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Your source for weekly stories and advice on local business, the economy in general and what’s happening in Sydney this weekend.
Key Considerations When Choosing a New Inventory Management System (IMS)
For product-based companies, inventory management is a vital component to the business' health, competitiveness, and growth. However, nearly 50% of small and medium enterprises (SMEs) either don’t track inventory or use a manual method of doing so.
Growing SMEs must appreciate the benefits of a robust inventory management system (IMS), and might consider a system migration to a platform that can sustain and propel business growth.
Why an Inventory Management System is a Business Asset
Well-managed inventory is one of the most critical assets a goods-based business can have, but it can be tricky to keep this area of your business running smoothly. If you’re involved with both physical brick-and-mortar stores as well as e-commerce, then having accurate inventory is even more crucial to your success.
