5 Benefits of In-House Inventory Management with OpSuite

For retail and wholesale businesses, managing inventory efficiently can make all the difference in maximising profit and improving operational workflows. Traditionally, retailers might have outsourced inventory tasks to third-party providers to ease the load on their teams or because their technology does not facilitate efficient inventory management. However, this approach can often introduce inefficiencies and lack the same precision and control as in-house management.

OpSuite is our cloud-hosted retail management solution which gives retail and wholesale businesses the tools to drive their business forward. With OpSuite, we empower businesses to take full control of their inventory with ease, saving both time and money. In this blog, we’ll share five benefits of managing your inventory in-house with RMS and OpSuite:

1. Full Control Of Your Inventory

When you handle inventory in-house, you keep complete control over the process. With OpSuite’s user-friendly interface and mobile scanning technology, your team can conduct stock-taking tasks quickly and accurately. There’s no waiting for external providers to finish the job or send data back for review. Your employees, who already understand your stock and systems, can work more efficiently, minimising disruptions to your business.

2. Improved Cost Efficiency

Outsourcing inventory management can be costly. You not only pay for the third party’s labour, but often also for any delays or errors they may introduce. By bringing inventory management in-house, RMS helps you cut down on these extra expenses. With OpSuite, your existing team can perform inventory counts and manage stock, without needing to hire additional staff or deal with the costs of third-party services.

3. Real-Time Data for Better Decision-Making

OpSuite provides real-time insights into your inventory levels, allowing you to make quick, informed decisions. With up-to-the-minute data, you can see where discrepancies lie and act immediately to correct them. This continuous, real-time access to inventory data improves your stock accuracy, prevents over-ordering or out-of-stock situations and helps you optimise inventory levels across all locations.

4. Improved Accuracy and Accountability

Outsourcing inventory management can lead to mistakes or inconsistencies, as third-party providers may not be as familiar with your stock or operations. With OpSuite, your team can manage inventory with greater accuracy since they understand the variations of your product lines. In-house inventory management also boosts accountability because your employees take ownership of the process and ensure it is completed correctly.

RMS Top Tip: OpSuite’s Stock Taking module works with RFID technology so you can complete stock takes in seconds!

5. Streamlined, Integrated Systems

OpSuite offers an all-in-one solution for managing inventory, point-of-sale and reporting. This integrated approach reduces the risk of data errors and ensures consistency across all areas of your business. Whether you’re conducting a full or partial stock count, having everything under one system simplifies the entire process, reducing the complexity of managing inventory and improving overall productivity.

Conclusion

With RMS and the power of OpSuite, managing your inventory in-house has never been easier or more efficient. You save on costs, gain more control, improve accuracy and have real-time access to the data you need to make informed business decisions. Don’t let outdated practices slow your business down—take charge of your inventory with OpSuite and streamline your operations for long-term success!

Why Choose RMS?

RMS have worked with ambitious businesses since 2004, supplying tailored software solutions and EPoS hardware from the Shetland Islands to the Seychelles. We work with businesses in most retail verticals, contact us and discover how we can help you take control of your inventory management with cutting-edge solutions.