How Inventory Control Can Benefit Your Bottom Line
March 7, 2013
Inventory tends to move in fluctuations, and it is sometimes difficult to predict the supply needed to meet the demand. This is why it is important to have a strong inventory control system in place. Inventory control is a critical factor in the profitability of your company. It is one of the main areas where companies can rack up expenses quickly without always realizing it. When you manage your inventory properly, you are able to increase gross profit, lower expenses, and improve efficiency.
Counter Intelligence has equipped our merchandisers with portable computer tablets to accurately report on your inventory. We are a direct link from the product on the floor to you, providing you with essential information about what products are on hand and out of stock.
By maintaining an up to date inventory control system, it is easier for staff and management to identify what products are highly demanded versus products that are not. With this, a company can begin to sift through and narrow down their product offerings to meet consumer’s demands more effectively. This will allow for you to avoid major sales needed to liquidate your inventory assets that don’t result in a high return for your company.
Call us at 800-459-0565 #240 to learn more about how Counter Intelligence can help your company