What Is Supply Chain Management?
Supply chain management is the process of obtaining parts and products from vendors and then getting them into the hands of customers. It takes a lot of work to handle all of the vehicles, workers, inventory, and finances involved in maintaining a supply chain, but it is absolutely necessary to keep your business running smoothly. Barcode scanners come in handy (no pun intended) when managing supply chains. Of course, the barcode scanners need to be connected to your computerized inventory management system, such as Fishbowl. When you scan a part or product’s barcode, you can instantly see detailed information about it, such as its quantity in stock, location in the warehouse, default vendor, and more. This information helps you reorder, receive, and conduct cycle counts faster and with greater accuracy than you could by hand. Fishbowl’s supply chain management features allow you to:
- Track shipments.
- Monitor vendor performance over time.
- Stay up to date with payment terms.
- Instantly update inventory records when products are ordered, received, sold, and shipped.
- Monitor inventory levels at multiple locations.