Supply Inventory Management Systems (SIMS) are the key to successful procurement in any business. They provide the insights and data necessary to ensure that suppliers are adhering to inventory policies and procedures, while also helping companies maintain optimum stock levels. SIMS streamline the supply chain process by tracking stock movement and usage patterns, automating purchasing requests, enabling accurate budget planning, and improving supplier relations. Ultimately, SIMS help businesses increase profits, reduce costs and save time – so it’s easy to see why they’re so essential for a well-managed procurement program.