One of the most common problems businesses face is ineffective inventory management and organization. Inventory mistakes, including lost or damaged inventory, can cost your business time and money. Luckily, it’s possible to overcome the challenges of inventory management with help from a fulfillment service. Here are a few ways a fulfillment service can prevent costly inventory mistakes.
Access to warehouse space
Renting warehouse space can quickly become expensive, especially if you don’t always need the amount of space you pay for. Some fulfillment services will provide generous warehouse space for your inventory and offer flexible pricing depending on the amount of space you need. With the right amount of warehouse space for your products, you can avoid overpaying and prevent the risk of lost or damaged inventory.
Better inventory tracking
Without a proper system for tracking inventory, your business is vulnerable to product loss and even theft by customers or employees. Inadequate inventory control also creates unhappy customers when the product they want is out of stock. Avoid this problem by partnering with a third-party fulfillment service, which will use an organized system to ensure you always know the amount and kind of inventory you have for sale at all times.
Accurate order fulfillment
No buyer wants to receive an order that’s damaged, incorrect, or late, and even small order mistakes can lead to dissatisfied and angry customers. A professional order fulfillment service can help your business avoid making costly errors and ensure your valued customers receive their orders on time and with accuracy.
Inventory management can be stressful, but the Industrial Services Division at Ohio Valley Goodwill can help! We have more than a century of experience helping businesses just like yours successfully manage fulfillment services and inventory management. Contact us today to learn more about our business solutions and take a free tour of our facilities.