Managing Today’s Reality of Excess Inventory:
The Domino Effect of Having Out-Dated Software Systems.
- Not having real time information on the fast-moving products.
- Not having accurate information of the inventory level in multiple locations.
- No method of tracking Vendor Reliability of ON-TIME deliveries.
What are the Results of Excess Inventory?
- Late shipments will result in production disruption.
- Order cancellations will result in excess inventory.
- Reduction of Profit from reduced sales price to move excess inventory.
- Cash on hand reduced as funds are tied up in unsold inventory.
How to Manage the above issues!
- Replace the outdated software with real time software needed to:
- Better manage everything related to sales and inventory
The Benefits Resulting from Real Time Software!
- Understanding inventory turns to maximize inventory at item levels.
- Knowing Vendor Reliability to achieve better product availability!
- Understanding the inventory availability when managing multiple locations.
For additional information visit our website https://smcdata.com/roi-success-stories/