Most companies sell their products out of retail stores. They have to stay up to date on supply to prevent a stock outage. Often times, the retail manager has to individually contact each supplier to check in about inventory.
Keeping track of all the information exchanged between them can be complicated. This can get tedious and challenging to remember all the correct details for each supplier and their products. This can lead to stock management challenges.
As a result, many companies are looking for a better way of reaching out to suppliers. They need to confirm product availability, and generally improve how they communicate. SimplyCast presents the idea of an automated inventory sourcing solution. This is a system that leverages digital engagement technology to help businesses track their recalls.
This solution is perfect for any company looking to boost their messaging system. It will help take advantage of what automation can bring to the table. It will also keep customers informed and improve information distribution lines.
Giving suppliers a simple way to check inventory and respond quickly benefits everyone in the situation. It helps avoid unnecessary time spent on communicating back and forth. With the simple click of a button, personalized messages can be exchanged.
These messages can be customized detailing what products are required and what products are available. Adopting this automated solution brings many benefits to a company. We are going to discuss a few specifics in this blog.
How the Digital Solution Can Benefit You
SimplyCast foresaw the need for a digital system capable of connecting companies and their suppliers. The Inventory Sourcing system can do just that, by making use of engagement technology, databases, and online messaging templates. We have identified a few key benefits of switching over to the digital solution, here is a brief rundown of each.
Centralized Database
At the beginning of the process the company will create a database where all of the supplier information is stored. This is a centralized location that will keep any relevant details of communication stored for further use.
Suppliers that have previously done business with a company can have their information imported into the database to save time. New suppliers just have to fill out a short form. This centralization helps with maintaining supply lines and ensuring that products or services are available.
Message Templates
Creating a general recall message to send out quickly when products are needed is another perk of the digital solution. To stay prepared, a message template will save the key information for suppliers to receive, and the personal details will be pulled from the database profiles and automatically filled in.
Limit Responses
To ensure there isn’t excess products being sent in, once the predetermined amount of stock has been confirmed, all other suppliers will receive a message updating them on the situation. The company will only receive the number of inventory that they need, and won’t have to worry about canceling orders or not receiving enough.
Enhanced Sales
By allowing customers to sign up for updates when inventory issues have been resolved you learn what those customers are interested in. This allows you to leverage customer profiles in order to target ideal customers and improve your marketing strategy.
It also helps build an ideal customer base and improves your customer experience. This in turn generates brand loyalty. All of this is possible just by developing an inventory management solution.
Why SimplyCast?
The SimplyCast platform is a no-code platform that allows anyone to build and edit their solution. As a result, this solution is fully customizable. It can be tweaked or altered to meet the exact needs of every organization.
We have you covered when it comes to scaling and security. SimplyCast is an ISO 27001:2013-certified company with data centers in the USA and Canada. This means we can assure you that your confidential data is safe on our secure server. The messages you transmit are completely encrypted.
Our platform has the capacity to send 100,000+ messages every hour and allows 10,000+ concurrent sessions. We can also acquire additional gateways and servers if you need them.
Most importantly, we have a 99.5% minimum uptime. With our solution, you can have feel more confident of your messaging.
Interested?
Don’t wait! Our experts are ready to give you a one-on-one demo to explain how this solution works. Let them know you’re looking at OUC083, Inventory Sourcing when your demo begins.
Request a demo by clicking the button below. Let us show you how our solution can help launch emergency plans with a single click.
