Inventory Tracking software with an ERP Twist
Now where did we place that? I know it’s here somewhere. Can I call you back? Many of us have heard that line before. But it really doesn't have to be that way. Not when you’ve got inventory tracking software supported by enterprise resource planning. You’ll know just where everything has been placed, how much of it is in stock and where it’s coming from.
Keeping track of stock keeping units (SKUs) can be a major headache for some businesses. Some are still doing it the old way, by the book; shuffling bits and pieces of paper, losing invoices and dealing with errors and corrections. If you’re progressive, however, you have moved beyond that archaic approach. Tracking inventory and all relevant data can be easily accomplished these days. You can arrange your erp inventory management in such a way as to ensure that you always have any item in stock, with just in time delivery practices.
You can easily track product accountability, product flow and cost efficiency. you can monitor manufacturing activity and know what products, if any, are being discontinued. You have the ability to work with a clear real-time perspective, not only on where your stock is, but also who’s supplying it and when it’s arriving. You can setup your inventory tracking erp software system in such a way as to include all suppliers and resources. For every stock item, you can have an associated name, number or contact for reference, should there any tracking issues related to loss, time lag or distribution bottlenecks.
So throw away that old book of numbers and product descriptions and get up to speed. You have access to technology that can literally change the way do business and expedite the process of order delivery and customer satisfaction. and speaking of customers, think of how they will feel about your newly refined system. And they will take notice, because there will be a difference. It will show up with better reporting, updates and erp analytics with regard to suppliers, partners, purchasing, management, and yes, customers too.
It all equates to speed, efficiency and cost control. So, take charge. Put an inventory tracking software system into place backed by the intelligence of enterprise resource planning and the infrastructure it provides. This is your opportunity to curtail the phone calls and the emails; stop the stock shock and renew your operational objectives. Remember the old days when you used to call and shout into the telephone receiver: hey Joe, where are my socks. Well, now, that’s history.