Proper inventory management is crucial to the overall success of your company. If you don’t know what products to have on hand (and when to have them), you risk being unable to fulfill customer orders and potentially losing future business. Knowing what you have in your warehouse and where it is located is key to successful inventory management, for maintaining optimal inventory levels can help you avoid unnecessary costs while ensuring you meet customer demand without running out of product.
Before you invest in an inventory management solution, you need to sit down and determine the best solution for your company. There are many inventory management solutions available, and you need to choose a solution that fits your company’s requirements and future plans. Ask yourself the following questions as you begin to evaluate inventory management software solutions:[gearlist]
- Will this solution grow with my company, or will we have to invest in another solution in five years?
- Does this solution offer the flexibility to facilitate change?
- Does this solution offer the visibility to we need to manage our inventory requirements?
Traditional, on-premise inventory management solutions typically lack the visibility manufacturers and distributors need to effectively manage their inventory and can be very expensive to maintain. Cloud-based inventory management software, however, is less costly and can provide you with real-time access to the information you need to maintain accurate inventory levels. With inventory management in the Cloud, your managers can access important reports and information anytime, anywhere. Cloud-based inventory management software also integrates seamlessly with your ERP system so you can make holistic decisions for your company.
Cloud-based inventory management solutions offer companies the scalability, flexibility, and visibility they need to successfully stay on top of their inventory. If you’d like to learn more about managing your inventory in the Cloud, contact us today. We have several Cloud-based inventory management solutions for Sage 100 ERP (formerly MAS 90 / MAS 200) designed to take your inventory management to the next level.