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Advantages of Using Cloud-based ERP Software for Construction Inventory Management

Every construction company maintains an inventory and knows how challenging it can be to manage it effectively. Eventually, you need to have enough materials to meet fluctuating consumer demand, but keeping too much of a product can result in unwanted waste.

According to a survey conducted by materials supplier Avery Dennison, a significant amount of waste is happening, with 8% of stock expiring or being discarded, resulting in a staggering $163 billion in unnecessary inventory each year.

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