Eifad is a web design company with the provision of professional websites compatible with smart phones with a private email, hosting and protection for your site for a year
Eifad Group provide Inventory Management solution that can operate via online requests based on location and, based on your preferences
Let’s have a closer look at how you can benefit from robust automation and advanced functionality provided by a tailor-made inventory management solution.
Robust automation of rule-based tasks is key to streamlining the daily activities of employees involved in inventory management while ensuring inventory data accuracy. Custom inventory management software effectively handles all core inventory-associated processes, from calculating inventory reorder points and placing purchase orders to creating customer invoices and generating inventory reports. The workflows can be easily adjusted to comply with your business specifics.
Inventory software facilitates tracking inventory levels and locations across the supply chain. It provides a centralized view of currently available inventory and its quantity and price and updates this information upon inventory purchasing, reservation, utilization, selling, and transfer between locations. Also, the solution enables real-time monitoring of customer order shipment via an interactive map.
Inventory management software leverages AI to enable accurate demand forecasting, identification of slow-moving inventory to mitigate the risk of dead stock, and demand-based planning of multi-location inventory levels.
To ensure supply chain resilience and reduce supplier-associated risks, inventory specialists should continuously monitor and re-evaluate supplier performance. Inventory software stores a full history of supplier deals, offers configurable supplier evaluation criteria, and calculates supplier ratings based on custom formulas.
Inventory software helps maintain optimal inventory levels across storage, manufacturing, and selling locations, which results in minimized inventory carrying costs. Also, it streamlines customer order fulfillment processes, which leads to a higher fill rate and increased revenue. To ensure timely order delivery while driving savings across inventory storage, software supports order drop shipping directly from a supplier.