INFOGRAPHIC: The Guide to SaaS Inventory Optimization
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The infographic, The Guide to SaaS Inventory Optimization, will walk you though the steps to successfully on board an inventory optimization software for your operations. When it comes to inventory management, many organizations struggle to keep costs under control. Seasonality of products, supplier inconsistencies and sales demand variables all weigh heavy on an organizations profits. That is where inventory optimization can help.
Inventory Optimization is the science of strategically driving inventory costs down to their absolute minimum level while still achieving high target service levels and fill rates.
The Supply Chain Challenge:
2 out of 3 supply chain executives rank cost containment as their number one responsibility to the business—far ahead of enterprise growth and product or service innovation.*
3 WAYS TO ELIMINATE COSTS IN YOUR SUPPLY CHAIN
1. Make Smarter Inventory Planning/Policies
2. Automate Replenishment & Purchasing Accuracy
3. Extended Operational Accountability & Visibility
STRONGER PROFITS START WITH COST REDUCTION
The cost of not optimizing inventory planning is significant. Most wholesale distributors can lower inventory costs by 30% while also increasing customer service levels by a similar percentage after implementing Software-as-a-Service inventory optimization solutions to support their Enterprise Resource Planning (ERP) Tools.
BENFITS OF SaaS INVENTORY OPTIMIZATION
– Increase Customer Service
– Reduce Inventory Costs
– Increase Operational Efficiencies
– Seamlessly Upload & Integrate to ERPs
Like what you see?
Learn more about SaaS and cloud-based software in our free white paper “Why Inventory Planning & Optimization Belong in the Cloud”; find out about the latest trends in cloud-based software and see how using the cloud to securely store your software can positively impact your bottom line!