WHAT IS 360IMS?
360IMS is a full-circle Inventory Management Solution, that consists of seven key modules.
These modules allow companies to manage and monitor their stock by:
- Optimizing operational processes
- Tracking inventory
- Having oversight of the inflow and outflow of raw materials and end products
- Managing their vehicle delivery and pickup schedule
- Balancing supply and demand
- Providing real-time Inventory Management Reports
How do clients make a sales request using 360IMS?
There are multiple ways the client can raise a sales order. They can send an email or text, call in the order, or complete a form, indicating their specific requirements.
The Sales Department raises a sales order (SO). A sales order is the document generated by Sales Department (seller) upon receiving the client’s (buyer’s) request. A sales order can be for both products and or services.
360IMS ensures that the Sales Department has oversight of stock availability, without waiting for a detailed report for Warehouse Department. Thus, a client has less wait time for the requested product and a better overall experience.
Benefits of 360IMS
- Mitigate against over-selling – Simplifies the verification process for stock quantity before placing a sales order. The availability of products can be confirmed using 360IMS
- Avoidance of stock-outs and excess stock – Thresholds can be created to alert employees when raw materials should be ordered. This will ensure there is always enough raw material for the production team.
- Transparency – 24/7 trackability and auditability
- Cost Savings – The ability to make more profitable business decisions ensuring greater cost savings
- Vehicle Management – The ability to schedule, monitor, and manage the distribution and collection of products
Next week, we break down the seven (7) modules of 360IMS. Sign up for our FREE LIVE DEMO of 360IMS on September 30th at 2 pm- https://forms.gle/2b8nxX6eHkvNBfqv9
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