Inventory Management
Outsourced inventory management involves outsourcing critical tasks like warehousing, stock control, order fulfillment and helps in value allocation.
This strategic approach enables companies to adapt quickly to demand changes, optimize inventory levels, and enhance operational efficiency. Customized solutions provide improved visibility and control over inventory, empowering businesses to meet customer demands effectively.
![](https://globusfinanza.com/wp-content/uploads/2024/07/deliveryman-checking-list-with-green-pencil-min-768x576.png)
Boost Efficiency & Cut Costs with Outsourced Inventory Management
Warehousing and Storage
Efficiently organize and manage physical inventory storage to optimize space utilization and enhance overall inventory control within an outsourcing framework for accounting and finance.
Stock Control
Implement systems for real-time monitoring of stock levels, movement tracking, and prevention of overstock or stockouts, contributing to financial efficiency in outsourced accounting and finance.
Order Fulfillment
Streamline order processing and fulfillment, ensuring accurate and timely deliveries while minimizing shipping costs within an outsourced accounting and finance framework.
Shipping & Logistics
Coordinate shipping operations, negotiate with carriers, and optimize logistics to reduce transportation costs, enhancing supply chain efficiency in outsourced accounting and finance services.
Inventory Valuation
Enhance financial precision with our expert Inventory Valuation Service. Streamline operations, minimize risks, and boost profitability. Trust us for accurate assessments that empower smarter business decisions and drive success.
Analysis & Reporting
Elevate your business with our precise Analysis & Reporting for inventory valuation. Gain insights, optimize stock performance, and make informed decisions for sustained growth and profitability. Trust our comprehensive solutions for impactful results.
Benefits of using our Periodic Closing & Reporting Services
![](https://globusfinanza.com/wp-content/uploads/2024/07/Globus-benefits-1.jpg)
Efficient inventory management leads to optimized stock levels, reducing holding costs associated with warehouse storage, insurance, and other expenses. This directly contributes to improved financial efficiency and profitability.
Inventory management services help in monitoring product lifecycles and demand patterns, reducing the risk of holding obsolete stock. This minimizes write-offs and ensures a healthier financial position for the business.
Implementing quality checks and inspections ensures inventory meets set standards, minimizing the risk of defects and customer dissatisfaction, thereby enhancing product reliability and customer satisfaction.
Outsourced inventory management enhances supply chain resilience by implementing security measures throughout the supply chain. This helps protect against disruptions, ensuring continuous operations and safeguarding financial stability.
Softwares we Use
![zoho inventory](https://globusfinanza.com/wp-content/uploads/2024/07/zoho-inventory-300x83.png)
![katana software](https://globusfinanza.com/wp-content/uploads/2024/07/katana-software-1-300x256.webp)
![Oracle Netsuite](https://globusfinanza.com/wp-content/uploads/2024/07/Oracle-Netsuite-3-300x300.png)
![ordoro](https://globusfinanza.com/wp-content/uploads/2024/07/ordoro-1-300x48.png)
![Upserve logo (PRNewsfoto/Upserve)](https://globusfinanza.com/wp-content/uploads/2024/07/Upserve_Logo-1-300x157.jpg)
![SOS Inventory](https://globusfinanza.com/wp-content/uploads/2024/07/SOS-Inventory-300x183.png)
Frequently Asked Questions
We follow this process flow of inventory in the Manufacturing business:
- The issue of the purchase order
- Receipt of material
- Preparation of job card and BOM by the production department
- Submission of stock requisition by the production department to the store department
- The issue of material by store department
- Production of finished goods
- Quality testing
- Sale of goods
No, we don’t provide physical stock count service. We can help you set up the system for robust inventory management solutions by integrating financial accounting, cost accounting, and inventory accounting.
Yes, our team is well-versed in e-commerce inventory management. Our team can help you choose the best e-commerce inventory management software considering the user interface, integration with your accounting & other software, and pricing of the software.
We use various restaurant inventory management software depending on the requirements of the clients and integration with POS systems such as Posist, Restaurant 365, Marketman, Oracle NetSuite, UPserve, etc.