Why organisations must use Holostik’s inventory management system?

Inventory management is important for organizations as it helps in managing the stock and inventory. Inventory management is an important part of the supply chain management system involving the controlling of inventory, storage and controlling the amount of product.

Inventory management helps the company to manage cash flows, manage the production and raw materials and examine the quantity of output which needs to be supplied to the consumer.

Holostik provides a robust and effective inventory management system. The company not just provides anti-duplication solutions but also caters customized IT-enabled supply chain management solutions. Holostik provides a customized inventory management solution after understanding the requirements of clients. Experts from Holostik conduct many brainstorming sessions with the client to develop a robust inventory management system for the client.

Let’s understand the process of an inventory management system which takes place under various steps:

  1. The inventory management system starts right from the raw material stage to the final finished product stage. With the help of an inventory management system, a manufacturer in real time can easily know the quantity of raw material converted into the product on the production floor.
  2. The inventory management process starts from the raw material stage to the final stage where we get the finished product. The inventory management helps to assess the quantity of raw material which is converted into a product on the production floor.
  3. The management can also determine the amount of final product which goes from the production floor to the warehouse and then to the distribution channel.
  4. The outreach of the system extends up to the retailer. The system helps the management in determining the inventory of the system at a different stage of the supply chain
  5. One of the main benefits of an inventory management system is that the inventory management system provides improved decision making. With the help of an inventory management system, the company owner can monitor and manage the complete production and distribution process with ease.

 

Robust inventory management system from Holostik

Inventory management is the management of inventory and stock. As an element of supply chain management, inventory management includes aspects such as controlling and overseeing ordering inventory, storage of inventory, and controlling the amount of product for sale. For companies with complex supply chains and manufacturing processes, balancing the risks of inventory gluts and shortages is especially difficult.

Inventory management is crucial to the success of the company. With proper inventory management system in place, a company can effectively manage its cash flows, plan its production, manage its raw materials and determine the quantity of the final product to be supplied for the end-consumer.

Holostik has created a far-fetched legacy over the years in the holographic anti-counterfeiting industry. However, due to constant innovation, the company has ventured into the field of IT technology and is making strides of the success of by catering IT-enabled authentication solutions and other supply chain management processes.

Among the many IT-enabled solutions, Holostik provides customised and high-tech inventory management solutions to the client. Before providing the inventory solution experts from Holostik thoroughly studies different aspects of the company like the type of raw materials used by the company, its products, vendors etc. After many brainstorming sessions, Holostik finally provides the blueprint of the solution along with its delivery date.

The inventory management system starts right from the raw material stage to the final finished product stage. With the help of an inventory management system, a manufacturer in real time can easily know the quantity of raw material converted into the product on the production floor. Similarly, a manufacturer is also aware of the quantity of product which goes from production floor to warehouse and in the distribution channel. The span of the system goes up to the retailer. The system helps the manufacturer in ascertaining the inventory of the system at each stage of the supply chain.

Inventory management system provides better decision-making power to the company owner. He or she can effectively strategize and manage the entire production and distribution process with much ease.

Holostik: Ensuring comprehensive security of products and supply chain

One of the biggest challenges for companies today is the security of their supply chain. Any kind of lapses in a supply chain can lead to theft, counterfeiting, adulteration and other problems which can severely impact the performance of an organisation.

Industries, regulatory agencies and governments across the world have realised the importance of implementing security measures in order to secure the product and supply chain. This comprehensive security approach helps all the stakeholders of the supply chain.

When it comes to ensuring the security of the brand most organisations believe that it is enough to secure the product against any kind of duplication and tampering. However, the actual scenario is quite different as a product is susceptible to different problems at different stages of the supply chain. This means that product authentication does not guarantee the security of a product from theft and damages.

Today, when the performance of the company highly depends on the health of the supply chain it is equally important to secure the product along with the supply chain.

Holostik provides cutting-edge anti-counterfeiting solutions for ensuring the safety of the product and the supply chain. In order to secure the product, the company has a gamut of solutions ranging from security holograms, security labels, QR based holograms, labels and much more. Holostik provides security labels and holograms and smart QR based holograms for product authentication and it also offers track and trace services which ensure the tracking and tracing of product in the supply chain.

A comprehensive security approach can be implemented with the help of a customised smart hologram or customised holographic label which caters product authentication along with track and trace functionality. With Holostik’s robust track and trace services, manufacturers can remain carefree from any kind of product theft, tampering, adulteration in a supply chain.