Inventory Solutions For Any Industry

The world of inventory management can be complex and bewildering. There are a huge array of acronyms that to the uninitiated can be intimidating. Waypoint solves problems for inventory-based businesses across a range of industries. With hundreds of inventory clients served, we’ve seen it all.

Running an Inventory business? We should talk.

The world of inventory management can be complex and, on the surface, bewildering. But strip it back and apply standard rules to your unique situation, and we can take logistical cyclones and make them a breeze. We know the ins and outs of inventory because we’ve got years of experience delivering successful inventory projects.

But we’re not complacent. We know better than anyone that no two inventory management projects are ever the same. We’ve developed our implementation and support services to ensure we get to the heart of your process. When we get the clarity we need that’s when we can set about selecting the right technology partners to meet your requirements.

Manufacturing

  • Even the most simple manufacturing business can lose control of their bill of materials. Add any level of complexity and bill of material management can become a nightmare. Losing focus of raw material, labour and overhead costs adds unnecessary risk to any manufacturing operation.

  • The success or failure of new manufacturing projects relies on your ability to manufacture profitably. That starts by accurately predicting your production materials – do you have enough to make what you need? It’s easier said than done, but without it you run the risk of producing great products at a loss.

  • Creating an efficient manufacturing process maintains margins and protects profitability. Managing and tracking lost, stolen, and damaged inventory, for many manufacturers, is still a manual process. It takes time, is often inefficient, and it cuts into your margins. The result? Lots of small issues create big problems.

  • With raw materials, and finished goods, moving around warehouses at a million miles an hour – keeping track of it all is hard. Batch numbers could relate to your raw materials, your work in progress or your finished goods, and be in any one of a number of locations and warehouses.

  • Customer loyalty isn’t what it used to be. When hit with a a situation where your stock is expired, we’ll typically go elsewhere to find someone who has what you don’t. Keeping your warehouse stocked is just good for business but it’s hard, especially if you’re relying on a manual stock reordering process.

  • Keeping recipe information and stock on hand up to date across all channels can be a logistical nightmare. Updating multiple spreadsheets, your website and your Inventory platform can be a real time suck. It’s also the kind of work that isn’t exactly fulfilling. Creating a one-and-done process, automates reordering and saves time and frustration.

Food & Drink

eCommerce

  • Fulfilling online orders as quickly and efficiently as possible is about keeping customers and your finance director happy. It’s an area of constant refinement, where automation can make or break the pick, pack, and ship process. Get it right, and you create a frictionless experience for everyone. Get it wrong, and you risk losing customers and revenue.

  • Customer loyalty isn’t what it used to be. When hit with an ‘out of stock message’ we’ll typically go elsewhere to find someone who has what you don’t. Keeping your online store stocked is just good for business but it’s hard, especially if you’re relying on a manual stock reordering process.

  • Keeping product information and stock on hand up to date across all channels can be a logistical nightmare. Updating multiple spreadsheets, your website and your eCommerce platform can be a real time suck. It’s also the kind of work that isn’t exactly fulfilling. Creating a one-and-done process, automates reordering and saves time and frustration.

  • Many beauty and healthcare products promote the fact that they are ‘natural’, ‘humane’, or ‘gluten free’. This is great, but how do you know this? Having visibility from suppliers dropping the goods to the warehouse, through production and into sales is critical and challenging. Batch numbers help by showing you exactly where your products and raw materials are coming from and going to.

  • Getting your products into the hands of retailers, wholesalers and your direct clients as quickly as possible is key to any Health & Beauty business. Automating as much of your pick, pack and ship process can go a long way to making this happen. Get your products out on time and everyone is happy. Get them out late and you risk the wrath of unhappy partners & clients.

  • Keeping accurate production information is vital to any health and beauty business. Knowing what goes into every product helps you make smart decisions. And, if things go wrong, understanding ‘why’, is so important. Accurately capturing wastage levels, production errors, changes to recipes and every aspect of production is made easier through automation.

Health & Beauty

Retail

  • As well as seeing what stock levels you have in your store, you need to be able to quickly and easily identify items in other stores, or your warehouse – and choose to either transfer them in, or fulfil directly to your customer.

  • Stocktake’s take forever! An inability to itemise stock-takes by bin location, brand, category or type of product means late nights every time you have to undertake the process – and wasted time that you could be using to grow the business.

  • Customers demand gift cards, loyalty, discounts and click and collect. All of these things present new challenges without a smart and nimble inventory system at the core of your operations.

Working with your Accounts team

Numbers matter. Your accountant and bookkeeper may be great at what they do, but they’re not magicians. Their work for you relies on accurate financial records being sent from your inventory system to your accounting software. We work alongside your accounts team to ensure that, whatever solutions we implement for you, the numbers produced on the other side are perfect.

Waypoint are a trusted and long term Xero cloud integrator. Due to their professionalism and successful delivery of many migrations, projects and providing solutions for small to medium businesses, they have reached ‘’preferred’’ status, the highest level as per our program outlines. Xero strongly endorses and recommends their services.

Bryan Williams
Ecosystem Partner Manager, Xero

Xero Preferred Integrator status

 Features That Benefit Any Industry

  • Multi-Level BOM

    Run production from raw materials through to finished goods, even if several steps are involved, with accurate tracking and costing.

  • Stock Re-Ordering

    Get automatic prompts to re-order stock based on required levels and minimum quantities.

  • Landed Costs

    Accurately track product costs, including currency exchange and additional freight or customs charges.

  • eCommerce Integration

    Receive orders straight from your online store, ready to manage fulfilment and invoice the customer.

  • Batch & Serial Management

    Track stock down to each individual unit with batch numbering, serial tracking and expiry dates.

  • Real-time Reporting

    Instantly see reporting on sales, purchases, production, inventory and more at the click of a button.

Let Us Help You Grow

Our first Call (approx 30-45 mins) will go through your broad requirements, what you do as a company, and how we can hopefully help.