Material Management

Presence360’s Material Management is a vital process that focuses on the efficient planning, control, and oversight of materials and inventory throughout the supply chain. It encompasses various activities, including procurement, storage, and distribution, ensuring that the right materials are available at the right time and in the right quantities. By implementing effective inventory management practices, organizations can minimize waste, reduce carrying costs, and enhance production efficiency. With AI based data analytics, it will forecast demand accurately, streamline operations, and improve supplier collaboration, ultimately contributing to better operational performance and customer satisfaction.