September 19th 2023 11:00:00 AM
Use an Inventory Tracking System to Meet These Challenges
March 17th 2020 15:00:00 PM
A good inventory tracking system does more than count the goods on your shelves or in your bins. It can help you meet common challenges—and overcome them.
It’s surprising that, in 2020, some companies still lack a smart inventory tracking system. They continue to rely on paper and pencil, clipboards, and spreadsheets to track their most valuable asset.
That’s a shame, because they’re missing out on many important benefits.
3 Benefits of Using an Inventory Tracking System
- Minimize inventory costs: Inventory costs are more than the total wholesale cost of goods. Total COGS also include warehousing and handling costs. LIFO tracking, stock rotation, and selling off aging goods are all ways to minimize inventory costs that can be facilitated by using an inventory tracking system.
- Provide better customer service: How many times have customers called to ask if something is in stock and you don’t know? Instead of calling the warehouse or running out there yourself to look, an inventory tracking system enables you to look up the item on the dashboard and provide an immediate answer. It’s better for customer service.
- Automate manual tasks: Manual reconciliation of inventory is a major headache. Instead of entering items into multiple spreadsheets, let the inventory tracking system automate the manual tasks.
Scanco Enterprise Inventory Tracking System Integrates With Sage 100/100
Scanco Enterprise integrates with Sage 100/100 so you’ll always be able to get a clear and comprehensive view of all your business’ assets at once. Wave/order picking features in Scanco Enterprise direct your team members through the warehouse by bin location. It’s a great help to make picking more efficient and saves time and steps throughout the warehouse.
If you’re ready to explore a new inventory management system or add one to your business contact us online or call (330) 645-9959 to arrange an appointment with a Scanco Solutions Expert.