The aim of stock control is to minimise the cost of holding stock whilst ensuring that there are enough materials for production or sales to continue meeting customer demand. Obtaining the correct balance is not easy and the stock control department will work closely with the purchasing and marketing departments.
Good stock management lowers costs, improves efficiency and ensures that production and sales meet fluctuations in customer demand. It gives the company a competitive advantage as more efficient production and stocking then feed through to lower prices satisfying customers requirements with products available on demand.
Poor stock control can lead to problems associated with overstocking or stock-outs and uncontrolled stock losses.
redux-sys offers an end to end solution to control your stocks; this may be "tightening" up the processes and systems you already have in place or designing a complete system afresh for your business needs.
