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In the dynamic world of manufacturing, small to medium-sized businesses often find themselves struggling with the complexities of inventory management. Balancing stock levels, predicting demand, and ensuring efficient order fulfilment can be daunting. That's where M1 ERP comes in.
Make sure you have exactly the right materials available at the time customers want them to avoid over-ordering and ending up with costly SLOB stock.
By only ordering the materials your customers need, you’re able to free up cash to cover overheads and invest in other areas of the business.
Reduce the amount of time staff spend looking for materials and improve accuracy by linking works orders to bill of materials (BOM) – so inventory is tracked and automatically re-ordered.
View materials supply and demand on a single screen, drilling down the detail to anticipate customer needs and improve sales forecasting.
Eliminate inaccuracies and ensure stock is always available at the right time to foster customer loyalty and secure repeat business.
Understand seasonal price fluctuations, and you can order materials when they’re more competitively priced, passing the savings on to customers.