![]() ![]() Managing inventory across other warehouse locations.Tracking where the items are stored and how they should be shipped.Purchasing new items and receiving the items with all the relevant information.Companies should seek a system to assist with: Consider these 3 primary categories of inventory management: Inventory operations.Īn inventory management system must track all products, parts, and items that a company has in stock. So, where do you start? A great first step is to look at your processes and systems, then determine which areas need updating. When asked about their biggest day-to-day challenge, 43% of retailers ranked inventory management as their top concern.‡ Small businesses may have even more work to do: 43% of small businesses say they don’t track their inventory at all. When it comes to inventory management, sellers know there's work to be done. How to create an inventory system that sets you up for success. ![]() Let's look at how to create an inventory system with automation - using a low-code platform like Claris FileMaker - to unlock what's possible for your business. According to a CBRE report, as much as 400 million square feet of additional warehouse space could be needed in the next 5 years just to process returns.†įor many warehouse operators, automation can be the answer. Warehouses are under immense strain due to the ecommerce boom in 2020, when businesses saw a 146% increase in online orders.* Ecommerce growth also means more product returns. These types of improvements grow more critical by the day. Improved accuracy to help avoid wasted time and higher costs.īetter inventory forecasting to increase your profit and keep customers happy. Simpler processes that make it easier to run your business. A custom, automated inventory management system helps drive success in several key areas, including: One way to tackle warehouse management efficiency is with automation. Companies like yours understand how to manage inventory effectively and seek the right investments in technology and projects to stay ahead. And you know the warehouse is where the magic happens - particularly when warehouse systems remain efficient, functional, and well maintained. Your company is forward focused, meaning you're ahead of the game when it comes to using advanced technology and resources that drive success. ![]()
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