Inefficient inventory management processes
Manual processes to maintain your business’ inventory is inefficient and time-consuming which can delay your ability to service clients and increase business overheads.
Lack of visibility of real-time stock levels
Getting the optimal level of stock within your business is critical. Too much stock adds overhead in the form of extra storage expenses. Too little stock can lead to lost sales or delays servicing customers which provides them with a less than customer experience.
Making purchasing decisions based on outdated and inaccurate inventory reports
It is akin to peering inscrutably into a crystal ball and plucking order quantities from the ether. The result is anybody’s guess, but it’s almost a given that a poorly managed stock room will drain your profitability.