Asset Management

The holiday season has already begun and your sales are probably pouring in. However, are you really ready in such an amazing spike in sales? 

Imagine this. A customer orders a product just to find out it has gone out-of-stock. Instead of celebrating a successful sales season, you would need to deal with lots of furious customers, answer their questions on social, issue refunds, etc. And, no matter how much time, resources, and energy you invest to make things right, your brand reputation will be damaged. 

So, is there a way to plan your inventory proactively? The answer is inventory forecasting. Simply put, this is the process of predicting your inventory levels to fulfill future customers’ orders.

​A poorly performing fleet is a massive challenge for any business; mainly if it's a part of the logistics and transportation industry because logistics isn't just a business function that they have to manage, it'is their whole and sole business! Being in the transportation industry isn't a child's play, after all. You have to maintain a large fleet of vehicles, which is a reason for a mild headache even at the best of times.

If you don't know the precise location of every vehicle in your fleet, your business will have to depend on a lot of guesswork. That, as all fleet managers would agree, is a situation best avoided!