Manufacturers face several challenges with inventory control, some of which include
Balancing Inventory Levels
Holding enough inventory to meet demand while minimizing excess inventory not to tie up capital and storage space and prevent lost sales through stockouts.
Managing Inventory Accuracy
Ensuring accurate inventory records while dealing with complex supply chains and multiple inventory locations.
Controlling Inventory Costs
Minimize inventory holding costs while ensuring sufficient inventory levels.
Managing Slow-Moving Inventory
Avoiding slow-moving or obsolete inventory that ties up capital and storage space.
Efficiently manage your inventory with Priority Software’s inventory control module
Efficiently manage inventory levels and address common inventory control issues with a comprehensive inventory control module
Deliver on Time, Every Time
Efficiently manage your product lifecycle with real-time data analysis, inventory control, and order fulfillment to meet current and future needs. This includes minimizing excess stock, maintaining adequate stock levels to improve service, and handling part management, BOM, inventory and cycle counts, label printing, warehouse control, inventory transactions, and delivery tracking with unlimited warehouses and bins.