The COVID-19 outbreak has been a tragedy for humanity. Amongst its many impacts is the global economy and the global supply chain. The impact of the pandemic will extend to companies’ supply chain operations and their ability to service their customers for years to come.
If your organization is looking to make big improvements to your bottom line, a new inventory management system could be the solution to a problem you weren’t actually aware is impacting company success–especially for organizations using paper-based processes or multiple disconnected ERP and inventory systems. Systems, or a lack thereof, could be limiting profits and holding back improving customer satisfaction. Optimizing inventory movement is key to improving success.