How to avoid missing out on long Delivery items

Availability of materials is becoming an increasingly daunting challenge. Gone are the days when you could rely on "order today, delivered tomorrow." Many businesses are now experiencing frequent stockouts and backorders, resulting in projects coming to a halt. This frustrating problem calls for a change. In this article, we will discuss the causes and, perhaps more importantly, the solution to difficulties with the availability of inventory items.

DELIVERY (UN)CERTAINTY

The arrival of a pandemic has swiftly changed the landscape of timely delivery for inventory items, which was once a reliable expectation just a few years ago. Entire industries came to a standstill, and the effects are still being felt today. In this same period, there was an unexpected surge in demand for materials, causing a complete imbalance between supply and demand.

However, contrary to expectations that the situation would improve with the lifting of all restrictions, the reality is far from it. Many organizations that order their materials from wholesalers are still facing long delivery times. Rising costs and issues with production, delivery, and transportation are contributing factors. Additionally, the war in Ukraine is also impacting various processes in the Supply Chain.

FROM JUST-IN-TIME TO JUST-IN-CASE: A SHIFT IN PROCUREMENT STRATEGIES

Challenging times call for a different approach. We are witnessing a clear shift in the way materials are ordered, from just-in-time to just-in-case. In other words, instead of ordering items when they are needed, they are now being held in stock more frequently. There is a growing demand for maintaining local inventories to prevent projects from coming to a halt.

ALWAYS AVAILABLE: THE POWER OF INVENTORY MANAGEMENT

Maintaining local inventory is part of the solution to the availability problem. However, this approach also presents challenges. You want to have enough items in stock, but holding too much inventory can be costly. Additionally, it's important to consider how to maintain warehouse organization in the long term.

Efficient management of your inventory is essential when it comes to overcoming these challenges. It guarantees a smooth flow of items in and out of your warehouse. With the innovative BarTrack platform, you gain access to real-time visibility of your inventory and its statistics. Keep a close eye on the turnover rate of your items, allowing you to proactively place new orders and avoid any dead stock situations. What's more, the platform offers a user-friendly interface for ordering new items from your preferred wholesalers, whether you're using your PC, the app, or a handheld scanner.

Take advantage of the platform's feature that allows you to print order stickers for all your inventory items. These stickers are invaluable in maintaining an organized warehouse, as they indicate the precise location of each item and its standard order quantity. Placing an order is as simple as scanning the barcode on the sticker.

Never find yourself in a stock shortage again! Sign up for a free account and start effortlessly managing your inventory in just four easy steps.

Efficient inventory management is crucial for seamless flow of items in and out of your warehouse. The online BarTrack platform provides you with constant visibility of your inventory and its statistics. By monitoring the turnover rate of items, you can timely place new orders and avoid having dead stock. Moreover, the platform makes it easy to order new items from your preferred wholesalers, whether it's through your PC, the app, or a handheld scanner.

On the platform, you have the ability to print order stickers for all your inventory items, ensuring warehouse organization. These stickers indicate the precise location of each item in the warehouse and its standard order quantity. Simply scan the barcode on the sticker to place an order instantly.

Never run out of stock again! Create a free account and start effortlessly managing your inventory in just four easy steps.

NEVER GO WITHOUT AGAIN?

You got it! Never go without again! Create a free account today. In just four simple steps, you can take control of managing your inventory.