MOBILITY FOR INVENTORY CONTROL PROCESS – A POTENTIAL GAME CHANGER
To stay ahead in the growing economy, it is important to bring in and manipulate fresh strategies that can result as a high profit margin getter.
Retail business today are more FMCG inclined. To achieve the desired target, both their inventory and money flow need transparency. On the other hand, the same sector has evolved significantly in the past few years and is looking for better opportunities to accomplish the set goals and gain better profit margins. Inventory is a key department of retail that needs a strategic adoption of the technology, be it small or big in size.
The traditional method of managing the inventory is gradually going away of the boundary. Mobile applications are efficaciously managing the tedious inventory management tasks. The finest evidence we can put forward for this is the shift of around 50% retail businesses’ inventory system to the app from the desktop in recent times. This is where mobile app development is much more in demand by retailers.
Let’s see why they have gone app:
The mobile inventory management system enables you to perform routine tasks remotely through a device. The device can be a handheld windows device, digital assistant or radio frequency scanners. The app will keep your operations tracked for every transaction. It will also keep you notified when you need to add an order for any particular inventory. The system helps you achieve better data accuracy and transparency in stock movement, as well as reduce the inventory carrying cost by 10%.
Benefits of Mobile Inventory Management
Data accuracy
With the inventory management app, you can achieve data accuracy with the finest tracking feature available. You can make sure you have the accurate availability of inventory. With the smooth and seamless workflow benefit it offers, you can easily get access to the data you stored without any hassle.
No more usage of pen and paper to note down data
In inventory, data gathering is crucial, but writing the details on every time you get the data is somewhat cumbersome. Moreover, ‘running after act’ to keep them safe and secured is completely a hassle. The app helps you store entire data in one place with rigorous security, and access it whenever you want it.
Agility in work
Mobile inventory management not only helps you achieve accuracy, but also bring agility in the work process. Whether you need to store data or fetch out the final conclusion, everything happens in a fraction of seconds. You can also keep a track of goods that you have ordered, goods which have been delivered and goods that are yet to be delivered.
Real-time reports
Mobile inventory management not only helps you achieve accuracy, but also bring agility in the work process. Whether you need to store data or fetch out the final conclusion, everything happens in a fraction of seconds. You can also keep a track of goods that you have ordered, goods which have been delivered and goods that are yet to be delivered.
Conclusion:
Having mobile inventory is like hitting down many birds with one stone. These are just a few benefits retailers can leverage from mobile inventory. The mobile inventory can work as a main profit-booster. Give your inventory a chance to collaborate with mobility, and see the way how it saves time, cost, and efforts, and helps your business go the way it wants to go.
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Need Help to Develop Mobile Inventory?
We at FuGenX are a three time Deloitte award-winning global mobility company. We develop cutting-edge mobile inventory systems on both iOS and Android platforms.