Inventory optimization software helps employ best practices seamlessly through automation and heightened visibility. According to a report from McKinsey & Company, the worldwide cost of inventory distortions, i.e., overstocks, stockouts and shrinkage is $1.1 trillion. Reducing those distortions can lower inventory costs by 10%. Inventory optimization software puts the “best” in these 5 inventory management…continue reading
8 Advantages of Inventory Management Software to Scale Operations
The advantages of inventory management software are numerous and can help small businesses scale operations that have outgrown QuickBooks; extending the life of QuickBooks. More than 80% of small businesses opt for QuickBooks for accounting and to conduct all of the necessary financial management duties that go along with running a company. While QuickBooks is…continue reading
