inventory control
cut your inventory costs dramatically!
Using proper inventory management techniques, most businesses can decrease their inventories by 20% or more. The cost of tying up money in overstock inventory is obvious, but under stocking inventory is even more damaging to your profits. Every time you don't have what your customer wants you risk losing that customer to your competitors.
Unproductive and overstock inventory has a negative effect on your net profits of about 25% of its value. If the value of present inventory is $1,000,000, you have the potential of reducing it by $200,000 while reducing the amount of out of stock situations.
Demand forecasting will increase your cash flow and save your company the yearly carrying costs on that inventory of approximately $50,000.
Northeast Business Systems has specialized in creating TRAVERSE Accounting Profitmaker Reports and tools to aid the business owner in controlling their inventory instead of the inventory controlling them.
Please contact us if you would like any further information on how our expertise in Inventory Control and TRAVERSE can help you increase your cash flow and profits.