A simple guide to accounting for inventory
Learn the basics of inventory accounting and get a better understanding of your financial position.
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With supply chain management software solutions, organisations benefit from increased business intelligence and in-depth, actionable analysis into their data.
What is supply chain management and why is it important? Much like ERP, supply chain management is the governing of the flow of goods and services through your business, from sourcing inventory and manufacturing, to warehousing, distribution and customer services. With supply chain management software, you can streamline processes, reduce operational costs and make savings across the entire organisation.
Regardless of the size or location of your business, taking the time to construct an effective supply chain management strategy and investing in the right solution will deliver big rewards. There are many different supply chain strategies that can help your enterprise become more efficient, but dedicated SCM tools put you in control by connecting key business elements in one centralised platform.
Cloud functionality gives business leaders access to critical information in real-time so that they can make informed decisions. With increased insight and reliable data, businesses also reduce risk.
Connect your entire operation from the finance team to warehouse managers. With SCM tools, all stakeholders can easily access the same accurate data, reducing errors and increasing transparency.
Your customers are centric to everything you do so it’s important to have an efficient supply chain. By having optimised logistics and a clear overview of your inventory, you can fulfil more customer orders. Inspire trust and confidence in your customers so they keep coming back.
Automate admin-heavy tasks and processes to bring down costs and free up your precious time. A dedicated SCM system does the groundwork, letting you focus your time on business growth.
Our supply chain management systems offer simple solutions to often complex issues. Whether you’re a small business owner looking to optimise your warehousing or a medium-sized enterprise planning to scale up your process manufacturing, we have the right supply chain optimisation software for your needs. Realise your company’s potential with Sage today.
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