Why You're Never Too Small To Benefit From Inventory Management Automation

“My company is too small for inventory management software.” This is something we often hear from most small businesses. But how true is it? Are these solutions only good for large enterprises?

At Workhorse , we’re passionate about helping businesses automate their inventory and order management while staying in control of their operations. We believe companies big and small can benefit from inventory management automation — here are just a few ways it can help.

Why companies of all sizes can benefit from inventory management automation

Saves money

An efficient inventory management system helps you maintain the correct stock volume to balance customer demand and cash flow. It easily maps your warehouse space based on product category, expiry dates, and high-selling products — something that a solution like Excel just can’t do.

You can monitor your inventory in real-time while taking advantage of past data to make better decisions, forecast demand, and streamline your operations. This helps you avoid overstocking and minimise product spoilage, cutting down your overhead by up to 10% .

Automation also eliminates manual processes prone to costly errors and downtimes.

Saves time

In inventory management, many tasks and processes are manual, tedious, and repetitive.

With automation, tasks like order management, and demand forecasting can be automated, saving your team lots of time and letting them focus on other, vital areas of your business.

Inventory management automation can also consolidate processes to improve business efficiency, including checking stock levels and filling orders. This makes it easier to work on everything at once, giving you more time to spend on productive and revenue-generating tasks.

Reduces errors

Humans aren’t perfect, and we all make mistakes. Unfortunately, little mistakes in manual inventory management can turn into big problems.

Automated inventory management eliminates the potential for human error in most processes, minimising the likelihood of errors and ensuring accurate inventory counts.?

Automated systems also feature monitoring systems that can alert you if there’s anything wrong.?

Frees up your team (big or small) to focus on what really matters

Traditional inventory management can get disorganised. And without adequate monitoring, this can impact productivity, resulting in product shortages, poor delivery times, or even overstocking.

Digital transformation in your warehouse automates your processes to eliminate manual and repetitive tasks, freeing up your workforce to focus on other important tasks like customer experience, marketing and sales, admin, order fulfilment, and growth strategies.

Plus, reduced human input lowers labour costs and improves workplace safety. Crowded warehouse spaces and extended work shifts increase the risk of injury, so automation can help keep your business and your team healthy and safe

Accelerate your business with inventory management automation

The modern business environment is dynamic, and inventory automation is a great way to stay current and competitive.

Whether you’re a business of one, have a small team, or have a warehouse full of dedicated workers, inventory management automation can help your business grow.?

That’s what we’re all about at Workhorse . We provide an innovative inventory management software solution that moves you beyond spreadsheets and provides actionable insights in real time. Our configurable platform can be tailored to include exactly what you need and nothing you don’t. And our unique approach to onboarding will help your team get up and running in no time at all.?

Reach out to our team today to learn more about Workhorse and get a demo.