Balancing stock levels is critical to reducing costs in manufacturing, distribution and retail businesses. Learn why inventory management systems are essential. Doing more with less is one part of the puzzle when it comes to running a leaner, more profitable business. Extracting greater value from your spend on stock is a great place to start.
In today’s post, we are going to explore how Enterprise Resource Planning (ERP) empowers wholesale distribution and manufacturing businesses with advanced inventory forecasting functionalities to resolve internal conflicts between warehouse, sales and finance. The debate between your Sales, Finance and Inventory/Logistics Managers may sound something like this: Logistics Manager; “If sales forecast more accurately and