The day to day operations in the running of a business depend on highly efficient inventory control. No business can satisfy customers if they regularly run out of inventory and everything is always on backorder.

Good inventory control software is a significant part of good inventory management.

Parts inventory management software provides an easy-to-read, constantly up-to-date, instantly available view of all the inventory on your premises – from the products that customers order, the equipment for moving, sorting, etc. the inventory, the paper you use to print invoices, to the staples your office employees use to hold files together. It keeps track of your finished products so you can immediately see if an order can be filled. You can set it up so that if an item goes out of stock, the system automatically reorders the part and/or you get a notification via an alert of some kind. It helps you control costs by eliminating overstocks, warning you of shortages, and making daily inventory adjustments easier than ever. Using a good inventory control software system can also make long term inventory tracking easier; it could possibly even prevent you from taking a loss during your big year-end inventory count. (Although we believe you should be using cycle counting instead of an annual count, and you can read our ebook to learn more about that.)

Good parts inventory management software presents inventory information in terms of appropriate units of measurement, they way you actually use it. Weight, volume, count, rolls, cases, master packs, foot lengths, skids, SKUs, shiploads, or some other customizable unit. Automated and hand counts are integrated into the inventory system. Good inventory control systems also incorporate a system of forecasting shortages, integrating delivery times and shipping costs into the flow of materials, landing cost management, container counts, and predictive analysis tools.

Data entry is simple and seamlessly integrated into the daily activity of warehousing, sales, and manufacturing processes. The flow proceeds logically from sales to order taking to shipping to revenue and then to re-supply.

With good parts inventory control software installed, a salesman can instantly check the availability of any product. The check will also inform the salesman of the product’s location. Customer service departments can find the parts needed to complete repairs or make replacements. Any gaps in supply of what you need can be quickly found and precisely filled in time for an up-coming project. The benefit in terms of customer relations and loss control are enormous.

Have questions about inventory control software systems? Acumen Information Systems is a great place to get started on your journey to better inventory control. Contact us today.