When managing perishable or time-sensitive inventory, inventory rotation becomes an essential issue for the profitability of your warehousing operations.
Several inventory management methods tend to prevent losses associated with inventory rotation
(FIFO, for example), but this is only a method; it's in the application of the method that problems arise. What's more, in a multi-location environment, the oldest stock may be on several pallets in different parts of your warehouse.
Think further, if your software managed your receipts in batches with their specific expiry dates. What if it managed, again at receiving, every place where stock is placed, pallet by pallet? Then, if your warehouse employees had a cell phone that told them each time which pallet(s) had to be placed for picking...
That would be nice... But let's continue...
If your managers had an automatically refreshed table (Widget) on their personalized menu that listed the products that will expire in 2-3-6 months (weeks or days) according to your needs, they could act before having to react (specific promotion, approaches to the supplier).
If these same employees could access an interface listing the products for which the quantities on hand are too large for future sales over the next 2- 3 - 6 months...
Finally, what if your purchasing people had a purchase order interface that suggested quantities to order to cover upcoming sales, while taking into account the fluctuation in sales over the last few months of the products listed, so as to order less of the products whose sales are falling and more of those whose sales are rising?
What if I told you that it exists... and that this software does even more!
Contact us about the module Distribution of Evolution ERP