Seeing your inventory data in real time is important for a number of reasons:
- Reduce unused inventory stocking levels, which lowers carrying costs and space requirements.
- Minimize Out of Stock costs, which helps recover lost sales.
- Better predict transportation costs and plan, for tighter scheduling and shipment management.
- Better utilize and control warehousing space, to predict high demand and incoming inventory.
- Reduce transportation costs from tighter scheduling and management of shipments.