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New Cloud Inventory Release: Benefits That You’ll Get With The New Update

Posted on October 1, 2021October 13, 2021 by 38gT65Hy598

Customers have been looking for ways to increase the speed of their cycle time to process goods and inventory to enable greater supply chain responsiveness. At the same time, they want the ability to manage inventory from multiple warehouses and disparate locations in real-time to ensure compliance to regulatory mandates, streamline systems, simplify processes and improve cost efficiencies.

Cloud Inventory empowers customers to accurately plan, execute and report on inventory status, work in progress (WIP), WIP-related inventories, tools, and other critical supplies and materials to ensure that they are meeting regulatory compliance requirements.

Gain confidence in pre-set pricing and inventory management time and save time while keeping customers satisfied by taking inventory into the cloud. The newest release will offer customers even more insights for complex inventory and source management, including increased demand forecasting, improved promotional efficiency, automated key management, and a seamless end-to-end supply chain.

It is designed to help distributors sell and deliver faster to retailers, warehouses, and manufacturers with greater visibility and performance. Field Inventory increases productivity, compliance, and cash flow by capturing real-time data and analytics from the source to the customer and staying ahead of demand through intelligent scheduling and customer feedback.

“The warehouse of the future has no walls, and it is a disruptive technology solution that allows manufacturers and distributors to control inventory and to monitor items in real-time both online and offline,” said Mark Goode, president of Data Systems International.

Accelerate cycle time and streamline tasks by connecting time by more accurately managing your orders, inventory, and contracts by implementing Cloud Inventory on the manufacturing side. It can:

  • Manage orders and production materials in real-time with global inventory visibility
  • Monitor and control material usage and costs
  • Reduce supplier lead times to allow faster product delivery and increase sales
  • Easily plan, track, and predict supplier savings
  • Operate a leaner supply chain, leverage sub-contractors, and reduce inventory requirements with build orders and downtime
  • Track Field Inventory Management, Jobsite supplies, sales opportunities, consignment inventory, parts, new product development, and more.

It is a fully integrated solution that simplifies how manufacturers, distributors, and logistics companies work across the supply chain, with intelligent web portals and a robust mobile app. Refer to this page for related information.

 

Learn more about Cloud Inventory on https://www.scmdojo.com/cloud-inventory/

 

 

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