Solutions Fulfillment
May 17th, 2022

Top 7 Ways Brands Lose Money With Inventory Stock Issues and How to Mitigate Them

Inventory stock issues can take a significant toll on brand budgets. A range of challenges can cost businesses valuable time and money, from inconsistent tracking to problem stock. Fortunately, you can take proactive measures to help protect your brand and mitigate money loss risks. Knowing what can cause money loss — and how to prevent it — enables you to equip your business to be consistently more profitable.

Keep reading to probe into some of the top causes of money loss from inventory stock issues and what you can do about it.

Why Brands Lose Money With Inventory Stock Issues

Brands can lose money from several different inventory stock issues so it’s important to know what to watch for when managing inventory.

1. Warehouse Inefficiency

A warehouse management system with inefficiently managed space or workflow can be costly. The multi-faceted processes of receiving, picking, packing, and shipping need optimized management to cut down on costs.

2. Fluctuating Demand

As consumer demands continually change, companies have to be able to adjust and forecast upcoming shifts and trends quickly.

3. Limited Visibility

If you have trouble locating or processing your inventory, you can lose significant time and money attempting to track down items.

4. Overstocking

Having more stock than necessary in storage can disrupt business cash flow and potentially cause a loss in the long term. You want to balance supply and demand based on accurate data.

5. Inventory Loss

If inconsistent management and documentation processes lead to inventory loss, you could also be losing significant funds. Accurate and up-to-date product tracking is essential to staying on top of your inventory.

6. Inadequate Order Management

Staying ahead of current trends and historical data is vital to avoid overselling products and getting behind on inventory shipments.

7. Inadequate Software

You need to have user-friendly, efficient software that can handle the complexities of inventory management for you. Without an effective management system, you may struggle with maintaining data quality and tracking stock.

How Verte Can Stop Stock Issues and Save Brands Money

At Verte, we’re committed to optimizing your stock management needs and helping save you money. Verte gives you more control over your entire supply chain with order management software and robotic and automated processing systems. 

Tracking incoming supplies and stock in storage equips you to manage your operating requirements and workflow more accurately. Our system’s in-depth data can help you identify potential issues and proactively address them. 

With our innovative technology, you can stay ahead of management and get optimal visibility across your supply chain. The cloud-based inventory management system lets you automate critical processes, maximize efficiency and accuracy, and manage your fulfillment workflow from one intuitive platform.

Verte can help you prevent inventory stock issues

Verte Can Help You Prevent Inventory Stock Issues

When you want to help protect your business from money loss, Verte can offer the inventory stock solutions you need. We also provide in-house custom integrations and solutions, so you get the best fit for your unique needs.

With Verte, you can access a flexible and smart system that integrates seamlessly with your existing systems. If you want to explore how we can support your operations, get in touch with us today.

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The Verte Team

Written by The Verte Team

We simplify the supply chain by increasing visibility for the entire product journey. Utilizing an AI powered management platform, we connect the dots between your sales channels, warehouses, 3PLs, shipping partners, and more. Whether you need inventory, order, or warehouse management technology, Verte will partner with your business so you may deliver a seamless customer experience using innovative technology and a superior supply chain network. With the Verte Unified Commerce Platform, your business will have the speed, flexibility, and intelligence to optimize your entire supply chain, increase profitability, and enhance customer satisfaction.