Accounting software sales due to
items being out of stock, funds blocked in overstocked slow moving items,
disguised gross losses due to incorrect pricing and inventory costing,
unreported frauds and thefts, skyrocketing warehouse costs due to unplanned and
mis-calculated order quantities, unforeseen production pauses due to
non-availability of raw materials, loss of customers due to non-servicing of
sales orders and the list goes on and on.
And then to think of more than
one warehouses, production units, and branches not to mention goods in transit
with multiple logistic partners, sales and purchase returns, samples received
or sent, stock lying with job workers, work in process materials, purchase orders
not yet received and the lost again goes on and on.
Is any business capable of
surviving the lack of a payroll
software inventory management
system? I don't think so. So unless you are planning to walk around your
warehouse twice a day counting the quantities of every item in your stock and
unless you have the memory of an elephant to recall this on your fingertips
every time the telephone rings with a customer on the other side, you need to
go out there and get yourself a payroll
software inventory management
system.
An inventory management system
impacts more areas of your business than you think. It is not merely about
entering a set of keys to generate a list of your stock at the day end. It is
about integrating your purchase, production and sales to get a comprehensive
picture of your business at any given point of time. An payroll inventory system is the
blood flow of any business which connects the brain with the heart.
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