Here are the common use cases of the inventory module in ERP:
E-commerce Store Management: In today’s age of digital commerce, businesses can track and manage customer orders through integration with inventory and e-commerce solutions.
Inventory Replenishment: The Inventory Management module in ERP ensures the inventory level never drops below the safety stock requirements or the minimum threshold.
Customer Relationship Management: Stockouts can degrade customer experience. You can prevent it and nurture better customer relationships using ERP Inventory.
Collaborative Decision-making: The Inventory Management module in ERP provides deeper insights to get complete & accurate knowledge for informed decision-making.
Strategic Planning: ERP Inventory Management Software integrates with legacy tools such as accounting, e-commerce, and Point-of-Sale (PoS) to support strategic planning.