Importance of Inventory and Asset Management in Supply Chain

Erp Solutions Oodles19 Oct, 2021Miscellaneous

Manufacturing and trading companies’ requirements to balance supply and demand can be challenging due to forecast inaccuracies, evolving trends, and changing customer preferences. They need supply chains with efficient inventory and asset management practices to respond to market dynamics with agility at minimal costs. To augment their efforts, manufacturers and traders need asset and inventory management solutions to monitor goods with accurate data for better customer satisfaction.