As supply chain management continues to become more automated in order to streamline inventory, with the help of latest technology (ERP software solutions) and by utilizing ERP inventory management services in business operations, accuracy gradually begins to improve. Though, it’s not possible for every warehouse to become automated for various reasons. For instance, if a physical inventory “on the books” and an inventory in a warehouse fails to match, the situation can become chaotic: if a delivery boy goes to retrieve some parts and they aren’t there (or not available in enough amount), a round of manual checks and back-tracking needs to be conducted to resolve the issue and get the order out for shipping. The need for accuracy in warehouse inventory must not be underestimated when your inventory is one of the important assets to your company.
These certain issues could result in excessive inventory, tying up capital and negatively impacting the capacity: the results come in the form of higher costs, decreased productivity and poor customer service. Then, the automated and advanced warehousing technology such as ERP Warehouse Managment Services (ERP systems implementation) or WMS, in addition to a proper cycle counting campaign can assure you 99+% of inventory accuracy. Indeed, this type of high-level inventory accuracy lays the foundation for a plurality of other potent advantaged realized in using (ERP implementation) ERP inventory management system.
Inventory management Solutions (ERP inventory management services) is a prominent aspect of ERP (Enterprise Resource Solution) system that can help SMEs (small and medium-sized business) manage your retail locations and warehouse.