Get Insight Into Your Inventory To Reduce Inventory Costs
How the Right Software can Help Wholesale/ Distribution Businesses Reduce Inventory Costs.
If you’re a wholesale/ distributor or import/ distribution business, effective inventory management that focusses on reducing inventory costs can be your key to success.
Your customers depend upon you getting their orders fulfilled quickly and accurately, but your bottom line suffers if you are experiencing stock wastage/ expiry, or dealing with storage costs for inventory items that don’t move. Not to mention the fact that the space could be better utilised for stock that does move.
Watch a Demonstration of MYOB Advanced Inventory
A Powerful Inventory Command Centre
Accurate Cost Management
Easy To Use Dashboards
Instant Inventory Insight
Single Source of Truth
An Inventory Command Centre, such as the one found in the MYOB Advanced Inventory Management functions, is crucial to maintain efficient and cost-effective inventory management. Inventory command centres monitor and optimise your inventory helping you to meet demand, reduce costs, and become more agile when it comes to responding to changing market conditions.
Inventory Command Centres can carry out the following functions which all seek to reduce your inventory costs;
- Inventory Monitoring
- Demand Forecasting
- Order Management
- Stock Replenishment
- Optimise Stock Levels
- Inventory Valuation
- Performance Metrics
- Inventory Optimization
- Inventory Visibility
- Cost Control