Controlling inventory costs provides your business with a competitive edge. It enables you to know that you have the right raw materials in stock just-in-time, while avoiding the costs associated with buying and storing more inventory than you need. On the distribution side of your business, tight inventory control helps you plan production schedules and ensure that your customers will enjoy on-time delivery of their orders. If your company has more than one warehouse, centralizing your inventory can improve cash flow and strengthen purchasing power.
Our inventory control solutions enable you to optimize your stock levels for smooth production operations with greater cost efficiency. Improve customer service by delivering products on-time. Enable sales representatives and customer service representatives to instantly inform customers of what’s in stock - without calling the warehouse. Increase opportunities to up sell and cross sell products. Analyze stock levels to identify trends among products – then plan promotions to maximize your profits.
[customer quote] “The system tracks every inventory transaction with each of our 3,000 items, keeping a running record of stock on hand. This is essential, because we might buy raw materials in 100-pound shipments, but only pull out three pounds at a time…Having accurate, up-to-date inventory information allows us to do better production scheduling.” Larry Modene, MIS Manager, Lasco Foods, Inc.
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For additional information regarding Infor contact Stratotec and see how we can help your company become even more successful & efficient.