Is Inventory Management System necessary?

orderhive

Actually we are order and inventory management system provider named orderhive.com and one of my customer asked me that is Inventory Management System necessary?

I would like to get answer by you all who are using it.

tempoarypowersolutions

Yes it is very necessary to prevent over selling and to manage everything for single place. Check out this one which we are using: http://about.me/thesyncline

Reputationmanagement2015

Here is a article I wrote about when you need to invest in reputation management. http://repairbadreputation.com/10-signs ... anagement/ - Maybe this helps?

bburkeconsulting

For any business with scale, the answer is yes.

Inventory is a necessary evil that every organization would have to maintain for various purposes. Optimum inventory management is the goal of every inventory planner. Over inventory or under inventory both cause financial impact and health of the business as well as effect business opportunities.

Inventory holding is resorted to by organizations as hedge against various external and internal factors, as precaution, as opportunity, as a need and for speculative purposes.

B
http://www.bburkeconsulting.com

lynch

Managing inventory is a vital part for any businesses. So that inventory management software is necessary to automate the entire inventory process.

I have used Contalog for my business. Contalog's inventory management software allows me to upload bulk products to backend. It helps in keeping track of products, suppliers from which a product comes from, warehouse it belongs, etc.,

In that way, it helps eliminate common mistakes arising when you transfer stocks among warehouses and during delivery. For more info, have a look at : https://www.contalog.com/inventory-mana ... ftware.php

nikhiljoseph

Inventory Management system is necessary.Advance in technology the inventory management software will can help to manage the stock and avoid out of stock. Apptivo software can help to manage the inventory.

helenblog

An effective inventory management system is the cornerstone of a successful eCommerce and online retail brands. It is necessary!

dodolatoz

yes, especially when you integrated your inventory management system with your back-office system try this article http://8thinktank.com/uncategorized/benefits-of-integrating-inventory-management-with-back-office-system/

Tom Adams

I think Inventory control is necessary, here you can read a little about it  https://www.handshake.com/blog/what-is-inventory-control/

Gregory101

What I think about a single system that can easily alleviate the pain of a retailer who sells both online and offline?

High. Really high.

An order and inventory management software is something that a retailer cannot simply do without if he/she sells on multiple online and offline channels.

Let’s take an example: If you have one or more warehouses and you sell on, say, 3 online marketplaces that include your own web-store, and 2 retail stores, how will you manage inventory and the orders that come from these channels?

If you want to add B2B channels to that, it makes the entire affair really cumbersome.

Not to mention managing purchase orders, accounting, and shippers.

So, what can help you manage all of this from one panel?

Yup, you guessed it right. It’s an efficient and cloud based inventory and order management software.

charu

Yes of Course, its very important to increase efficiency and productivity in your business. Inventory management can have real time and monetary benefits. By keeping track of which products you have on-hand or ordered, you save yourself the effort of having to do an inventory recount to ensure your records are accurate.

Neha Lad

When it comes to the retail business, proper inventory management is the key to keeping your business from going under. The problem is that keeping track of inventory is one of the most difficult things you can do. On a daily basis, you get to deal with sales, new receipts, returns, breakages and so many things that affect the stock level. Although it is hard, keeping track of your inventory is the most important thing you have to do.

Aenima

Yes, it's a very important thing for every effective type of business. Working with inventory is very hard in general but it's a basis for your business so a professional management here is a key to sucess of your whole work. With using special software this process can become easier and more effective so definetely yes!

saravanan

Inventory management is understanding how much stock an organisation has, where is it located, when it is required, and how to deliver it most efficiently.It is important to maintain a balance of stock in storage as less than adequate raw materials can stop the production line whereas large finished product storage can pile up costs.

erikajones

Having real-time inventory management helps you get error-free data due to the entire automated process. If an item is out from a warehouse shelf, it will automatically show up as a change to your inventory. This empowers your employees, by giving them perfect confidence in knowing that their inventory data is flawless.

Jessie Hookie

Inventory management systems are essential to any business because they help you to keep track of sales patterns. These systems allow you to oversee which products are in high demand and which products are not.