DATA GROUP INVENTORY MANAGEMENT (DGIM)

Once seen as a finance function, Inventory Management has evolved to become a critical part of how companies operate. The common challenge for today’s companies is how to accurately keep track of its inventory accumulated across the organisation.

Basic static list information in the form of receipts and numbers are now insufficient when a company needs to produce reliable up to date inventory information, including its location and its purchase history. In addition, various departments within the company will interact with the same inventory but for different reasons – Finance, Procurement, Operations, Health and Safety and IT. Without reliable records, companies also risk being held to task about their duty of care, proof of ownership and of course, unforeseen events such as a workplace incident risks satisfying insurance requirements in the event of a claim.

Companies have limited resources – Financial, Labour and Time. The DGIM software recognises these constraints and achieves ROI in all these areas, optimising your company’s operations, avoiding the duplication of processes and preventing any hidden inventory the company has paid for being misplaced or underutilised.

In the heavily regulated and compliance focused environment companies currently operate, any improvement in processes which supports regulatory compliance standards within the industry is an integral part of a company’s ability to operate and achieve growth.

Whatever form of growth your company is aiming to achieve, the underlying structure of the business can make or break a business. The DGIM software lays the foundations on which to develop a successful business – the infrastructure to achieve maximum optimisation.