Stock control is an important issue for many different businesses (and manufacturers), regardless of their size. However, it is something that some small businesses can often overlook for a variety of reasons. The problem is that SMEs must be vigilant with their finances and outgoings in order to succeed. A lack of stock control can have a huge impact on this, so stock control systems are incredibly valuable to these companies.
Improve Worker Efficiency
Paper-based stock control systems may be a cost-effective way of keeping track of your stock, but they are certainly not time-effective. The old adage, ‘time is money’ is true for all businesses, whether large or small, so paper-based solutions may be wasting your money with each minute that is added to stock control processes.
Efficiency is particularly important for small businesses where there is a limited number of staff members. Their time is perhaps even more valuable than the time of workers in larger companies. Stock control systems can take a lot of the legwork out of the process, freeing up more time for your team and, ultimately, helping you to deliver results faster and more efficiently.
Tracking your assets is essential. Not only does it lead to improved efficiency, it also helps to ensure that you can deliver on your promises. While human error can cause frustrating problems in stock control, systems like those we provide can ensure that accuracy is improved, diminishing the impact that human error can have on the process and supply chain.
This is of particular importance to small businesses for a variety of reasons. Firstly, SMEs may not carry as large a volume of stock as bigger companies. This means that one item of stock being misplaced can cause much bigger problems for small businesses.
Build Your Reputation
By improving your processes with stock control systems, you can work towards building your reputation and your customer base.
A simple change in the way you handle stock control can have a dramatic chain reaction which ultimately leads to greater success. This can be achieved by increasing worker productivity, improving the efficiency of processes and equipping yourself to deliver on promises.
It is often true that small businesses rely on word of mouth and their reputations to grow their customer base in the early days. This is why it is so important to be equipped to deliver on your promises. If you have said that you are able to provide next day delivery, but your stock control is disorganised to the point that this delivery is delayed, this can have a negative impact on the way your customers view your business.
Stock control is essential for all businesses and manufacturers but can be a real issue for small businesses in particular. This is why stock control systems like the stock control software from GSM Barcoding can be so valuable to these companies. If you would like to discuss your requirements with a member of our team, please don’t hesitate to get in touch with us by calling 01833 637 647 for our northern office or 01582 869 000 for our southern office.
You can learn more about how our technology is shaping the warehouses of the future by downloading the full, free report below: