If you're in the manufacturing industry and find yourself constantly falling below your targeted profits, a lack of effective inventory management might be what's holding you back. Without it, you won't have true process visibility, something that allows you to see into your company's operations and pinpoint what exactly it is you could be doing better. This knowledge of your inefficiencies can be the difference between your business muddling in the middle and skyrocketing to the top.

Some businesses in Bloomfield, New Mexico are realizing this, as they've recently discovered the benefits of proficient inventory management. AirStar and Twin Stars, two distribution companies of differing sizes (about 60 and 12 employees, respectively) have improved their internal communication and minimized misunderstandings by engendering more quality record-keeping and tracking of raw goods.

"Inventory presents complex challenges for all businesses that sell retail products or build products from raw materials," says Claudia Infante of the Santa Fe New Mexican. "Poor monitoring hurts profits in numerous ways — most obviously in sales if a part isn't in stock or can't be found when needed. Stagnant inventory represents money that's unavailable for other needs and it's easily damaged if moved frequently."

Infante also says that, contrary to popular belief, the most effective tool one can use to enhance this crucial facet of running a company is not just more meticulousness, but things like weekly meetings of staff and company-wide memos: essentially making sure everyone is on the same page.

Want to experience the success that these enterprises have? Accent Software has the experience needed to help you improve your Ohio, Kentucky or Indiana company's inventory management system.