STOCK AND INVENTORY MANAGEMENT Mythical Phoenix Pvt.Ltd. Inventory management software is designed to aid businesses to keep track of inventory levels, sales, orders, and deliverables. It is very much important to maintain the right amount of stock with the right levels, in right place, at right time, and at the right price. VeenaPro inventory management system helps you manage your inventory in an easy and effective way. Inventory or material management is a very important and complex task for the manufacturing industry. When you don’t have a clear idea about how much inventory you have to maintain for your manufacturing unit, you can’t make the right amount of production and take smart reorder decisions.
As inventory is crucial and it needs proper management before delivering the result, it needs to be managed properly. Best manufacturing ERP software solutions in Bhubaneswar by Mythical Phoenix will deliver your anticipated result for the manufacturing industry.
Why inventory management software is important?
.)When companies grow, different variety of quantities of the inventory grows gradually and it needs to be managed properly. Almost 50% of the capital of the manufacturing companies is in inventory. If it won't get proper management, almost 50% of capital will be at risk. .)The major cost component of different products has entirely shifted to the materials. .)There is a link between effective inventory management and cash flow has recognized.
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