Netstock Survey: 78% of US SMBs Are Not Using Purpose-Built Inventory Management Software
BOSTON, Sept. 28, 2023 /PRNewswire-PRWeb/ -- Netstock, a leader in inventory management software, recently surveyed a subset of North American based SMBs in the wholesale, retail, and manufacturing industries. The survey unveiled an urgent need for supply chain businesses to reassess their inventory strategies and invest in inventory planning solutions that offer predictive analytics to improve visibility and reduce operating costs.
- BOSTON, Sept. 28, 2023 /PRNewswire-PRWeb/ -- Netstock, a leader in inventory management software, recently surveyed a subset of North American based SMBs in the wholesale, retail, and manufacturing industries.
- Investing in the right inventory management software should be a top priority for SMBs so they can have the visibility to minimize excess stock, free up working capital, and remain agile to respond to market changes," says Netstock CEO, Ara Ohanian .
- "Investing in the right inventory management software should be a top priority for SMBs so they can have the visibility to minimize excess stock, free up working capital, and remain agile to respond to market changes" Netstock CEO, Ara Ohanian.
- Remarkably, 78% of the respondents admitted not using purpose-built commercial inventory management software within their organizations.