Manually managing stocks in bottled water businesses can take time and effort. Manual stock management becomes prone to errors, disrupting deliveries and lowering customer satisfaction. Water Delivery Solutions is an online platform that automates and streamlines stock management.
This blog will explore how this delivery software can help you manage stocks in bottled water delivery businesses.
Table of content
What does manual stock management include?
Manual stock management includes counting and recording the number of filled and empty water bottles with you and the bottles with your customers. You physically count the bottles and keep a record in a book about:
- How many filled bottles do you have?
- How many are given to the driver?
- How many are with customers?
- How many empty bottles are collected by the delivery drivers?
You should be diligent while managing the data or it can lead to errors. However, there is always a scope for mistakes while manually managing stock.
What are the challenges faced by water delivery businesses in stock management?
Manual stock management in the water delivery business can incur many challenges that hamper overall bottled water delivery operations. The challenges faced in stock management by businesses are:
Limited stock visibility
You do not have real-time data on the stocks. You must wait until one operation is completed before switching to the next process.
Inefficient inventory process
Manual stock management is prone to errors, leading to excess or insufficient stock.
Keeping up with overstocking
You can skip entering stock numbers, leading to an unrealized number of stocks leading to excess stocks.
Losing empty water bottles
It is very easy to lose empty water bottles if you do not have precise data and tracking when your customers return and collect them by your drivers.
How does water delivery software help businesses?
Water delivery software is a SaaS-based platform that can automate and streamline entire water delivery operations, including ordering, stock leveling, payments, and deliveries. The software offers advanced features that enable you to manage stock easily. Features of water delivery software that help you manage stocks:
Stock reports
The water delivery system automatically generates stock reports. These reports have information about products that are low in stock. You can also set a low stock cut-off. When your stock hits this cut-off value, it sends low stock alerts. This allows you to replenish the stock to avoid stockouts and overstocking. The system also generates empty bottle reports, which have all the information about bottles given to customers and empty bottles collected from them.
Inventory counting
You need to enter the value when setting up the system. The value is then auto-updated based on customer orders, stock given to the delivery drivers, and delivered orders. As the order is placed, the stock is moved to the required stock to fulfill the customer’s demand. When the order is delivered, the stock is updated and the number is deducted from the available stock.
Empty bottle report
The system offers features to help you manage and track empty water bottles. The drivers collect empty bottles from the customers and record them in the water delivery driver app. The recorded number is auto-updated in the admin panel on the empty bottle report. This empty bottle report includes all the information about the number of empty bottles with the customers and the available empty bottles in the stock.
Stock transfer management
The system provides advanced features for multi-hub management. You can manage, track, and optimize multiple hubs/stores. The stock management features in multi-hub allow you to manage stocks internally within hubs.
Purchase orders
You can create purchase orders for the items that are low in stock from the system. This prevents you from missing out on stocks and ensures on-time customer order fulfillment. You can take a printout of the purchase order or send the order to your vendor via email.
Benefits of efficient stock management
Efficient stock management with water delivery management software is crucial for on-time order fulfillment and improved customer satisfaction. Let’s check out the benefits of managing stocks efficiently:
Saves costs
Efficient stock management prevents overstocking and avoids water spoilage due to prolonged storage in plastic water bottles. This allows you to maintain optimal stock levels to fulfill the customer demands.
Improves customer service
Sufficient stocks allow on-time order fulfillment, improving customer satisfaction and retention rates. Precise stock reports prevent you from overselling (selling items that you do not have in stock). The system automatically hides product items from customer applications so customers cannot place orders for items they do not have in stock.
Operational efficiency
Automation mitigates the risk of human errors improves stock accuracy and provides customers with the right products. Optimal stock enables you to fulfill your customers’ demands without facing product spoilage. This improves the overall operational efficiency.
Reduces risks
Efficient and effective stock management reduces the risks of stockouts and overstocking, which mitigates the risks of leaving customers dissatisfied. Optimal stock levels improve order fulfillment rates and customer satisfaction.
Effective demand planning
The precise stock reports enable you to anticipate future customer demands and maintain the stocks accordingly, preventing stockouts.
Conclusion
Implementing delivery software with the right water delivery app development services can help you manage and optimize stock management. Efficient stock management can help you boost overall business revenue and ROI. Book a demo to see how our “Water Delivery Solutions” can help you optimize stock management.
He loves to explore. His passion for helping delivery industries in all aspects flows through in the vision he has. In addition to providing smart solution to make delivery process flawless, Ravi also likes to write sometimes to make it easier for people from business industry looking for digital solutions.
