Current inventory management challenges faced by automotive industry: How GOIS can help eliminate them?

Supply chain management is a key aspect of any business, and automotive industry is not an exception. Along with automotive manufacturing companies, many other subsidiary enterprises, such as automotive repairing, reconditioning and spare parts manufacturers, wholesalers and retailers have been flourishing in the USA. For either type, Inventory management is the heart to their entire business process. Here is a little description of a few key challenges that these automotive enterprises face during their daily… Read More

How does GOIS help you enhance Trading Business ROI?

In a trading business, purchases and sales are almost continuous business activities. To keep your accounting system updated with the demand and supply status is not only essential but also a tedious task. You have to remain vigilant about the market trend and keep the stocks full to meet the market. This is particularly significant for volatile markets. No matter what the commodities you base for your trading business, they are always dependent on the… Read More

Mistakes in Inventory Management may cause dent in growth of E-commerce Business

Think of a customer who placed an order with you, got confirmation and is eagerly waiting for his purchase to arrive but instead got an email several days later that the item isn’t available. Not only you missed your sale, but also your reputation and brand name is necessary to take a hit. And what if he was among your regular customers? A little mistake in inventory management can ruin your customer’s experience, rob you… Read More

Encountering Problems in managing Trading business? Need effective Inventory management system?

No matter what type of products you trade, inventory management is always a critical part of any supply chain management system. In trading industry, because of ever fluctuating nature of demand situations, the products are usually kept in the warehouses. A trading company needs to deal with different kind of inventories. The companies function by buying special range of products, maintaining a stock and then delivering products to the customers. These companies may vary from… Read More