Inventory management allows 3PL professionals to keep track of their resources and ensure they are fully stocked to run their operations.
Manual inventory management decreases productivity and efficiency. And many businesses are still not tracking or utilizing inventory management systems.
Effective inventory management allows you to maximize storage space, making way for new products, and improve the ability to gauge supply and demand.
Companies can reap a 25% increase in productivity, a 20% gain in space usage, and a 30% improvement in stock use efficiency if they use an integrated order processing for their inventory system. (Finances Online)
Having an all-in-one solution like MAVES International Software's ViewPoint Logistics™ 3PL Management Suite allows for seamless integration with more viable product details from the WMS to the TMS. Please contact MAVES at email@example.com for more information.