● What is Inventory Software ?
Software designed to help businesses manage inventory, sales, purchasing, shipping and related functions. Inventory management software solutions often work with barcode, RFID and wireless tracking technology to support inventory tracking and control.
The general term of inventory software can encompass additional aspects of a company's operations including warehouse management systems, supply chain management and operations management in tracking products or components as they move from vendors to warehouses, between warehouses, and finally to retail locations or directly to customers.
● Why Inventory Software ?
Below are the reasons you may need the Inventory Software,
● To Know Product Quantities On-Hand.
● To Track Average Costs of Products.
● To Track & Monitor the Sales of Your Products.
● Automatically Track Cost of Goods Sold.
● To Make Adjustments to Inventory.
● To Know the Value of Inventory.
● Import Products and Services.
● To Monitor Top Seller.
● To save money by preventing product overstocks and shortages.