Distribution
As a distributor, your inventory is the life blood of your company. Managing what is probably your largest asset can sometimes be challenging . Connexia offers you solutions to help you more effectively manage and control your inventory and costs.
Industry Challenges
- You have too much of some products – excess inventory and dead stock leads to decreased turnover and profitability.
- You are out of stock of some products – out of stock items result in backorders, lost sales and overall decrease in customer satisfaction.
- You don’t know what products are in stock – the on-hand quantity in your computer system does not match with what is actually on your shelves.
- You can’t find items in your warehouse – items are in your warehouse but you don’t know exactly where they are.
Solution
- Inventory Control –you will be able to count portions of your warehouse, stockroom or store without having to shut down, and accurately know how much of each item you have and where it is. You will be able to automatically assign and track lot/serial numbers at the time of receipt or assembly to save time and reduce errors.
- Inventory Management – you will be able to determine when to order products, how much to order as well as identify the most cost effective source of supply for each item in each stocking location.