Client Pain Areas
Common Inventory Management Challenges
Shelf Availability
Major problem where the stock stays in stock room.
Shrinkages
Multiple factors including administrative errors, cashier mistakes, transit damages, and vendor fraud.
- Administrative errors and warehouse discrepancies
- Cashier or price-check errors
- Damages in transit or store
- Paperwork errors
- Perishable goods expiration
- Vendor fraud
Thefts
Thefts at the store leading to inventory losses.
Excess Inventory
Having more units than needed, leading to tied-up capital.
Stock Outs
Not aware of the products which are out of stock.