When you run a product-based business, it's critical that you have a firm grasp on supply and demand, your inventory levels, plus purchase orders to your suppliers or work orders to your production floor. It's easy to make errors when you don't have an accurate view of your inventory. You could sell products that you don't have in stock or fail to order or produce products on time. You can also make errors if you don’t have an accurate view of your current and future sales.
