Inventory Management
Optimize Inventory Management for Increased Efficiency and Profitability
Inventory is the lifeblood of your business. Effective inventory management is crucial for optimizing stock levels and driving profitability.
- Forecast with accuracy: Predict future demand with powerful inventory forecasting tools.
- Flexible measurement: Manage inventory using multiple units of measure (e.g., cases, pallets, individual units).
- Streamline transfers: Easily transfer inventory between multiple companies and warehouses.
- Ensure traceability: Track and trace inventory using serial and lot numbers for complete visibility.
- Manage backorders effectively: Efficiently handle and fulfill backorders to maintain customer satisfaction.
- Accurate cost calculations: Factor in all landed costs (shipping, duties, tariffs, etc.) for precise pricing and profitability analysis.
- Simplified kitting: Create and manage kits with comprehensive bill of materials (BOM) functionality.
Optimize Inventory and Boost Profitability with Inventory Watch
Inventory Watch takes the guesswork out of inventory management. This intelligent forecasting feature ensures optimal stock levels by analyzing key variables and recommending timely purchases.
- Boost Efficiency: Increase inventory turnover rates and improve order fill rates for enhanced operational efficiency.
- Reduce Costs: Minimize inventory carrying costs by optimizing stock levels and reducing excess inventory.
- Handle Seasonality: Effectively manage seasonal demand fluctuations with Inventory Watch’s intelligent forecasting.
- Eliminate Waste: Identify and eliminate dead or inactive inventory to free up valuable warehouse space and capital.
Inventory Management Integrations for Enhanced Efficiency
Experience unparalleled control over your business with our fully integrated inventory management system. Seamlessly connected with all other DistributionPlus modules, it provides a unified platform for optimized efficiency and informed decision-making.
- Unified Operations: Seamless integration with purchasing, sales, quoting, accounting, and warehouse management for a streamlined workflow.
- Efficient Order Processing: EDI integration for automated data exchange with customers and suppliers.
- Connected Online Sales: Real-time integration with your eCommerce platform for accurate inventory, pricing, and order fulfillment.
- Enhanced Customer Experience: Integration with sales and customer portals for improved communication and self-service capabilities.
Powerful Kitting Functionality for Enhanced Efficiency
Transform your distribution operations with kitting. This powerful strategy combines related items into ready-to-ship packages, simplifying fulfillment and maximizing efficiency.
- Faster Fulfillment: Reduce picking and packing time by consolidating multiple items into a single kit.
- Lower Inventory Costs: Optimize inventory levels and reduce carrying costs by managing kits as single units.
- Simplified Inventory Management: Reduce the number of individual SKUs to track by managing kits as complete packages.
- Maintain Traceability: Retain full traceability by tracking individual lot and serial numbers for components within each kit.
