Inventory Management To Ease Business Operations
Whether you own a manufacturing company or a retail store
Why Inventory Management is crucial?
Whether online or in-store the most crucial function for the business is the ability to provide the finished goods at right time, with right quantity, of right quality and at right price. This is possible only with efficient inventory management.
What is Inventory?
ď‚– Inventory means the amount of finished goods or raw material, which your business holds.
What is Inventory Management ?
ď‚– Inventory management is to continuously monitor, review and control these goods.
A Backbone business process
ď‚– If the inventory management is efficient, it will ensure smooth sales and despatch of the products. ď‚– And that in return will ensure timely delivery to the customers.
When the business is started with limited amount of products in stock, one can manually manage inventory
Inventory Management System
But as the business grows, the products variation, quantity and stock will be dynamic. Hence for that purpose, nowadays, Inventory Management system is used. Inventory management system is the software system which handles all the inventory processes for streamline management.
Inventory Module Tracks…
Goods purchased Goods sold Goods traded
Records of :
Inventory Module maintains….
Inventory levels Orders Sales Deliveries
It manages: Create categories and sub categories
Characteristics of Ventaforce Inventory Modules
Arrange products under various categories Maintaining stock-in, stock acceptance, stock return and stock transfer details Keep supplier details, purchase order details, transfer order details and order status Maintaining inventories across franchises
ď‚– Conclusion is for any product business, whether online, in-store or both, efficient inventory management is a must.
Why Best?
ď‚– So why not to go with the best proven inventory management software modules which can ensure smooth business functioning?
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Pune, Maharashtra, India 411011 Phone: (91) 2041062300 Email: sales@ventaforce.com Web: www.ventaforce.com