5 Methods of Inventory Management

Low employee morale can hit you like an arctic winter. The workplace transforms into a desolate dead-zone, where smiles are distant memories and the Office Space corporate dystopia comes to fruition. So how can you mitigate this nightmare from becoming a production floor reality?

Surprisingly, something as simple as inventory control software can have real results in reducing stress in the workplace. Below, I’ve compiled a list of five ways this seemingly vanilla solution can produce tremendous results in employee attitude.

Keeping Stock of Your Stock

The ability to pull inventory information at a moment’s notice becomes paramount in maintaining efficiency within a given business. Software reduces the required work to take an order, receive, pick, pack, and ship inventory, giving employees and managers more time to acquire new skills and diversify their positions.

Relieving Stress

Inventory software automatically answers typical inquiries regarding the day-to-day procedures in inventory management on the production floor. This is especially beneficial for those seasonal industries where the majority of sales come during several “high season” months.

Client Comfort

Happy clients tell 10 people about your services; an unhappy client tells 100. In business, the customer is king. Inventory software allows you to make solid promises to clients. A happy customer equates to a satisfied business owner… and a satisfied you!

No More Surprises

Keeping track of what’s happening within your factory reduces those terrible inventory surprises that keep managers up at night. Reliable inventory software reduces the risk that a component order was insufficiently placed or that product wasn’t shipped on time.  Streamlining complex processes and automating tasks could be the greatest sleep aid since Tennessee bourbon.

Growth Stability

It’s no secret that growth results from efficient practices and a balanced inventory. Keeping track of previous order and production reports can provide a glimpse into future demand based on past buyer habits. This presents the unique opportunity to tailor your inventory around fluctuations in the yearly business cycle for minimum waste.

Clearly, there are benefits to streamlining your inventory scheduling, maintenance and shipping through automated inventory software. This software reduces stress from unnecessary stimuli while providing employees and managers the freedom to diversify their work portfolio through acquiring new and rewarding skills. 

Here is some more information on what inventory software can do for your business.