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Operating system: Windows, Android, macOS
Group of programs: Business automation

Software USU

Inventory management analysis

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  Who is the developer?

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Inventory management analysis is an essential part of any company. The main profitability largely depends on the procurement strategy built by management. It does not matter what size the production is, but the larger the organization, the better and reliable the supply system should be.

The manager must make decisions that will reflect the overall elaboration of activities in order to regulate the entire production cycle. Those decisions that are connected with the management of production inventories play the most important role. In a general sense, supplies such as raw materials and other stocks form the foundation of any production.

Who is the developer?

The state and norms of the use of volumes are a significant part of the working capital. Rapidly developing conditions of market relations determine the rate of growth and evolution of the organization, as well as the speed and property of resource use. Such negative points as inflation force management to make operative decisions to optimize production at various stages, from distribution and storage in warehouses to shipping and sale to the end consumer. An organization's cost management is primarily aimed at creating the most optimal and economically justified volume of materials required for smooth operations. To accomplish this task, an analysis of the effectiveness of inventory management of the enterprise is carried out. The purpose of such analytics is to form a system that will allow management or the auditor to assess various factors that affect the efficiency of the company's resource allocation. These include storage costs, volumes, turnover, and other indicators. Generally, evaluation of efficiency should be due to changes in indicators such as acceleration or deceleration of working capital through indicators of storage costs. Also, this process will help to determine profitability by assessing the rate of capital turnover and the return of funds invested in raw materials and final materials back to the fund. Disruption to the supply chain can be a trigger for a complete shutdown. Too many resources lead to additional storage costs, which are not economically viable. The disadvantage can lead to a complete stop of production.

That is why it is so important to systematize and structure everything stored in the inventory in such a way that the principles of supply correspond to the needs of the current financial situation. The principles of storage should be understood as a set of rules and methods of regulation, with the help of which complete and reliable control is carried out, as well as obtaining important relevant information. In other words, the analysis of inventory management in an enterprise is designed to optimize the cost part to increase efficiency. The necessity and importance of this topic are that the quality of the use of resources, as the most voluminous part of the company's working capital, is one of the main conditions for the implementation of successful work in the market.

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Who is the translator?

The more stock locations you have got to manipulate, the harder it becomes to manage inventory and direct products to the proper customers. With the USU Software tool you may be ready to track the supply of all products and services, and so maintain customers promptly upon the standing of their orders.

Smart inventory management is the biggest progress of any modern business because it saves time and energy required to manage stocks manually. The USU Software allows controlling and making the analysis of stores and inventories in order to manage your business in the most effective way.

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Also you can order custom software development

If you have special software requirements, order custom development. Then you won’t have to adapt to the program, but the program will be adjusted to your business processes!

Inventory management analysis