to help you make better inventory decisions, optimize order levels, and minimize stock-outs.

Not only does this powerful solution improve inventory visibility and help you make faster and more informed decisions, it can also reduce inventory levels by 10-25% and improve your fill rate by 10% - which frees up capital tied up in excess stock as well as improve customer satisfaction.

At the date of this article, Predictive Planning Suite is available as a Sage Add-on for Sage 100, Sage 300 and Sage X3.

Key Features

Key features of Predictive Planning Suite for Sage include:

KPI Dashboard
A visual dashboard provides at-a-glance access to key inventory metrics like fill rate, stock-outs and potential stock-outs, surplus orders, excess stock, returns, and more.

Plus, an Executive dashboard offers executive teams a high-level performance overview of inventory and ordering key performance indicators (KPIs) and overall sales. View overall business performance across multiple or all locations.

Inventory Forecasting
A robust machine learning (ML) forecasting engine brings “big business” technology to small and mid-sized companies, helping you predict scenarios and outcomes around supply and demand.

AI-based Digital Assistant
The built-in Opportunity Engine uses AI and ML algorithms to analyze historical data and other factors to forecast future demand and provide real-time replenishment recommendations.

Custom Report Builder
Create custom reports in four simple steps and export to Excel for further filtering and sorting.

Inventory Classification and Optimization
Automatically classify inventory items to order the right quantities of the right products. Leverage advanced forecasting capability to reduce stock-outs Generate recommended purchase orders, production work orders, and distribution plans to resupply and restock inventory across your network.

Current Sage Inventory Advisor Customers

Existing Sage Inventory Advisor customers can continue to use the solution without change. As an alternative, customers can upgrade to the new Predictive Planning Suite which will become the only option available to new customers.
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