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Inventory management
Inventory management deals with controlling stock levels in an effort to balance the need for product availability against the need for minimizing stock holding and handling costs. When it comes to managing your inventory, too much, too little, and lost product all effect your bottom line. Cardinal.com puts asset management tools at your fingertips allowing you to implement your inventory strategy and ensure you have the right product levels at all times.
- Min/Max Ordering – simplifies the process of maximizing inventory turns by replenishing inventory based on actual usage, providing better purchasing control and driving compliance
- 80/20 Product Movement Report – monitors top moving products and enables you to easily identify min/max items
- Suggested Order Quantity (SOQ) – calculates order quantities based upon item usage and ranking
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