There are few things more beneficial for a business than having employees who are experienced in their industry and in that particular facility. Because every business is different, and every business has strengths and weaknesses, long-term employees are valuable for running processes with the strengths and weaknesses in mind. This is especially true for inventory management, because the longer an employee works at a business, the more they learn. They know their stockroom's layout, how to use the inventory management system, and they have a handle on what sells well and what doesn’t. Utilizing these employees’ skills can improve your inventory management, improve customer service, and lead to higher profits.
Multiple facilities up the ante. For even the most seasoned of employees, managing multiple stockrooms and controlling product as it moves in and out can prove difficult. Training your employees to handle these tasks is an option, but it is time-consuming and takes away from other business processes.
Don't let this issue stop you from branching out and opening more facilities, however.
Because, thankfully, you can automate these processes with inventory management software. This valuable tool compiles and tracks important data – such as the receiving of new inventory or the shipping out of current inventory – from multiple stockrooms and allows you and your employees to view the data in real-time.
Since the software accounts for multiple stockrooms in a single program, updates take place in real-time and in all facilities, whether the change is occurring in that facility or not.
Using inventory management software offers accuracy that you'd never get through the traditional method of having employees manually track inventory. One reason is that a computer rarely makes errors, particularly in comparison to people. Another reason is that the software provides you and your employees with more time to dedicate to other business aspects, such as customer service, training, and marketing.
To learn more about using inventory management software to ease the transition to multiple facilities, contact Oates & Company today. We can help by finding the software you need to make expansion not just easy, but profitable too.
