Inventory Management Outsourcing Services

We, Independent Consulting Solutions Bermuda, secure a place as one of the top inventory management outsourcing companies for our multi-echelon course of action for managing inventory for businesses. Outsourcing inventory management to Independent Consulting Solutions Bermuda will make your business nimble to manage inventory and market demand fluctuations precisely while still ensuring high-quality services. We have been empowering manufacturing, eCommerce, retail, grocery, and similar businesses with our wide-ranging inventory management outsourcing services like POS support, inventory forecasting, cost, and value allocation to inventory, multiple warehouses, inventory category, and pricing strategy management, implementing the right tools for automation in reordering, report generation, and more to protect inventory getting stock-out and fulfilling ever-changing demands.

Independent Consulting Solutions Bermuda helps businesses in the following aspects of Inventory with proven Inventory Management Outsourcing Services:

We make sure to give proper attention to the planning stage to ensure all areas and work are properly coordinated among the team members. Our team helps you with the following:

  • Order picking support
  • Automatic reorder
  • Inventory forecasting tools
  • Barcoding support
  • Point of Sales Support
  • Inventory Coding System
  • Multiple Warehouse management
  • Multiple Inventory Categories
  • Multiple Pricing Strategy
  • Different Inventory Valuation options
  • Primary as well as Alternative Unit of Measurement
  • Default Accounting Allocation
  • Inventory Tracking System
  • Inventory Cost Allocation
  • Batch Number and Expiry Date Tracking
  • Inventory alerts
  • Accounting tools or tie-ins
  • Reporting tools
  • And many more…

A. Manufacturing inventory management Services

Process flow of inventory in Manufacturing:

  • The issue of the purchase order
  • Receipt of material
  • Preparation of job card and BOM by the production department
  • Submission of stock requisition by the production department to the store department
  • The issue of material by store department
  • Production of finished goods
  • Quality testing
  • Sale of goods

The inventory in manufacturing process moves around task orders and Bill of Materials. Therefore, the following essentials must be taken care:

  • Materials tracking
  • Inventory levels for parts and finish products
  • Job Card
  • Bill of Material
  • Stock Requisition Note
  • Stock Issue Note
  • Material Process Warehouses
  • Work in Process Inventory valuation
  • Automatic reordering
  • Integrations with ERP or maintenance software

B.Warehouse inventory management

Managing a warehouse requires different features in the system. The true value of inventory management solution in a warehouse setting is to locate the items quickly.

Common features in warehouse setting include:

  • Advanced barcode systems supporting QR and other standards
  • Multiple location support
  • Bin tracking systems
  • Order picking support

Result-oriented Solution

Explore how Inventory Management Outsourcing to Independent Consulting Solutions Bermuda boosts inventory management efficiency and stock valuation to heighten returns for your business:

Our extensive inventory management services and solutions apply a multi-tier approach to managing all jobs related to stock, inventory orders, re-order, tracking, recordkeeping, accounting, forecasting, and several other aspects with the implementation of the best tools, coding mechanisms, and smart team. We use proven techniques to bring solid results with our wide variety of services that boost our clients’ growth rates by up to 84%.

Outsourcing inventory management will simplify managing inventory, stock, payment processing, vendors, customers, and even tracking delivering and in-transit items.

Our recordkeeping services for inventory management will help in keeping an accurate copy of records consisting of SKU, sales order and purchase order, package slip number, and other fine details in a highly precise manner.

Our specialization in manufacturing inventory management covers a structured process to manage purchase orders, material receipts, stock requisition processing, quality testing, and various other jobs to save your resources.

Our warehouse inventory management experts will take off a load of managing barcode systems, bin tracking, etc. to keep your warehousing processes effective.

Our Inventory Management Outsourcing include accounting and financial management to help you handle accounts, tax preparation, and other jobs for streamlined processes.