Release up to £150K in your business

Problems with cash flow could be solved with the right stock control system, according to software provider, First Degree Systems.

The company says that the right system could turn round the fortunes of ailing businesses and create new opportunities for others. It claims that in some cases, up to £150,000 could be released.

“Many fabricators don’t order according to their production schedules,” First Degree Systems’ sales manager Greg Beachim said. “As a result, they sit on way more stock than they actually require.

“Reducing those stock levels will result in immediate benefits to the bottom line.”

Greg says that by using the right software, real efficiencies can be found, which can free-up cash and valuable space.

“By setting your stock demand by the production date then, you know what you want, and when you want it, you don’t need to buy profile on spec,” Greg said. “And, as homeowners have more product choice, it is more important than ever to keep stock levels down, otherwise you could find yourself bursting at the seams.”

First Degree Systems’ Stock Assistant programme integrates with Window Designer and gives fabricators full oversight of their stock holding. It can offer just-in-time stock ordering, pre-allocate requirements, and even reconcile invoices. It also it works with the barcode tracking system, which makes drawing down the stock much simpler.

“This means that you can reduce your general stock overhead, and you’re buying in at demand,” Greg said. “And if you’re working effectively with your stock lead times, you will reduce your stock levels, which will release cash into your business.”

A significant knock-on effect of this is that you don’t have to find extra space to put stock in, and you can free up additional floor space, which can be used profitably.

Greg says that he has seen, even from medium-sized businesses, around £150,000-worth of released capital thanks to effective stock control.