Maximizing Information Technology Resources In Inventory Control & Warehouse Management.

Inventory Control and Warehouse management is a core entity within the Supply Chain Management (SCM) framework which if not effectively managed, can jeopardize the entire SCM process cycle. Inventory control & warehouse management in itself is a robust framework which requires a high level of efficiency, documentation, reporting and communication for effective operation.

With the introduction of Information Technology data capture, processing, reporting and communication is provided and applied at every stage of Inventory & Warehouse managements.

The table below shows how and where Information Technology can effectively improve Warehouse Management and inventory Control.

Other advantages using information technology management application:

• 1.       Visibility on real-time inventory balances across multiple locations
• 2.       Low inventory alert and re-order process trigger based on set threshold
• 3.       Inventory valuation methods is effectively setup and utilized for various group of inventory items
• 4.       Effective stock count using barcode integration.
• 5.       Tacking of stock transaction history and other related information
• 6.       Real-time report for decision making
• 7.       Integration with Account Management and other cost related entities.