- Print Media
Inventory management systems offer benefits to the operation of all types and sizes of businesses. An inventory management system decreases data entry errors, increases productivity and lowers operational costs. This is achieved by reducing or eliminating the hand-keying of data, manual physical inventories, backorders and lost sales due to inaccurate stock levels, inventory write-offs and shrinkage. With a properly set-up inventory system, you remove any ambiguity as to what is in your warehouse and where it is going.
Warehouse management systems typically pay for themselves in less than one year. Most of the return on investment comes through saving on labor costs and reducing losses in sales due to lack of stock. Very few companies understand how inexpensive and simple it is to put an warehouse management system in place.