Stock Control Software And The Consequences Of Poor Inventory Management

Stock Control Software And
The Consequences Of Poor
Inventory Management
There are numerous consequences of poor inventory management,
all of which have a detrimental effect on your business and can be
avoided with good stock control software and a little organisation.
Investing in superior quality stock
control software is the key to
avoiding the consequences of poor
inventory management. But, if
you’re unsure that you need to make
such an investment, then consider
the increased costs of not knowing
where you stock is at any given time. This could result in you buying
more because you cannot find something. If you deal with
perishable items, you also need to
consider the cost of out of date
stock that wasn’t sold, or moved on
in time because it couldn’t be
found. Not knowing where your
stock is, because you’re not using
inventory management software
makes it impossible to track too. Closely linked to this is the
inability to balance your stock effectively. Under or over stocking
are inevitable outcomes of not investing in warehouse management
software.
The ultimate consequence of all of this is of course, poor customer
service. Suddenly investing in stock control software seems a much
more important investment to make for the health and wellbeing of
your business.
- Warehouse Management Software UK-