Managing your stock inventory across your network
The importance of managing stock inventory
The importance of managing your stock inventory well across your complete supply chain cannot be over stressed.
Well-managed and visible stock inventory information increases confidence across the partner network. Product availability indicators are accurate and in real time. This accuracy signals that the company runs a “tight ship”. It forms an essential part of the partner supply value-chain.
A good stock inventory system will show the quantity of inventory available in real time. It may also incorporate back-order and drop-ship management capabilities for orders. It must be easy to identify perishables easily. This will help move these products through sales before expiry.
Stock inventory typically provides a smaller business with one of its biggest costs. It is essential that inventory management and accounting are part of the same system. On dispatch or receipt, the updated figures should be automatically posted to accounting automatically in real time. Profitability is better as the figures for inventory are always accurate resulting in better sales and purchase commitments.
A Cloud ERP can help in effective inventory management in a capable, affordable and a hassle free manner.
This is the fourth article in the series of articles by the VersAccounts Team on “Can small businesses thrive using strategic collaborations with supply partners and customers?”
OUR VALUE PROPOSITION
We at Versa Cloud ERP have created a multi award winning, secure, comprehensive Cloud ERP solution that is e-commerce and mobility ready. The Versa Small Business Cloud ERP dba VersAccounts system is accessible anytime, and on any smart mobile device. It provides support for e-Commerce and Multi-Channel Retail includes integration with 3rd party e-commerce platforms as well as POS systems.
In addition, the VersAccounts Small Business Cloud ERP system includes the ability to remotely manage Master Data on multiple e-commerce and POS systems including product description, pricing, images, etc.
It is affordable and targeted towards small businesses and is backed by a promise of dedicated support. It is being used by clients in diverse verticals and could help you redefine the way you operate and grow your business.
Our solution is designed for fast growing small businesses, between $1-$50 M in annual revenue, looking to upgrade business management solutions like entry-level accounting products or mid-tier legacy on-premise ERP systems or even those looking at comprehensive and affordable ERP solutions.
Built from the ground up on the latest cloud and mobile technology, the Versa Cloud ERP system allows businesses to automate and optimize their operations across multiple companies, countries, and currencies with one integrated ERP system.
We will help you in a structured manner to migrate your data seamlessly from Epicor, Infor, QuickBooks, Microsoft Dynamics, MYOB, Sage, SAP Business One etc when you make the decision.
Versa ERP pricing begins at USD $1,800 per year (1 User) for access to all Versa ERP modules and integrations, and a one-time set up & migration fee of USD $4,500.
Capterra User Reviews give us a 4.8 out of 5 rating and we are working on closing the gap further.
We’d love to hear from you.