Inventory is Capital, too much inventory means you aren't developing the rest of the business as fast as you could be. Too little leads to disappointed customers. Getting the balance right means trusting that you have the data to make the big decisions.
- Accurately report and track all items of inventory within your company
- Control cash flow and expenditure
- Minimise the expense of company resources such as warehousing, equipment and personnel
- Generate operational and management reports
- Provide online inquiry into the stock status by different locations and inventory value
- Maintain an item master file for your company
- Facilitate purchasing