Benefits of Stock Application for Your Business
Table of Contents
The stock application is a specialized system used to manage operational activities in the warehouse. Choosing the best application according to your needs makes work more effective and uses less energy than manual work. In addition, the stock application also has various benefits for your work. Let’s see the benefits in the following explanation!
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Monitoring Stock Level
Monitoring stock level is the most sought-after benefit by a businessman. Automatic monitoring activity can happen because of barcode/QR code technology, by giving a unique code to each item in the warehouse. In addition to monitoring stock level in real-time, product counts can be executed more accurately. Warehouse Management System Advotics is a system where users can monitor stock in real-time and transparently. This solution comes handy when warehouse officers have to carry out stock-taking activities.
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Manage Storage Locations Easily
In addition to tracking stock movements, the inventory application also allows staff to manage storage locations according to price, expiration, SKU, and condition of goods. The warehouse capacity also can be used more optimally. A complete stock application can provide recommendations for storing goods, until recommendation for order picking based on the time of storage.
Warehouse Management System Advotics is equipped with settings that support the FIFO & FEFO methods in managing stock in the warehouse.
Read More: 5 Tips for Stock Management for Your Business!
Improve Customer Satisfaction
Stock applications can reduce the time to placing an order until the delivery process because everything is organized automatically through the application. Monitor the number of orders available in the warehouse, so that all customer orders can be fulfilled correctly. This way you can increase your fill rate and customer satisfaction.
Save Operational Cost
Another benefit of using a stock application is the expenditure of operational costs that are more controlled. The use of inventory applications can reduce potential of deadstock by identifying which items must be sold first. In addition, this system can help producers to determine the type and quantity of goods that must be available in the warehouse to reduce unnecessary product spending.
Improve Employee Performance
A warehouse system can help staff identify which tasks should be prioritized. In addition, the use of an automated system can ease the tasks of employees such as calculating stock, picking and placing goods, checking goods movements, and so on. Warehouse staff can also perform various tasks easily.
There are many benefits of stock applications, let’s start switching from manual systems and start considering using stock applications for better distribution operations.
