Cloud Computing for Real-time Inventory Tracking, Control and Management
As you may already be aware, many small and midsized business owners are deploying their business applications in the cloud. Just as management personnel at many successful business enterprises have become accustomed to the benefits derived from automation and up to the minute data, leaders of smaller enterprises can do the same.
The latest example of that proposition is Cloud-based Inventory Management. In its distillate version, inventory management entails having accurate information about the products in stock and where they are located. Inventory management also entails being aware of when new stock must be delivered and about knowing what products to have on hand as well as the timeframe to make the items available.
Determining the right inventory management system for your business requires assessing your needs today and your plans for future growth. If your company evolves as planned, will your inventory management system grow accordingly?
Typically, many traditional on-premise Enterprise Resource Planning (“ERP”) systems do not offer the speed and other attributes necessary to manage inventory in today’s modern distribution environment. Many companies resort to unwieldy spreadsheets to manage inventory or rely on gut feel, potentially costing thousands of dollars in emergency replenishment or lost revenue from stock-outs.
Cloud-based inventory management offers a compelling alternative to manual approaches to inventory management or on-premise ERP. The best cloud system provides real-time visibility into inventory, with anywhere, anytime access to critical information. It can function at the core of an ERP system, integrating seamlessly with demand planning, financials and logistics. Automated tasks can reduce input from employees and, therefore, “free up” time for other employee tasks. Scalability, flexibility and visibility are the three key elements that comprise an integrated approach to inventory management in the cloud.
Spreadsheets or QuickBooks might be adequate for a business just starting out, but growth will quickly outpace their capabilities for inventory management. How can you ensure your inventory management solution scales with your business as you increase your market share and penetration, handling more products, more volume, more customers, more suppliers and more locations over the next two years, five years, ten years and beyond? The right cloud inventory management system will scale as your business grows, from a small single-warehouse operation to an international distributor spanning multiple markets. The cloud makes it easy to add users, functionality, warehouses and suppliers””without the large-scale cost and effort required to implement a new on-premise system, or install it in new offices.
Interested in a cloud system which lets you select the right level of inventory management sophistication for your business or industry? We’d be happy to show you how, with the inventory management system in SAP Business One, you can use only the functionality you need, without needless complexity. As your business grows, the inventory management within SAP Business One scales with you by offering more sophisticated features and virtually unlimited capacity for more users and information.
SAP Business One ERP Software, Tech Support and Services
Since 1983, Cornerstone Consulting has been providing enterprise business management software systems to small and midsized manufacturing, wholesale distribution, and retail companies. In 2005, Cornerstone Consulting became trusted SAP Partners and resellers of SAP Business One. This enterprise resource planning (ERP) system, combined with the configuration expertise of Cornerstone Consulting, allows a company like yours to operate a state-of-the-art business management solution which is tailored to meet all of your specific business needs.
Together, we can boost your company’s performance, boldly lead your business into the mobile future, and help you savvily out-smart your competition. SAP Business One ERP has many benefits to offer businesses of any type including: the ability to access the enterprise resource planning system on your iPhone and iPad; better business intelligence and analytics via built-in Crystal Reports; instant, “real time” access to information from finance, manufacturing, warehouse management, customer service and sales departments, as well as automatic “workflow alerts” that provide warnings based on individualized business rules. Review SAP Business One ERP now. We’ll gladly show you this amazing software system. Call Cornerstone Consulting at 813-321-1300 today.
