The power of automation: Before and after
We hear a lot about the benefits that automation can…
Switching to a high-performing stock management tool is critical to the smooth running of any business. Orderwise’s flexible, scalable stock control systems can help improve stock cover and minimise stock losses. Enabling you to deliver more accurate reporting and be rewarded with improved stock performance.
With an OrderWise Stock Control System, achieve complete, end-to-end stock visibility in real-time, so you are always up-to-date with the latest developments. Easily incorporate vital industry compliance into your workflow, and speed up your pick, pack and ship processes with heightened accuracy.
OrderWise Stock Management enables you to streamline daily stock operations with a scalable solution that allows sustainable business growth and evolution. Harvesting data from your sales and operations, get accurate business insights and simplify your finance operations, maintaining optimised purchasing and selling quantities year-on-year.
Whether you need a system to manage your entire operation or to help with certain elements of your stock control, OrderWise software for stock management brings your operations back in order.
Understand more about how our stock control system can help SME’s and large Enterprises just like yours.
Track, trace and verify from start to finish
From goods in to despatch, have complete visibility of your entire stock in real-time. Work cohesively throughout multiple site locations and automatically capturing detailed component specifics.
Monitor your supply chain movements and know in advance when goods are scheduled for receipt. See a full breakdown of your stock allocations, and, in the warehouse, locate and process stock quickly.
Maintaining all your compliance requirements
Stock control is hardly complete without ensuring businesses can provide items to their customers safely and within regulatory standards. Maintain a compliant inventory with software features like full serial and batch number traceability, stock discrepancy flagging, and the logging of specific variations against each item.
With measures automatically implemented within your team’s workflow, you can enable compliance for stock, storage and handling without slowing your processes down. OrderWise includes a variety of modules for industry-specific compliance standards. Select your industry to find out more.
Make the most of your inventory with accurate figures
Gain trust in your figures through every part of your operations. With a full record of real-time stock data running throughout your business, remove the need for guesswork. Give your teams the information to help make decisions on everything from online channels and marketing campaigns, to purchasing, valuations and finances.
Getting the right stock levels at the right time, you can look ahead with forecasted spending and, above all, reduce unnecessary costs. Benefit from an accessible and accurate stock control system that prevents overselling and understocking, and adjust your actions in advance for seasonal changes and sales peaks.
Your day-to-day stock tasks functioning smoothly
On the ground, whether working within a single warehouse or across the whole organisation, complete tasks such as stock transfers or adjustments quickly, and easily tick off those dreaded annual stock takes without holdups.
Perform your daily stock operations without errors and delays, as every task from fulfilment and picking, to maximising sales gains greater accuracy and productivity. You can increase your throughput without growing your costs, and allow your company to expand its reach successfully.
Stock control itself is achieved by combining all the practices you need to effectively manage your inventory. Solving workplace dilemmas can be made easy for businesses of all sizes by managing your stock in the right way.
From organising orders, raw materials and storing products, to tracking and crunching numbers from receipt to despatch, the right stock control software can draw all of your specific stock management tasks together into one system. Users can gain a clearer picture of their stock operations and complete management tasks more accurately and efficiently.
In all, jobs are made easier across the warehouse and the office, producing proper results, day in, day out.
With 30 years of experience in providing software solutions to businesses like yours and over 200 experts working from our purpose-built head office, you can be confident when dealing with OrderWise that our stock control systems, experience and expertise will directly benefit your business.
That’s why over 1000 customers trust and stay with OrderWise, with over 150 more joining us each year. Our stock systems are voted in the top 10 of stock control solutions in the UK so don’t just take our word for it. Our independent reviews back up our exceptional service and innovative technology.
On the stock control side, obviously we have a lot of different ranges and products. By having everything in one place, it makes things easier as you know a product is going to be in that place, in that amount. It’s also easier for the staff putting on the orders, they can check to see how much is in stock, whether it is in stock at all, and then we can just run the OrderWise To Purchase Report to pick up what we need to buy and what we don’t.
OrderWise has improved the management of stock levels and contract production to ensure maximum possible shelf life is maintained. Many of our contract products have a 12 month shelf life and require a minimum of 11 months at the time of receipt by the customer. Batch traceability means we can control this and also enables any product falling below 6 months to be provided to customers with a fast turnover thus minimising wastage.
We’ve got much better visibility of stock now and because OrderWise is an automated system we know exactly where an order is on its journey, so that’s really helpful if customers call up to check on the progress of their order. It’s also meant better service for our customers because they now get regular updates on when their parcels have been despatched via OrderWise.
