Inventory Management Software

Inventory Management Software is like a life line of any manufacturing or goods trading company. Inventory Management Software helps in maintaining the data of goods purchased, sold, or traded. It helps them to maintain goods categories, goods sub-categories, purchase invoices, sales invoices, returns , refunds, stock balance, taxes, reports.

inventory_management_software

Inventory Management Software

Inventory management is very important aspect for both manufacturing and goods trading companies. And an effective management leads them to the increased profit margins. unnecessary storing of neither finished products nor raw material is beneficial to the company.

Inventory Management Software has following Features :

Product Category Management
Product Management
Purchase Management
Sales Management
Stock Management
Warehouse Management
Sales Return Management
Refund Product Management
Invoice Processing
Report

Softtrinity approach is to take your project, and break it up into modules to quickly decide on your exact requirements. We will then build a quote, and a project plan after the work is agreed on.

Why is Inventory Control Important?

Inventory control is important to ensure quality control in businesses that handle transactions revolving around consumer goods. Without proper inventory control, a large retail store may run out of stock on an important item. A good inventory control system will alert the retailer when it is time to reorder. Inventory control is also an important means of automatically tracking large shipments. For example, if a business orders ten pairs of socks for retail resale, but only receives nine pairs, this will be obvious upon inspecting the contents of the package, and error is not likely. On the other hand, say a wholesaler orders 100,000 pairs of socks and 10,000 are missing. Manually counting each pair of socks is likely to result in error. An automated inventory control system helps to minimize the risk of error. In retail stores, an inventory control system also helps track theft of retail merchandise, providing valuable information about store profits and the need for theft-prevention systems.