Recent advancements in inventory management and with the advent of cloud-based solutions, it is possible for SMBs to get benefitted and manage their inventories with enhanced control and precision. The idea that was once beneficial for large companies only, is now available for businesses like a small brewery. Instead of some generic benefits, the article is aimed at highlighting the benefits that a small brewery can extract with the use of Inventory Management Software Singapore.
Testing a new brew:
Starting out a new and an unorthodox brew can be a tricky process. The response from the customers is and therefore, it is difficult to predict ingredients usage pattern for a particular recipe. While primary ingredients remain the same for most brews, unconventional add-ons like herbs, fruits and spices have to be incorporated as well. Inventory Management Software takes care of these new quantities and instead of relying on a trial and error method, it allows brewers a systematic way of updating and managing their stock.
Like any other business, sales data is of immense importance for a brewery. Inventory Management Software Singapore enables to tap into the sales data and see which brews perform better than others during a particular time of the year, month or even the day. Though there are various other factors upon which a brewer would rely his decisions on, this insight surely plays an imperative role in making well-informed and considerate decisions about the business.
Brewing is a precise process allowing only a narrow space for error. Component ingredients have to be added in precise and calculated amounts to attain best yields. With manual procedures, spreadsheets and out-dated application, it becomes difficult to extract high-quality yields with precision. Inventory Management system ensures that these minor details are taken care of with accuracy and minimal effort. Even if a brew goes wrong, it allows tracking the source issue and consequently, other products that might also get affected are saved.
Pricing the products:
Since brewing involves manufacturing products through raw materials, correctly pricing a particular product always remain a major struggle for brewers. A beer bottle can be accurately priced by seeing costs incurred in attaining and storing the raw materials available in the inventory. It helps in determining the production cost and deciding a suitable cost for the products. Inventory management software Singapore also takes account of wasted material and ensures that wastes are in control.
When a brew decides to scale up, there are a lot of things that have to be taken care of. There are normally an unprecedented number of large orders and new clients who have to be satisfied. This leaves little room for managing the inventory through spreadsheets and manual means. Moreover, since there are larger and different quantities of materials, maintaining inventory doesn’t remain a run of the mill activity. Inventory management software easily deals with novel scenarios and even in times of extensive activity, it leaves little room for error.
Inventory Management Software Singapore ensures that your brewery business runs seamlessly and thrives with its cutting edge features. While it is majorly a tool for managing the inventory, we have shown you that how different features can be leveraged to cope with varying scenarios.