Inventory Management Software Features


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Inventory Management Software Features

  1. 1. Inventory Management Software : FeaturesInventory forms one of the biggest investments in manufacturing and tradingsectors. Huge capital blocked in inventory, inability to identify products, multiplicityof products, product freshness, order of arrival, guarantee/ warranty periods,handling and a host of related issues can confound any individual assigned the taskof materials management. The solution lies in installing a software that will solvethese problems and evolve a system for continuous operation and evaluation.Inventory Management Software is an absolutely compatible and competentapplication to deal with inventory of several commercial and non-commercialindustries such as Clothing, Electronics, Aeronautics, Mechanical, Medical, Hotel,Food, Stationery, Shoe, Retail Chains, Online Shopping Malls and other business. Ithandles invoicing, stock movement and customer details easily and rapidly viainteractive, user friendly interface.Inventory Management Software is extremely economical and a compliant packagefor all common window platforms like 98, NT, 2000, XP and Vista.Key Features: • Inexpensive, advanced and swift. • Easy to configure and install • Complies with all Windows operating systems.Inventory Management Software is basically focused to derive stock balance, salesrecord, restore stock, goods record, goods category distribution, customer orderrecords, invoice, price system, backup stock, reports customization, orderprocessing, purchase order, pay orders and significantly reducing paper work. Theapplication offers a broad and innovative inventory management resolution tosynchronize items, stocks, cumulative productivity of stores, managing sufficientsupplies by implanting modular classification of the entire process. Inventorymanagement software is best suited to keep track of the records of sale, purchaseand vendor prices of all the goods stocked in the system. Inventory package includesspecific features like barcode reading for price identification, Multi-currencyadoption to identified rates, reports generation for fast, precise analysis of goods,stock, quantity, prices, manufacturers, suppliers, vendors and sales. Expiry alert forvarious items, print preview option for flexible, multi-user compatibility, securitywith approvals and more.Disadvantages :Like every software inventory management software is not a total bundle ofadvantage. There are disadvantages too. For a small company the cost overrun ofinstalling such software is very high. Barcode readers don’t come cheap. No data is
  2. 2. reliable unless updations is made continuously. When a software company walks outreplacement is a laborious process that includes training and recasting data.Nowadays updations is carried out on a dynamic basis with PCs, iPods and Androidswhich can be connected to the central unit. Despite these disadvantages the utility ofinventory management software far outweighs these minor snags. The enormousquantity of inventory, the capital involved and the necessity to keep the supply-production- distribution channel alive is enough for any right thinking materialspersonnel to seek out and latch on to an inventory management software mostappropriate to the performance of the company. inventory management software -Which software to install? This is not an easy question to answer. There is a plethoraof such software’s available. Each one with its own tall claims. Information fromindustry sources and similar business. Ventures will be a right indicator. Besidesthere are reliable software consultants who can provide valuable and relevant data.Anil BhatCell : +91 – 9911 720 780Email : sanganaktechnologies@gmail.comUrl :