Tired of counting the stock in your warehouse?

1. Do you often run out of stock?

I think every distributor will immediately agree with me. If you're short on stock, you require a better system to manage your stock. If you sell too much and promise your products to your customer, but your warehouse can't deliver, or the warehouse is short of stock, or they can't find the product. This will have a serious impact on your business.

With the right warehouse management software (WMS), you can quickly see what the current state of stock is and where this stock can be found. Even with multiple warehouses.

2. Do you have many stock differences?

At the end of the year, the accountant wants to know exactly what the stock is. But if the year-end count shows that you have hundreds, perhaps thousands of differences, and not only in number, but also in money, then something really goes wrong. Small stock differences will always be there, but large differences are an indication that stock is not being updated properly in your system.

A good inventory system will easily detect the problem cases and help you solve the problem.

3. How much stock do you have?

Software should support you in your daily work. To be able to make good decisions, you need good reports that provide insight into your supply chain. If there are often questions about the amount of stock and its value, this indicates that you do not have the right tools and reports available. For good and simple stock management you require quick access to the necessary reports, which give you insight into the stock quantity, stock value, where the product comes from and where it has gone.

Are you constantly looking for this information, or do you need someone to look it up or calculate it for you? Then you don't have the right software at home.

4. Do you frequently have to count inventory?

Do you typically have to count your stock because you notice that it is not correct? Manually counting and updating your stock is intensive and costly. Which ERP-system you also use, you will unfortunately periodically count stock motes. Deviations can always occur, and the system is only as good and accurate as the data that the users put into it. But a good ERP system will certainly help you to substantially reduce the frequency of counting. This helps you save valuable man-hours.

5. Do you have too much stock?

Having too little stock and not being able to deliver is bad. But having too much stock is also an important signal that something is going wrong. If your employees, responsible for purchasing, do not have insight into the correct data from the WMS, they will make wrong decisions. No, or incorrect information can lead to the purchase of products when there is no reason to do so at that time. This will lead to a stock surplus.

An additional problem with the large amount of stock is often that you sometimes have to sell products at a loss. This is just to make room in your warehouse. There are just as many cost and margin implications of having too much inventory as there are too few.