Realization of warehouse balances
Warehouse balances are illiquid products that often remain on the balance sheet of an enterprise. This may be materials or goods that are not in demand in production or unsold due to lack of interest to them by the buyer. Such products are stored in the warehouse and bring costs, because it takes place, requires periodic audits to detect spoilage, and appropriate payments of property taxes due to what is on the balance sheet of the enterprise. The most profitable way to reduce costs under this heading is to sell illiquid products, but in order to sell it, it is necessary that it is reflected in the warehouse information system and the company as a whole in real time, otherwise the remains are often forgotten and recalled only when it is necessary to release warehouse areas.
When implementing the SoftERP system at the enterprise, it becomes possible to always consider the presence of illiquid products. Warehouse balances are reflected in the information base of the enterprise, and at any convenient opportunity it is possible to realize them at a reasonable price in the shortest possible time, which is aimed at reducing costs and making profit.
