Inventory is the biggest cash black hole for most physical enterprises, and also the scenario with the most certain digital return.
Inventory is the biggest cash black hole for most physical enterprises, and also the scenario with the most certain digital return. This article draws on our practical experience serving more than 3,000 enterprise clients.
The three bottom lines of inventory digitalization: accounts match reality, batches are traceable, and alerts are timely.
Every one-point increase in inventory accuracy releases considerable cash flow.
Start by managing inbound and outbound with barcodes/QR codes; this step alone can raise the accounts-match-reality rate above 95%.
There is no standard answer to digital transformation, but there is one iron rule: first get one scenario running and deliver results, then talk about rolling it out across the board.