Tired from chasing Inventory? Here’s your Solution.
Managing inventory can be like chasing a moving target, especially when using outdated, inefficient business systems. Walking up and down the rows of stored inventory and conducting physical counts is time-consuming and tiring, and can lead to major errors. There is a better way to manage inventory and it starts with replacing legacy systems with more modern technology.
There may have been a time when keeping track of inventory wasn’t as time-consuming or challenging as it is in today’s fast-paced marketplace conditions. A successful business is a growing business and, over the years, you’ve likely added or changed product offerings and increased the number of customers that you serve. However, during this time, your business software hasn’t changed and it’s starting to cause problems.
Streamlined, Accurate and Intelligent Inventory Management
Keeping track of inventory as it’s coming into the warehouse, being used in production, and shipped off to customers is taking too much time and you never seem to have real-time inventory numbers. Without this insight, you can’t stay close to strategic inventory levels and could be wasting money with overstocking the warehouse or frustrating customers with stock-outs. Get control over inventory by replacing inefficient software with a stronger business management solution.
Microsoft Dynamics GP is an integrated enterprise resource planning (ERP) solution that includes powerful inventory management features. You can manage all core business processes from this single, centralized solution, including:
- financial transactions
- supply chain and vendors
- manufacturing and distribution operations
- human resources
Robust business intelligence and reporting features included within Microsoft Dynamics GP also make it easier to monitor key metrics, like inventory, in real time. With these features, you can identify trends within your data. For example, separate fast-moving from slow-moving inventory and set up the warehouse to streamline the pick, pack, and ship process. You might also identify products or product lines that are increasing in popularity or those that could soon become obsolete. Armed with this insight, you can strategize procurement decisions to take advantage of cost-savings or avoid buying inventory that won’t sell.
Inventory management can grow more complicated as your business grows. Increase control and insight over inventory management processes so you can make the data-driven decisions that keeps business moving forward. Contact OTT, Inc. for more information about replacing inefficient software with Microsoft Dynamics GP.
By OTT, Inc., a Microsoft Dynamics Partner out of Minnesota