Inventory Optimization for Fast-growing Businesses
Novobi’s Smart Inventory continuously monitors inventory levels, applies intelligence to draw the right conclusions and delivers actionable reports and alerts to the right people:
Real time stock dashboard
Multiple KPIs for inventory performance, including stock age, heavy stocks, total inventory value, etc.
Under stock and over stock analysis
Automatic categorization of inventory into four groups:
- Products with high overstock risk
- Products with high understock risk
- Products near reorder points
- Products within proper levels.
- Continuous monitoring and analysis ensures 24/7 alerts to all relevant groups
- Understock/overstock risk in their inventory