WHY INVENTORY MANAGEMENT SOFTWARE IS NECESSARY
Do You Know
Offhand How Much Inventory You Have on Hand ?
Could you use a hand with
managing your inventory? It’s not easy to keep track of thousands of items
leaving and coming into your warehouse(s). But knowing how much inventory you
have on hand at any given moment is an important part of running a business. http://starisales.com/Account
In the Palm of Your Hand
There are numerous ways that
modern technology helps you stay informed on your inventory’s quantities and
movements.
For example, Inventory management
software lets you:
§ Get accurate inventory numbers in real time
§ Perform periodic cycle counts to adjust inventory numbers
§ Track shipments and be informed when new orders arrive and depart
§ Speed up the pick/pack/ship process
§ Set up automatic reorder points to make sure parts and products
are restocked before they run out
Inventory Management Software
Inventory
management software allows you to automate numerous processes by in a variety
of ways, such as:
- Setting
up automatic reorder points on all of your parts and products.
- Using
barcode scanners in your daily operations.
- Speeding
up the ordering process.
- Quickly
picking orders in batches or one at a time.
- Receiving
goods into a warehouse with speed and precision.
Anyone
can be trained on how to use it, and access can be restricted to certain
personnel to prevent data breaches and unauthorized edits to key components of
the software. Speaking of the software, it lets you instantly update inventory
numbers and take those numbers and put them into detailed reports. http://starisales.com/Account
How To Choose Inventory Management Software
http://starisales.com/Account Think about this, a
customer calls in to make an order from your company. Your customer service rep
fumbles around due to old, outdated software that’s slow and not meant for a
growing business. They confirm the order would be ready and shipped by a
certain date, only to later find out that an integral piece to the order is out
of stock. This is not only frustrating to you, but think about your customer.
In a noisy marketplace, they can easily move on to the next guy who can get
their order right.
Yet in today’s business culture, 56% of small businesses
want to improve their customers’ experience and retain them. 45% want to grow
their customer base. However, consistent inventory mistakes due to lack of
inventory management is not just an inconvenience, it costs you
customers. It doesn’t have to happen to you! Your challenges can be
solved with inventory management software.
Keeping the Situation
in Hand
By using Inventory management
software and keeping up with all of your transactions, you make it more likely
that your inventory situation will never get out of hand again.
So when someone asks if you
know offhand how many of a certain product you have on hand, you don’t have to
take a guess or say you don’t know. You can just look down at the device in
your hand and tell them.
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