Published at: 2025-10-30

Introduction to Inventory Management


1. What is Inventory Management

Inventory Management refers to the set of activities that plan, organize, coordinate, and control a company’s inventory to reduce costs, improve efficiency, and meet customer demands. Inventory Management plays a critical role in business operations. It affects production workflows and the smoothness of the supply chain and directly impacts costs and competitiveness. Effective Inventory Management ensures the supply of raw materials and components needed for production, prevents production interruptions caused by stockouts, and minimizes excess stock to lower Warehousing costs.

2. Common Pain Points in Corporate Inventory Management

2.1 Low Warehouse Space Utilization

Many companies face low Warehouse space utilization. Poor item placement on the warehouse floor wastes space. Inaccurate information or expired/obsolete items causes Inventory accumulation or slow-moving stock. These issues directly reduce Warehouse space efficiency.

2.2 Inconvenient Inventory Management and Tracking

Traditional warehouse operations rely heavily on manual work, requiring staff to spend significant time and effort on Inventory Management and tracking. Delayed data updates cause stale Inventory information, complicating management.

2.3 Complex Inbound and Outbound Processes

Cumbersome inbound and outbound processes are common. Many steps require manual involvement, making the entire put-away and picking/shipping workflow complex and inefficient. From goods inspection and data entry to shelving or dispatch, these tasks consume substantial time and labor.

2.4 High Logistics and Transportation Costs

Some companies lack refined and efficient logistics operations, leading to high transportation costs. This increases operating expenses and weakens competitiveness.

3. ShareCRM Inventory Management Solution

  • Integrates CRM customer relationship management with Inventory Management to create a closed loop connecting Accounts → Sales → Products. This reduces handoffs and simplifies the sales process.
  • Provides omnichannel digital management that connects manufacturers/brands, Distributors, and Terminals, enabling information sharing and business flow among brands, Distributors, and Stores.
  • Delivers a simple, user-friendly system designed for mobile-first user habits.
  • For manufacturers/brands, we recommend integrating with an ERP solution.
  • For Distributors, we recommend full closed-loop management within ShareCRM.
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