HOW TO MANAGE INVENTORY EFFECTIVELY

         
        If you believe that it is fine to control your inventory with manual processes, bear this in mind: For every 300 keystrokes, even the most skilled typist makes one error. Small enterprises tend to use pen and paper for inventory management, which seems to be a cost-effective solution at the present. However, in the long run, a simple human error can have a disastrous impact on your operational budget and costs you even more.

        With an advanced software, such as ERP, you are no longer alone. Managing your inventory could be more precise, efficient and profitable.  

        THE BENEFITS OF USING ERP

        Clarico-Picture
        Everything you need for a painless inventory management is a simple click away.

        An ERP software will help you manage inventory in real-time and integrate with other modules to operate and automate your main business processes. What does it has to offer? Here is how an ERP makes your inventory management a painless process: 

        OPTIMIZED INVENTORY ACCURACY

        You can categorize parts easily and conduct  timely  inventory replenishment. The system lets you know exactly what you have in store and when to order new items.

        Robust Inventory Organization

        Organization may include moving your in-demands products to the front of your stock room for faster access. ERP helps you do this without breaking a sweat.

         
          Inventory Surplus DETECTION

        Your ERP system will spot any surplus whether it is caused by a decrease in demand or too many return orders. The earlier the surplus is found, the more time you have to react.

        SHIPMENT AND ORDER MANAGEMENT

        ERP can be easily used to help you sync your inventory level with orders and automate the process of shipping, removing the risk of late deliveries and incorrect packages.

        PURCHASE AND TRANSFER MANAGEMENT

        These features allow you to execute purchase orders and transfer your goods to different locations where they are most valuable. This prevents stock outage and saves time.

         SPECIFIC TURNOVER TRACKING 

        One of your items is turning over more frequently than the others, yet, you are clueless. This is where ERP comes into play, as it offers insights into your inventory turnover.

        Clarico-Image-Text

        Get an upgrade!


        Most businesses start searching for an inventory management software after suffering the disastrous impact of an inventory incident. Wouldn’t it be better if they had done it sooner? 

        Don’t risk losing the workflow of your entire business and let millions of dollars go to waste. By being meticulous and handling your investment with care, you are creating a more secure future not only for yourself, but also your business and the employees who leave their trust in you.