The more stock locations you have to manage, the more difficult it becomes to manage orders and track the stock availability. With inventory management, you are able to find out the availability of your items and find their location in just seconds, even if they are put in different warehouses or stores.
Stock control is an effort carried out by a company in providing stock items needed to meet consumer demand. Inventory management allows you to keep up with your stock availability and ensure it is always at an adequate level. The system gives a notification when the inventory is running low so you can immediately re-order.
With complete and accurate inventory reports, you can find out which products are the most popular, which ones are rarely ordered by consumers, how much inventory you should carry in the next few months, which suppliers are most profitable, and any other important information that helps improve productivity of your business.
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