If you make, distribute, or service physical goods, how well you manage your inventory ties directly to your bottom-line performance. But it’s difficult to manage inventory as your company and product lines grow. More materials from more suppliers and more options for more customers means more inventory complexity. If you’re not scaling and automating your inventory management with modern, connected solutions, you run the risk of stockouts, overstock, unhappy customers, expedited freight costs, and more.
Rootstock Cloud ERP offers a modern inventory management system to enable global visibility across your inventory locations and materials, track the status of materials from up the supply chain and down through production and delivery, and provide complete traceability down to the lot, serial number, location, and more. You can even do it all on your smartphone! It’s so powerful and intuitive, you’ll quickly see the value in this 60-second video demonstration.
Go ahead, we’ll wait.
Pretty cool, eh? So now you’re probably intrigued and looking for even more information. Inventory automation can revolutionize how your business operates. At the most basic levels, you get more control over, and visibility into, how your inventory connects to customer demand. But that’s just scratching the surface.
We’ve found that many fast-growing companies struggle with inventory management fundamentals. Growth tends to be maintained with a patchwork of solutions that end up not working well together, which can bog down your quest for even more growth. Too many disconnected (or barely connected) applications force you to hop between apps to accomplish simple tasks or complete process steps, or it prevents you from getting the needed insights at all. The limited visibility leads to stockouts, which then lead to unhappy customers, lost business, increased freight costs, or worse.
Learn how Rootstock solves your inventory management challenges in this 30-minute detailed demonstration.
Rootstock gives you a robust inventory management solution to precisely manage inventory across your business. Top-level dashboards provide at-a-glance views of your entire inventory levels by lot and serial number and across different sites. When it’s time to pick, Rootstock lest you peer into specific locations at each site, and even down to the aisle and shelf, so materials handlers can save time and go directly to the right spot.
But just knowing what’s where isn’t enough. Rootstock gives you detailed, real-time traceability so you can see expiration dates, updated quantities, and inspection results. It also provides visibility up and down your business to connect demand forecasts back to supplier purchase orders, so you’re always keeping pace with production needs and customer expectations. And, you can stay on schedule because it lets you specify lead times and pick times, helps you manage safety stock, and enables you to see planned requisitions so you know what raw materials to buy and when to order them.
Quality is also important to effective inventory management, and Rootstock helps here, too. Scrap and expired inventory obviously impact production, which impacts your deliveries to customers. Rootstock enables you to track quality parameters, from measurements and scrap rates to whatever your unique process requires, and at every point from receiving to production.
Of course, Rootstock rolls up this data to enable reporting of inventory at any level and at any frequency, increasing the “inventory intelligence” of your entire team. And, since the data is presented in real-time, you’re always making decisions based on accurate and current forecasts, inventory levels, expiration dates, production needs, and more.
Effective inventory management is critical to business success, especially as your business grows. A modern, connected solution can both automate much of the inventory management process and provide the needed visibility to strike the right balance between inventory on-hand and customer demands. The result is less stockouts, more efficient production, and higher customer satisfaction.