Overcome Your Inventory Challenges

17 Jun 2020

Managing inventory is a battle that businesses face in almost every industry. Challenges are similar across the board, but solid bulk storage tends to raise a few unique obstacles. General lack of inventory data, outdated technology, customer demand, and limited visibility are just some of what inventory managers face daily.

Feed mills, plastic manufacturers, and cement manufacturers are among the industries faced with the task of storing solid bulk material in vessels such as bins and silos. It is imperative to the operation of these businesses that all stakeholders are aware of current inventory status. Being unaware of inventory levels will negatively impact everything from supply chain to financials. That is why companies should always have full visibility of inventory.

Many companies continue to depend on manual processes for inventory management. Outdated technology can substantially hold a company back from its full operational potential. Manually gathering inventory data when you have silos spread across several locations can be very time consuming and very unsafe. By implementing new and improved technology such as remote inventory management, you and your team will become more proactive and efficient.

Keeping up with customer demand is a task that businesses continuously struggle to win. Customers’ needs seem to change daily! While it is tough enough to anticipate customer needs, it is even more difficult to proactively manage your inventory to keep them satisfied. As your competition grows, so does the challenge of ensuring your customers’ needs are met before they seek out a different partner. The growth and profitability of your company depends on your ability to keep customers satisfied.

Your ability to make smart business decisions relies on your visibility of critical aspects such as inventory. It is important to always know what you have in stock. New inventory management software allows companies to monitor inventory levels, consumption rates, real-time and historical trends, and other operational information on your desktop or on-the-go. With the ability to monitor from anywhere, users are always in control, taking the stress and guess work out of inventory management.

It is essential that your company properly manages both its employees and storage space. Otherwise, inventory management will never be an easy task. Remote inventory management software allows each user to have constant visibility of the inventory data that they are responsible for in their role at your company. From end user to logistics, manager to service professional, smarter inventory management keeps your team in the know. This allows you to optimize deliveries and avoid costly expedites.

Overcoming these inventory challenges will help your team avoid costly mistakes that lead to stressful decision making. Tools like remote inventory management systems will provide accurate inventory data, giving you the confidence to proactively manage while saving the company time and money. Allow the technology to do the heavy lifting for you so that your business can operate as smoothly and efficiently as possible.

Make better decisions faster.

Click here to download the AccuBin™ Inventory Management Brochure