Inventory management is sorely lacking in South African companies, keeping many of them from finding greater success. Companies are struggling to figure out how to deal with this problem.
In the article “Supply infrastructure still holding back South Africa,” it says out of 300 South African business leaders, 72 percent think they don’t have enough qualified workers in inventory management, and 52 percent think their company doesn’t have the ability to effectively manage their supply chains.
The solution to this problem is actually quite simple. Companies should use inventory management software to handle their supply chain management needs. This solves both of their problems: the lack of inventory management tools and training.
Inventory Management Tools
To be successful, companies need to know how much inventory they have in stock and how much they need to order. Inventory management software gives them the tools to keep their records up to date and have the right amount of inventory on hand. With barcode readers, printers and software, they can ship, order and receive products efficiently.
Inventory Management Training
Inventory management software providers should provide detailed training resources, such as user manuals, training videos and even wikis to make sure users can learn the software. If you choose inventory management software that can grow with your business, you only have to learn the software once. Then you can add more features as you need them without having to replace your system and learn a whole new one every few years.
Another benefit of using inventory management software is when employees leave, you can quickly train new ones on the software. You don’t have to worry as much about downtime or being dependent on a small number of employees who specialize in inventory management.
Inventory management doesn’t have to be an impossible task. Inventory management software is the right solution for every business, whether they’re in an emerging and developed economy. It offers the right tools and training to help you take the next step and keep growing stronger. Get an online inventory software demo to see how much it can help you.
That doesn’t surprise me all that much. That is good news for S.A. firms though, because once they start learning how to use inventory software, profits will surely start to soar!
i have a compoany in South Africa and we are currently using QuickBooks. I contacted quickbooks SA to find out about warehousing and barconding system as you explained above and they are clueless regarding any of the information mentioned in this article. they don’t even know that fishbowl exists. infact they refered me to someone that implied that i would have to get something developed for my specific needs and that it could cost upto R100 000.00 to develope and implement and that it is most likely that i would have to trade in quickbooks for something better.