Stock Management Challenges Without Water Delivery Software

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Challenges Faced In Stock Management Without
Water Delivery Software

• Stock management is one of the crucial aspects of
  any business and water delivery services are no
  different. Even though water does not have an
  expiry date, we all know water quality certainly
  deteriorates and there is health concern about
  storing water in plastic bottles. This makes
  stock management for water delivery businesses
  even more important.
• This blog will explore the challenges you might
  face managing stock without implementing water
  delivery software, its impacts, and how we can
  help.
• Table of content
• What is stock management in water delivery
  businesses?
• What are the challenges faced in manual stock
  management?
• Why is managing stocks in water delivery
  businesses crucial?
• How can Water Delivery Solutions help in stock
  management?
• Co nc lusio n
• What is stock management in water delivery
  businesses?
• Stock management refers to planning, tracking,
  and replenishing the goods to fulfill customers
  demands. In the water delivery business, stock
  management doesnt limit itself to water
  management but also the plastic bottles in which
  the water is delivered. It includes managing and
  tracking the available filled and empty water
  bottles and bottles with customers.
• What are the challenges faced in manual stock
  management?
• Manual stock management is time-consuming and
  needs to be revised, leading to delayed
  deliveries and customer dissatisfaction. You
  might have excess or insufficient stock if you
  have inaccurate stock reports. Major challenges
  faced in manual stock management are

Limited stock visibility Human errors in manual
stock management can result in skipping entries,
becoming unaware of the available stock, and
purchasing more. Inaccurate stock reports can
result in selling out newly stocked products,
leaving the old stock. This can lead to wastage
and business loss. Manual stock management needs
more visibility, leading to stockouts, delaying
deliveries, and impacting customer
experience. Inefficient inventory process Manual
stock updation is prone to human errors, leading
to misinformation about available stock. It
requires hiring manpower for manual stock
management, increasing administrative costs.
Manual stock management is time- consuming,
resulting in delayed deliveries and dissatisfied
customers. Keeping up with overstocking Inaccurat
e stock reports make keeping the count of
available stock difficult. This can lead to
excess stock with a higher chance of wastage.
Insufficient stock can lead to delayed deliveries
and customer dissatisfaction. Losing empty water
bottles Managing empty water bottles manually is
difficult without precise stock reports and
tracking. Empty water bottles with your customers
can be easily lost if they are collected and
tracked with precision. This can lead to
financial losses. Why is managing stocks in water
delivery businesses cruci al? Efficient stock
management ensures optimal stock, preventing
stockouts and overstocking and fulfilling
customers demands on time. The major challenges
faced in stock management without water delivery
software are Self-life management As discussed
above, water may not expire the stored water
quality does deteriorate. Also, keeping water in
plastic bottles for longer periods can raise
health concerns. These factors make adopting a
first-in, first-out strategy crucial, which is
difficult without efficient stock
management. Supply chain optimization Inaccurate
stock reports can disrupt the water supply chain,
leading to delayed order deliveries and
dissatisfied customers. It is difficult to manage
and track water bottles efficiently without
losing empty bottles and incurring
losses. Demand forecasting Demand forecasting
refers to predicting the stock required to
fulfill future customer demand. Manual stock
management is not only ineffective for
forecasting demand, but it is also prone to
errors in current stock levels. High operational
cost Errors in stock counting can lead to
stockouts or overstocking. Stockouts can lead to
overselling, losing the opportunity to sell to
customers, and facing losses. Overstocking can
increase the costs of holding stocks, increasing
the operational costs. Customer
dissatisfaction Errors in stock management lead
to delayed orders. Unable to provide accurate and
on-time orders can leave customers dissatisfied,
increasing the customer churn rate. How can Water
Delivery Solutions help in stock
management? Water Delivery Solutions is an
integrated platform that automates and optimizes
your entire business operations. It is a water
delivery management software that comprises three
platforms the admin panel, the customer app, and
the delivery driver app. These platforms work
together to improve efficiency, productivity, and
customer satisfaction. The features of Water
Delivery Solutions help you manage your water
bottle stocks are Stock reports The system
automatically generates stock reports that
provide information including available filled
and empty water bottles and empty water bottles
with your customers. The stock report is
auto-updated based on the order received and
delivered to the customers. The system also
generates a separate report for how many empty
water bottles are with your customers and how
many are returned. Stock alerts You can set
threshold stock levels. When the level hits the
threshold level, the system sends low-stock
alerts. You can replenish the stock and avoid
stockouts and overstocking. The low stock alerts
ensure you have the optimal stock amount to
fulfill customers demands. Set pricing for
bottles You can set pricing for the bottles. The
amount set gets auto-refunded once the bottle is
returned. This enables you to cover up financial
losses due to lost empty bottles. Purchase
order You can create purchase orders for
low-stock products from the system itself. You
can then send the purchase order via email to
your vendor or take its printout to make the
purchase. Conclusion Implementing water delivery
software is a strategic move as it not only
improves your business efficiency but also helps
you save costs. Improved efficiency and reduced
operational costs add to profits and increased
return on investment. Book a demo to see Water
Delivery Solutions in action and how it can help
you improve business efficiency and productivity.