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Optimizing Inventory Management with Acumatica: A Case Study

This video details how a customized Acumatica solution helped a business overcome inventory management challenges. 

Challenges

  • Real-time inventory visibility was lacking. The client was struggling to maintain a clear picture of their inventory levels in real time, impacting their warehouse operations. 
  • Existing solutions were insufficient. While Acumatica offers advanced planning tools, this client required a solution tailored to their specific processes and regional needs. 
  • Warehouse operations were strained. The client’s warehouse was feeling the strain of their inefficient inventory management practices. 
  • Manual planning was inefficient. They relied on spreadsheets and estimations for planning, which was ineffective for predicting future demand and managing inventory levels accurately. 

Solution and Benefits

  • Development of a custom Generic Inquiry (GI). Balaji D, an Associate Principal Consultant at Tayana Solutions, created a custom GI that analyzed past sales data over various periods (30, 90, and 180 days). This provided insights into average sales per month and seasonal trends. 
  • Integration with existing forecasting module. Balaji connected the GI with Acumatica’s forecasting module, enabling more precise future demand predictions based on historical sales data. 
  • Lightweight and manageable design. Despite its advanced functionality, the GI remained user-friendly and easy to manage. 

Advantages of the solution: 

  • Improved warehouse stability. The solution provided a clear view of inventory levels, leading to better warehouse organization and reduced strain. 
  • Enhanced demand forecasting. Analyzing sales trends allowed the client to anticipate demand spikes and plan inventory accordingly. 
  • Reduced stockouts and waste. By accurately forecasting demand, the client minimized stockouts and avoided holding excess inventory. 
  • Improved financial performance. Optimizing inventory levels resulted in cost savings by minimizing storage expenses and lost sales due to stockouts. 
  • Increased customer satisfaction. Stable inventory levels allowed the client to fulfill orders promptly, improving customer satisfaction and credibility. 
  • Scalability and future-proofing. The solution provided a foundation for future growth by offering a data-driven approach to inventory management. 

The case study highlights the power of customized Acumatica solutions in addressing specific business challenges. It showcases the benefits of leveraging the platform’s flexibility and partnering with experienced consultants like those at Tayana Solutions. For businesses seeking to optimize their inventory management processes in Acumatica, exploring similar custom solutions and seeking expert assistance can be highly beneficial.