Fulfilling customer requirements accurately, efficiently and on time is high on the list of priorities for every business, with stock control at the very heart of how effectively it’s achieved. OrderWise Stock Control provides complete end-to-end stock management for your business.
Stock systems are a vital tool when it comes to the coherence and coordination of your business operations. With the right stock systems, you can ensure the optimal balance between low error rates and high-speed fulfilment. To make sure your stock system is up to this task, check that you have the following five key elements.
Knowledge is power. The more you can know about every stage of your business’s processes, the better you can co-ordinate and control what is happening. Make sure your stock system allows for complete end-to-end visibility at every stage of your processes.
From purchase right the way through to final dispatch, you need a stock system that can keep up to date with your business’s operations in real-time. This means that every decision you make will be informed by the most up-to-date vision of what is happening. Exactly the kind of feature that is essential for a competitive edge in the current landscape.
Your stock system needs to be able to process information coming in from every platform you operate on. Your Etsy page. Your Amazon storefront. Your eBay shop. Your own independent online presence. Whatever way you present your products as available to the outside world, the software that your stock system uses needs to be able to process this.
Without the ability to operate across different platforms, you may end up with contradictory information in different fields, resulting in a confusing and unprofessional outlook. If one sales avenue declares an item as out of stock, while another declares complete availability, you could end up with a situation where you have customers unable to purchase items sat waiting in your warehouse. Be sure your stock system can handle multiple platforms at once.
Strict industry standards are serious business across a wide range of sectors. Make sure your stock system has the complete capacity to keep up to date with every last regulatory requirement and legal stipulation. Things like batch identifiers, expiry dates, serial number registries, stock discrepancy flagging, shelf life lengths, and full variant logging.
Your stock system must be ready to record everything, and fully able to provide total tracking. From pharmaceuticals to food and protective apparatus to professional apparel, industry-grade health and safety regulations require strict monitoring of every last item. You need to be sure you have selected a stock system that is up to the task.
Alerts and warnings from your stock system can convey vital information. Is a specific supplier being too slow with a vital component? Is one warehouse running low on an item that is in high demand? Is a particular product selling out faster this year than last year? This type of information can be essential, but not every business will need exactly the same details in identical styles. After all, no two businesses are the same, and no one stock system will fix every companies’ issues.
You must ensure your stock system has integrated alerts that can be adjusted. Your business must be both aware of and prepared for, every important eventuality. Too few alerts, and you could be caught unprepared. Too many, and you will be unable to separate the signal from the noise. Make sure your stock system has the kind of adjustable alerts you need to keep your business on its toes.
The best stock systems can speak the same language as your despatch division. You can have all the advantages of end-to-end visibility, multi-platform integration, fully adjustable alerts, and industry-standard compliance, but if you can’t get your product out of the warehouse quickly, it won’t matter.
You need a stock system that can connect effectively with your despatch and courier systems. This removes tiresome and time-consuming rekeying as an issue, making everything much faster. With the right despatch connections, your stock system can ensure every last item gets into your client’s hands in the shortest possible time.
Stock management is the collective term for the systems, processes, and procedures that let your business stay informed and active regarding your stock. This includes both the stock you have physical access to, how many individual items you have, which specific variants are available, where on your premises they are being kept, as well as stock that is on order, the dates it is due to come in, and the spaces in your facilities set aside for their arrival. Stock management is the systems you have in place to both keep all that information organised, and the processes to take action when that information tells you something important about your overall stock situation.
Stock management is improved with more information, more automation, and more speed. More information means additional details about every stage of your stock’s journey. From your supplier’s premises, to their courier, to your warehouse, your racking, your pickers, and finally your customer’s doorstep. It also means more information about the stock itself, such as serial numbers to expiry dates, variant colours, and more. More automation means more alerts. Tailored messages that are triggered to send to you in specific circumstances that you need to be aware of. More speed means that all these things can happen faster. All this information and automation needs to be delivered in an easy-to-understand and easy-to-control fashion. This allows your business to act faster, respond quicker, and take advantage of new situations ahead of the competition.
High-quality stock management is vital for any business. At the most basic level, it can be the difference between retaining a satisfied customer/client or losing one who becomes disillusioned when a promised item turns out to be delayed or unavailable. The better your stock management, the less likely the latter scenario becomes. The more advanced reasoning is that good stock management gives you the information you need to understand your business’s current situation. This empowers better decisions, faster responses to change, and more advantageous manoeuvring. If you can manage your stock well, you can satisfy your customers faster, stay abreast of market shifts, and respond with more agility. Good stock management makes you more able to do more business.
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