Inventory Mismanagement
Despite a company’s best efforts, inventory mismanagement is a common problem across every industry. A mismanaged warehouse can lead to loss of sales due to inventory shortage, which in turn leads to loss of revenue for the company. Although managers and employees do their best to keep things as efficient and organized as possible, there is always something that slips through the cracks. The solution to this problem is order/inventory management software. When companies upgrade to an order management system they experience a 25% gain in overall productivity. In addition, there is also 10-20% gain in storage space and 15-30% more efficient use of stock. However, there are many OMS systems to choose from.
How do you choose?
There are two types of software, out of the box and customizable. Out of the box systems are ready to be installed and utilized immediately. While this seems amazing at first, when you look a little closer at what the actual product is, you might realize that it is really not as great as it seems. What if the specs of your business do not fit squarely into the box? Are you then left with trying to fit a square peg into a round hole?
Until recently that was exactly what you would have to do. You would purchase this seemingly incredible order/inventory management software and find that it is not really as fantastic as you thought. You are not able to fit your inventory processes neatly into the existing system.
Does this mean you have to change your processes?
The answer is customizable software. Not all companies are created equal and therefore a “one size fits all” software package will not work properly for everyone. While the workflow may be similar in many warehouses, there are always things that are different. Those differences are what make your company stand out from the competition, and you should not have to change anything just to make it fit into your inventory management software.
Customizable software will help your warehouse run more efficiently. An efficiently run warehouse is more economical because it results in less inventory overage, less inventory shortage, and faster pick and pack times. Faster pick and pack time means it gets shipped quicker, and rapid shipping means the customer receives the product faster. All of this equals a happy customer. A happy customer is a repeat customer. Having the reputation for getting your orders shipped on time will help you stand out from the competition.
SkuNexus is fully customizable to fit all your needs. We are the best order/inventory/warehouse management system in the world! No more trying to fit a square peg into a round hole. SkuNexus will keep those processes that are working for you exactly as they are. In addition, SkuNexus will help you develop new and more efficient processes to help your business work more productively. Instead of trying to twist your workflow to fit into the inventory management system, the system will bend for you.
Click here to schedule a demo and let us show you how SkuNexus will help your business run more efficiently.