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Showing posts from November, 2020

Inventory Management Services at Advatix

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Advatix is one of the best Logistics Service Providers in the nation. At Advatix we transform business operations to improve labor utilization, fulfillment throughput, help the companies to meet the customer demand, deliver the products to end customers at the right time, manage inventories through advanced systems etc. We provide advanced technology solutions to help companies excel in the field of business. We develop realistic implementation-oriented solutions to the efficient and effective management of the processes. With the advanced system, we ensure that the companies have the right inventories at the right place and at the right time. Our executive team of experts supplies chain designs to optimize the supply chain and deliver the right products to the end customers in time. We apply unique techniques to improve supply chain and logistics, provide metrics to companies through which our performance can be evaluated, and also know how the customers are being served. We de

Technologically powered Supply chain services at Advatix

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Advatix is one of the most reliable and renewed Inventory Planning and Management companies of the nation. At Advatix we offer technologically powered services that can turn your business into the leading businesses of the market. Our team of experts will examine how your organization can utilize the technology in a beneficial way and then develop the best practices for you. These can provide an optimal customer experience at the best cost. We will also establish accurate performance metrics around information technology to know how it impacts the business. Our top notch technical team stationed globally will ensure your business needs are met at the right cost. We believe that integrating technology in the business can channelize the business operations in the right way and take your business to the next level. We will help you digitize your business processes especially the Retail Supply Chain . Our supply chain experts will develop sophisticated platforms that plan the deliveries a

Advatix: Your Supply Chain Expert

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Advatix is one of the leading Supply Chain Management Companies offering the best services at the right price. We, at Advatix, help different companies to overcome supply chain obstacles. We provide customized supply chain designs that are specific to the companies’ goals, challenges, and opportunities. We design, develop, and implement result-oriented solutions to ensure efficiency, measurable improvement, and significant cost reduction. Our customized models help the colonies to fix the supply chain problems and find opportunities to grow in the market. Along with supply chain management solutions, we offer inventory management services to the companies. We have multiple warehouses spread across the globe. Our experts take to assist you with Inventory Planning and Management . Our warehouses are equipped with modern technological tools and systems. With advanced systems like warehouse management system, inventory management system, we provide the best technological solutions.

Custom-made or off-the – shelf warehouse management system for your organization

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A  warehouse management system  or WMS is a software program that helps warehouse managers manage their inventory. From manual systems to semi-automated systems to automate the entire workflow in the warehouse, the WMS has undergone tremendous changes from the past. Today the warehouse is managed using new-age technology where different aspects of advancements in the field are applied for optimizing the process and closing loopholes. The  warehouse management system   includes  inventory planning and management   primarily along with reporting features. The importance of being able to manage the inventory smoothly is critical, be it manufacturing units, or retailers. It is not just enough to manage the inventory, there needs to be strategic planning that should be part of the system.   Features of the inventory management module include:   - Detailed tracking of inventory movement, in and out - Allocation of inventory; - Schedule movement of inventory - Labeling, packin

Omni Channel Solutions and services at Advatix

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Advatix is a leading advanced supply chain and logistics provider of the nation. At Advatix, we offer unique and customized Omni Channel Solutions , to help businesses excel and grow into leading businesses. We provide help in maintaining the inventory levels, and in managing the customer needs.   Our team of experts develops an efficient omnichannel strategy that can expedite the movement of goods in a cost-effective manner. Our unique strategies help our clients to deliver a seamless omnichannel experience to their customers. We develop implementation-oriented designs, that help in enhancing the customer experience by meeting the customer demands, increasing the fulfill rates at a reduced cost. We believe that an Omni channel supply chain network can easily bridge the gap between brick and mortar stores and online stores. It helps create a smooth transition from one channel to another for the customers. Our leadership along with extensive experience with giant businesses like

How To Keep a Track on Inventory?

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Every business needs to keep an eye on its inventory to take business decisions. This task can be made easier and quicker by using a cutting -edge inventory tracking system . Some techniques that help in managing inventory are- Forecasting Finetuning It is important to forecast demands as accurately as possible. The projected sales calculations must be carried out while considering historical sales figure, predicted growth, market trends, promotions, marketing efforts and more. FIFO Approach FIFO approach means first in and first out. It means that the goods manufactured first must be sold first, that is, in a chronological order. This is especially important in case of perishable products like makeup, flowers, food, etc. Even nonperishable items get damaged if they keep sitting on the shelf for a long time. Check low-turn stock It is important for the inventory managers to spot or identify stock that has not been sold for the last 6-12 months. In such a case, it is prudent

Benefits of an inventory tracking system

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An out-of-stock situation is an embarrassment to brands – a common business mistake that many companies choose to ignore. However, what they do not realize is that by not focussing on this aspect – which according to them is a minor operational issue – they risk losing out on their loyal customers, as well as potential buyers to their competition. On the other hand, companies cannot risk and invest in maintaining more than the required inventory at all times, because it is their money that is at risk here. So, what is the balanced way out so that the inventory level is neither an embarrassment nor cause a dent into the operational costs? It is the use of a relevant  inventory tracking system  that helps manage the stocks appropriately.      Such a system offers ·          A visual display of the inventory in real-time in a centralized manner. This helps decision-makers as well as the logistic chain to serve customers and their production units optimally. ·          Genera