SimCrest Launches Average Stock Calculator to Enhance the Demand Forecasting Function in Microsoft Dynamics NAV

Share Article

SimCrest’s new add-on solution enables purchasing managers to predict future demand based on historical usage in standard Microsoft Dynamics NAV

Average Stock Calculator helps to maintain inventory levels based on historical usage

We could see companies struggling to review and calculate data in order to manually update item ordering controls.

SimCrest, Inc., dedicated to helping small and mid-sized organizations automate business processes with Enterprise Resource Planning (ERP) software and related add-on solutions, announces the launch of SimCrest Average Stock Calculator for Microsoft Dynamics NAV, a new add-on solution designed to help purchasing managers perform better demand forecasting based on historical average stock usage.

With SimCrest Average Stock Calculator, purchasing managers can now forecast future demand and re-order stocks not only based on current demand and supply, but also based on historical average usage of items and stock-keeping units (SKU). This new Microsoft Dynamics NAV add-on solution complements the demand planning function in standard Microsoft Dynamics NAV and enables companies to easily maintain inventory levels based on historical usage without overcomplicating the process.

“We could see companies struggling to review and calculate data in order to manually update item ordering controls.” said Carsten Howitz, President of SimCrest. “Our goal is to develop a solution that is easy to implement and maintain, to have the system to do the complex calculations, and allow the users to focus on the results of the data and calculations.”

“While other products on the market are much more complex, ours is very streamlined, requires very little setup, and is easy to use.” continued Howitz. “Average Stock Calculator is a special fit for the companies that simply need assistance to calculate basic values for reordering items. We are able to offer a very reasonable price compared to other products.”

“The best part of Average Stock Calculator is that it looks at historical usage. This allows the user to decide how many months usage to use in the calculation and how many months to stock not only at a company level but also editable at the item/SKU level. It’s a perfect fit to the companies that purchase inventory off of historical usage.” commented Stephanie Tucker, Project Manager at SimCrest.

“This product takes away the burden of manually calculating and updating lead time and stock levels on items, and allows purchasing agents to view the overall inventory availability on the suggested lines and focus on expediting and maintaining inventory levels, while having the system do the work of calculating the usage, lead time and ordering controls.” added Tina Noa, Project Management Professional at SimCrest.

A webcast for add-on partners will be hosted at 11:30 A.M. Central Time on November 11th, 2010. In this new product rollout, SimCrest will introduce and demonstrate Average Stock Calculator for Microsoft Dynamics NAV 2009 RoleTailored Client. Add-on partners who are interested in attending the webcast can now register at SimCrest’s event page.

About SimCrest, Inc.

SimCrest is a Dallas-based Microsoft business management software provider, dedicated to helping small and mid-sized organizations automate and streamline highly specialized business process with Microsoft Dynamics NAV and related add-on solutions. For over 20 years, SimCrest has helped hundreds of organizations reduce operational costs and improved business efficiency by leveraging software knowledge, industry expertise, and proven project management skills.

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

John Stevens
Visit website