Decoding the Need for Inventory Management Tools: A Comprehensive Guide

My posts get a few thousand views every week.

90% of viewers don’t need any tool for Inventory management.
7% need it, but not now.
Only 3% need to have a tool for inventory AND they need it NOW.

Which bucket do you belong to?

Use this self-administered test to find out which bucket you belong to.

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Retailers realise that Better Inventory management will help:

– Optimize Stock Levels
– Reduce Costs
– Minimize Stockouts
– Take Data-Driven Decisions
– Enhance Customer Service

All companies are DOING Inventory management.

Some do it in Excel sheets and some have tools for this.

Do you need to invest in a tool which automates inventory management for you?

Implementing an inventory management tool also comes with concerns:

– Implementation costs
– Change Management
– User training
– Customisation
– Sustainability

You can use the below questionnaire to check if you need to invest in a tool for better inventory management OR if the current way is good enough for you.

You can download the below questionnaire and send it to anybody who you think can benefit from such a questionnaire.

Thank you for your time!