When inventory is an important part of your business, it is a key driver of your profitability as well. As your business grows, it can feel like your inventory is getting out of control. Too much of one thing, not enough of another, not enough floor space to store it all … it’s always a challenge.
Acumatica ERP can help you take back control of your warehouse and feel confident once again that you’re obtaining the maximum value possible from your inventory. You can download our free white paper and take control of your warehouse once again. Just visit our website for your copy of the paper and answers to your toughest warehouse management challenges.
Finding Answers to Inventory Questions
Most businesses share similar questions:
- Am I stocking the right items?
- Am I making the best use of my floor space?
- Am I rotating my stock adequately?
- Did I track everything accurately? Did I miss something?
- What is the current value of my inventory?
- How do I keep stock levels up to meet growing demand?
- How do I track in-transit inventory?
- Is there a better way to organize inventory for efficiency?
- When should I order more?
- Is there a better way to store items for fulfillment?
These 10 questions are among the most frequently asked by inventory managers. If you aren’t using up-to-date software for your business needs, you may struggle to answer them.
Older systems or manual systems can’t help you decide if you’re stocking the right items. You won’t have the sales data at your fingertips to answer that question. Older systems don’t enable you to track in-transit shipment or alert you when you need to order more of any one product. Many of these needs are addressed only with newer ERP software, such as Acumatica.
You can’t make money on products you don’t know that you have. If your inventory is overstuffed and your warehouse is out of control, you may have too much capital tied up in excess inventory and not enough liquid capital to fund other areas of growth and expansion. Conversely, if stock levels drop too low, you may not be able to fulfill your orders quickly. You could lose customers dissatisfied with slow service.
Better inventory control software can help.
Acumatica for Better Data and Business Insights
Acumatica ERP is a cost-effective, cloud-based solution that provides you with a seamless look into the inner workings of your business. Because it’s cloud-based, you can view it anywhere, anytime you have an internet connection.
A visual dashboard is easy to navigate and provides you with alerts for key areas. Yes, it can tell you when stock levels are running low, or when stock is aging. These features can help you run your warehouse more efficiently.
With the data derived from Acumatica ERP, you can take control of your warehouse once again. Data provides the foundation on which you can make sound business decisions. You’ll be able to see at a glance what your stock levels are, what needs to be ordered, what’s aging, and much more.
It’s an inventory control tool whose time has come. With the right data available to you, you can make sound, intelligent business decisions. Maximizing your warehouse operations is just one step among many that you’ll take today to improve your business, but it could be the most important one yet.
Learn More About Acumatica ERP
Download our free whitepaper, Four Strategies for Smarter Inventory Control, to learn more. We are always ready to help you implement the best inventory control systems for your business. Contact Emerald TC online or call us at 678-456-6919.