September 19th 2023 11:00:00 AM
How to Tell if You Need an Inventory Management Software System
February 18th 2020 16:00:00 PM
As a business owner, you may be spending your time “in the trenches” focused on its day-to-day operation. There may be little time to think about how well your systems are operating or if there are any ways you can improve efficiency when you are spending a good part of your time at work “putting out fires.” An inventory management software system can improve your business by reducing the amount of time between receiving an order from a customer or a retailer and getting it delivered. If you are currently working with spreadsheets and manual processes, consider this upgrade to increase efficiency and trim costs.
Signs You Need an Inventory Management Software System
If you notice one or more of these signs, it is time to make some decisions about upgrading your systems and the way you run your business.
1. No Sense That Warehouse is Well Organized
When you go out on the warehouse floor, do you get a sense the stock is being placed in bins in a manner that makes sense? Are items that are moving quickly placed in a convenient location for your pickers? Have items that are often sold together been placed close to each other? If the underlying theme seems to be “put them anywhere they will fit,” then it is time to make some changes.
2. Difficult to Track Current Inventory Levels
Many companies are relying on a pencil (or pen) and paper to keep track of their inventory levels. The problem with this method is that it is slow and there is a lot of room for mistakes due to human error in counting and then transcribing the figures into the company accounting system. If a sales representative or a manager wants to check inventory levels for a particular product, it’s very challenging to get an accurate figure.
3. Business is Growing Rapidly
In a situation where the business is experiencing quick growth, your team needs to step up and ensure orders are filled quickly and correctly. Delays because items can’t be located, or an item is unexpectedly out of stock, lead to more complaints from unsatisfied customers.
An inventory management software system will help with the everyday operations in the warehouse. It tracks your inventory and manages your team to ensure tasks are being completed correctly and on time.
Upgrade to an Inventory Management Software System
An inventory management software system will help you get organized and stay that way. You’ll be able to walk away from the pencil-and-paper way of keeping track of inventory since your cycle counting will become completely automated.
If some of the products you are selling have “best before” dates, you’ll be able to manage them effectively using the inventory management system. This is an important factor if you are dealing with products being sold in the pharmaceutical or health and beauty industries.
The system will make ordering easier, since you will know exactly how much stock you have on hand at any time. Delivering orders to customers becomes more efficient and customer satisfaction rates increase.
Scanco Has the Inventory Management Software System to Suit Your Business
It doesn’t matter whether you are running a small business, or you have a large company with warehouse locations; Scanco has an inventory management software system to suit your business.
is made for business owners who want to “say goodbye to the clipboard.” It lets you automate cycle counting and year-end physical counts using any Android or iOS-compatible device.
allows you to take control of your warehouse distribution functions quickly and easily. It is meant to be used right out of the box to make locating and picking items much more efficient. You’ll be pleased with how fast your team can be trained to use Warehouse 100 and that you will start seeing its benefits without delay.
is a warehouse management system that will meet all your needs. It includes advanced scanning and shipping functions, along with warehouse reporting, auto updates, inventory adjustments, pallet tracking, messaging, and more. If you own or are managing a large business or warehouse, this could be the right solution for you.
To find out more about our inventory management software system solutions and how we can help you in your business, or call (330) 645-9959 now to schedule an appointment with a Scanco Solutions expert.