CHOOSE YOUR RIGHT INVENTORY SOFTWARE
CHOOSE YOUR RIGHT INVENTORY SOFTWARE
Recently it has been recorded that the Inventory Build-Up process in Manufacturing and other industries had become a hidden threat to the companies.
The stock pile-up occurs due to the Supplier’s inefficiency and also in some cases due to bad quality.
This is directly proportional to choosing the right vendor who can be trusted and reliable in supplying the raw materials.
The inventory cost increases resulting in the storage of huge unsold stocks which leads to a lot of business failure, because the supplier would never be crossed the threshold level by then.
Also in some cases, the production delays can lead to build-up inventories too. Production delays occur for various reasons like
- Product Bad Design
- Messed Up Production Layout.
- Breakdown Stoppage
- Delayed and Time-Consuming
- Resource Management
- Floor Management.
The above factors can be related to all the stages of the production Life Cycle.
In any business, the amount of profit is analyzed based on the products sold and how well the inventory is managed. The Product Life cycle will come across different stages like
- Purchase of Inventory
- Warehouse Management
- Goods Shipping
- Sales
- Customer Service
- Product Returns Management
But for large sellers, there will also be these two options like either Out of Stock or Stock Overflow. Considering the challenges and pain areas of any business and to provide them with a proper solution, we at EZ Accounting software came out with the right Inventory management software termed as “EZ Inventory”. To support the customers and to make them know about our product we also provide Free Demo. Please don’t hesitate to log on to https://ezaccounting.com.sg/
Also, our staff will be happy to serve you at all times. You can reach them on + 65 6227 1797 / +65 6746 2613
