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In Covid-19, Real-Time Inventory is a big deal that you

should care about?
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With the advent of Covid-19, the whole products and services domain has not remained the NEWS LETTER
same since. Today, there is nothing that is not sold over the comfort of online shopping. This
ingenious move has become the backbone of SMEs and smaller companies helping them be Email
niche experts or compete against the big giants. One signi cant feature that has helped the
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success of the Online Shopping and eCommerce model is Real-Time Inventory Control.

Here is how Real-Time Inventory Control has helped SMEs:

Lesser Inventory holding RECENT POSTS

For smaller product companies, manufacturing and storing of products take up a lot of their Looking For An Ideal ERP Solution?
processes and investments, and likewise, during peak times, the extra load on the production Things To Consider Before Narrowing
lines also can block further channels. This is where eCommerce has helped millions of SMEs Down The Choice To One
and Startups – in identifying the right demand and reaching out to more customers while
In Covid-19, Real-Time Inventory is a
keeping the production at optimum. Interestingly, it has also helped in creating de-marketing
big deal that you should care about?
during o -seasons, i.e. spreading demand over non-peak seasons through discounting,
complementary o ers, and analyzing the impact of the same through real-time control. How An ERP Software Boosts
Operational E ciency of businesses
Better analytics
Why ERP Is Must-Have For Pharma
Real-Time control of inventory helps in better analytics of your data region or product-wise.
Manufacturing SMEs?
Tracking is the core bene t of real-time inventory control but that tracking component is
 incomplete without analytics and drawing out e cient processes for the company. Simple Evolution Of Industry 5.0 – SMBs Are
things like drawing out shorter delivery routes, localization and mapping of regions, creating You Ready For The Transformation?
hubs, and spokes for areas with high demand help you in easing o the load during peak
times, saving a lot of money, and gaining customer loyalty by e cient and timely delivery of
products.
RECENT COMMENTS
Going Paperless

Going paperless today is not a luxury but a necessity. Integrating your warehouse with ERP
software and Online booking tool gives you a complete view of your organization. This helps to
bring in all the departments and processes at one platform eliminating pen and paper and ARCHIVES
giving away the need for physical storage of space. From forecasting to inventory management
December 2020
and nance management for all clients during all seasons, you can now do it from a single
platform helping you contribute a small but essential bit to the environment. It also gives you September 2020
the ease of applying inventory concepts like LIFO, FIFO at ease.
August 2020
Real-Time Reporting
July 2020
Reporting is an essential process in any organization without which the management will not
March 2020
e ectively forecast the future or pinpoint what is blocking the processes. With Real-Time
inventory control, the reports are dynamic – i.e. can be generated at any time and any place. It February 2020
gives a much intricate control of the organization. Also, in an ERP system, you get to map
January 2020
employees with the data that they can have access to and get a full report of the changes
made and by whom.

Future Trends
CATEGORIES
Knowing only about your current operations is not important. To be a market leader in these
ERP Software
competitive times, you need to start understanding the audience and what might be the trend
in the future. Integrating your Social media along with Inventory management and ERP will Pharma
allow you to collect insights directly from the audience which on analysis can give you metrics
to improve on ideas to work on a new product and get the ‘First Mover’ advantage.

Real-time inventory control removes all the blind spots from your vision and helps you in
streamlining your data and processes. To know more about how can your company bene t
getting real-time data, drop us a mail at sales@processmaster.in or call us at +91-91111 00862

By : processmaster
Tags: inventory, real-time

How An ERP Software Boosts Looking For An Ideal ERP Solution?

Operational E ciency of businesses Things To Consider Before Narrowing
Down The Choice To One

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In Covid-19, Real-Time Inventory is a
Contact Us big deal that you should care about?

How An ERP Software Boosts

Operational E ciency of businesses

Why ERP Is Must-Have For Pharma

Manufacturing SMEs?

Evolution Of Industry 5.0 – SMBs Are

You Ready For The Transformation?

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