What is Inventory Management?
Stock control or inventory management is the process of ensuring you efficiently regulate what stock you keep in your warehouse at any given time. It involves all aspects of purchasing, storage and sales.
The main focus is to ensure you have the right amount of inventory at the right time and at the right cost. It sounds simple, but if you perform all of your stock management in-house, it can become quite cumbersome without the right stock control software or insights into the market.
When done properly, inventory management can have a huge impact on the satisfaction of your customers and therefore the success of your business. In a nutshell you want to be able to service customers by having the most popular items in stock, whilst not taking up precious storage space with items that don’t sell well.
Inventory Management Service
Our Fulfilment Portal is specifically designed to give you unparalleled visibility and reports regarding your inventory and orders. Whether looking at the dashboard, viewing queries or running reports, the data is always as up to date and live as it can be.
With accurate stock control, your customer experience, profits and and delivery efficiency will continue to grow, thus giving you more time to invest in other areas of your business.