Inventory Management Solution: Is your inventory management system is fully automated?

June 18, 2019, By BirchStreet Admin

The hospitality industry – including hotels, restaurants, clubs, casinos and other venues – utilizes complex inventory management systems due to multiple inventory items and outlets. Automating and integrating inventory has become a requirement rather than an option.

In today’s environment, when information is king and efficiency is gold, it is critical to fully integrate an inventory management system to eProcurement, Recipe management automation and POS systems. Free standing inventory systems, regardless of sophistication, simply cannot provide the valuation accuracy, ordering efficiency, and planned production functionality of a fully integrated solution.

Automating the inventory process results in increased profits and increase efficiency. Not only can you do more with less, you can make more money with less. A fully automated and integrated inventory management system will increase profits by providing accurate business intelligence that will drive better decisions, provide accurate product prices to support better purchasing decisions, and provide cost control compliance. Efficiencies are gained by the reduction of hours to purchase (order), stock, receive and take inventory.

If your company is looking to automate its inventory, here are some services and functions to guide your research:

Maximizing efficiency in your inventory process is just one of many ways that Procure-to-Pay automation systems can help improve your company’s bottom line and overall profit.

Contact or call 949-567-7000 today to find out how BirchStreet’s comprehensive Procure-to-Pay platform and its Inventory Control module can help optimize your business today.