Looking for an inventory management software system? Look no further as you have come to the right place! Here are the best inventory management systems of 2017! Compare and find the perfect one for your needs!
Before we discuss and compare the best inventory management systems for this year, let’s take a look at why inventory is so important. Inventory is not just stuff or items that are just placed on the shelf. Depending on the type of business you are running, inventory can be the products you sell, the items you store, materials used in manufacturing or production, parts utilized in a service organization, and etc. Keeping track of all of these items, is not easy, even for successful companies, Because of this, your company requires a dedicated software system or tool. However, picking the right tool for your company can be a challenging process as there are lots of different tools on the market, different prices, different features, and it is hard to pick one. In order to help you, we’ve decided to compile a list the best and most popular inventory management systems.
What is an inventory management software system? The name inventory management software system probably sounds like something that organizes your inventory, however, the inventory management software system does a lot more than just that. It integrates with the ERP or enterprise resource planning or accounting package. Its function is to track and keep an eye on those warehouse items through sales, acquisition or use processes, locate these items and price the inventory (in one or more currencies) so you know the right value of the items you have in inventory. Aside from accounting, this system is also tied to Point of Sales or POS system. Very small business operations can get away with maintaining and fulfilling these functions with just a spreadsheet. But, any larger business company that wants order tracking, asset identification, and supply chain optimization capabilities should get a good inventory management software system.