Physical inventory counts are unavoidable for just about any company that manufactures, distributes, or sells products. They’re critical to a business understanding and managing its inventory position and creating accurate financial statements. But that doesn’t mean your physical counts need to be as time-consuming and painful as they are today. Companies that ditch the pen and paper for inventory and warehouse management systems can expect to vastly improve their numbers. With a better understanding of inventory and how it’s allocated, businesses can:
- Confidently rely on a demand-based production model
- Keep less inventory on hand
- Decrease overhead costs associated with storage
This white paper covers how inventory and warehouse management systems can make physical counts faster, easier and less frequent.
