Inventory Management
Every 3PL service provider needs effective inventory management to meet customer demands while not incurring additional costs. A well-designed ERP system provides real-time insights into stock movements and inventory levels along with accurate demand forecasts. This way you can maintain optimum inventory, minimize excess inventory holding costs, and prevent unwanted stockout incidents. With synchronized inventory data available all across the supply chain, your stakeholders will have the latest and most accurate information to work with.