Effective inventory management requires from companies the accurately tracking stocks in physical counts and accounting records. This is the basis for maintaining inventory at the optimal level for better meeting the demand.
Inventory management plays a critical role in the business success of any company. Therefore, business owners are looking for different ways of reducing their inventory level, improving raw material flow and increasing efficiencies through improving inventory management processes. With the purpose of improving merchandise quality, businesses need to provide tight management and traceability of their inventory. The management effectiveness is usually measured by a company's success in reducing its inventory investments, meeting customer service goals, cost containment, and achieving maximum profits.
Prism Visual Software, Inc. provides the inventory management solution that enables global inventory management throughout the company’s enterprise. Our approach enables reducing the inventory amount including work-in-process (WIP), improving the cycle time and inventory accuracy, increasing the company's productivity, reducing errors, simplifying reporting, supporting manufacturing initiatives, and providing full inventory control.