Manufacturing Inventory Management: 5 Benefits You Need To Know About Cloud Software

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Manufacturing businesses are faced with many challenges; the world is fast-paced and globalised more than ever. We see growth in consumer technology, and turbulent consumer purchasing behaviour. These factors together bring both opportunities and threats. It is now vital for manufacturing businesses to invest in automated solutions to hone in on these factors by taking advantage of cloud software.

What is cloud software?

Cloud computing services, such as cloud software, is a model for delivering information technology services in which resources are retrieved from the internet through web-based tools and applications rather than a direct connection to a server. This means you generally only need a computer or smartphone and internet connection to access the cloud software.

Better informed decision making

Typically manufacturing businesses are under constant pressure to increase manufacturing inventory management accuracy. Cloud software offers real-time supply chain information at hand to better inform your decision-making processes as a manufacturer. For example, some cloud software systems can be used to track warehouse inventory in real-time and then to communicate with your suppliers when inventory gets low at your command.

Improved manufacturing inventory management

Inventory is the lifeblood of manufacturing businesses. Cloud software enables you to share data with partners and suppliers allowing you to work together to keep track of your inventory levels at hand, and to never lose a sale again.

Automation

With cloud software systems, typically you do not need to back up your manufacturing system nor do you need to keep downloading updates. This is all done for you by your cloud software provider. Cloud backups enable your business to keep going with little or no errors. Let’s say all your computers were down, this would not affect your cloud software system, simply access it using your smartphone or tablet and log into your cloud-based manufacturing inventory management system and other systems to get the information you need. It’s piece of mind too, as with cloud-based back ups it means that your data is being stored off site. So if an unlikely disaster did occur your data is not compromised.

Improved customer service

Some features of cloud software include automating customer service, support and common order status enquiries online, while integrating these systems to distributed order management, pricing, and content management platforms. Manufacturing industries are at different degrees of adoption when it comes to automating self-service. Get the competitive advantage your manufacturing business deserves now. The cost and time advantages in next generation automation processes really are a must, whereby improving customer service and therefore brand perceptions.

Improve a manufacturing business’ bottom line

By using cloud software, we have seen manufacturing businesses streamline areas in their processes, which have a real flow on effect of freeing up more time to invest in other parts of their business. This enables them to sell more, impacting directly on their bottom line.

More about the author:

Melanie - Unleashed Software
Melanie

Article by Melanie Chan in collaboration with our team of Unleashed Software inventory and business specialists. Melanie has been writing about inventory management for the past three years. When not writing about inventory management, you can find her eating her way through Auckland.

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