An inventory management system automates the inventory update, replenishment, sale orders, deliveries, and returns to provide an exact stock position.

Maintaining a delicate balance of stock and stock reordering is an art and extremely business-critical. Extra stock in the warehouse than required, increases your storage costs, carrying costs and run the risk of holding an old stock. On the contrary, if you have less stock in the warehouse than required, you will lose orders, credibility and revenue.

You should know when to replenish the stock so that your utilization of warehouse space, spending on operations and meeting market demand are all synchronized on an optimal level.

You can no longer bank on excel spreadsheets and manually run inventory software if you are aiming to expand your footprints in different geographies. To grow unhesitatingly, you should have a sustained and reliable inventory support to gear up your business operations.

Constant monitoring of stock movements and analyzing the data helps to build a steady stock pipeline and disbursement across all the sales platforms. The reliability of data for such decision making is tremendous and needs accurate reports. Human error in inventory update or analysis might negatively affect the sales revenues and business growth.

That’s why it’s important to let the machine do the machine’s job. That’s why automation. (Read more)