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Keys to Winning the Fight for Inventory Control
Keys to Winning the Fight for Inventory Control
November 1, 2011 Markets news in Boise,Idaho, United States of America
In today’s belt-cinching economy, tightening your inventory control methods are crucial.
FOR IMMEDIATE RELEASE
Boise,
Idaho,
United States of America
(Free-Press-Release.com) November 1, 2011 --
With a world that is shrinking, and competitors at every turn, now is not the time to turn would-be customers away because you ran out of product, or lose time and money as non-moving stock items pile up in the warehouse. The key to increasing efficiency and gaining an edge on your competitors is having a solid, well-designed inventory tracking system that integrates with all aspects of your business.
A solid inventory system should be able to do a lot of things, but what follows is a must have list of features that will help lower your costs, increase your productivity, and make your business more competitive:
multi-location tracking ability
automated purchase order creation
bar code scanning
dashboard capabilities
Join a webinar demo of our wholesale distribution features Tuesday, Oct 11 @ 10:30 AM MDT.
Multi-Location Inventory
If your items are stored and/or sold in different locations, the ability to track these items separately is paramount. The speed at which you can transfer, and track, product location can mean the difference between you selling a hot item in the right location or your competitor beating you to the punch and winning the ever increasing speed battle.
Automated Purchase Order Creation
By setting reorder points on items and having the system create purchase orders automatically, you’ll save time, and now, more than ever, time is money. Combine this with multi-location inventory and you can easily track seasonal items and make timely, informed decisions.
Bar code Scanning
Gone are the days of the error prone, giant spreadsheets used to maintain and track inventory. Bar code scanning reduces errors and is far more accurate; saving time and money for both you and your employees. By combining a bar code system with real-time inventory tracking software you can keep your inventory lean and focus more on selling your products and less on organizing them.
Dashboard Capabilities
Tired of flipping through page after page of inventory reports to figure out what is selling and what is not? An inventory dashboard might be your answer. There’s no reason to have to open the hood to see how the engines doing. A dashboard can give you the information you need (top selling, worst selling items, best/worst vendor pricing etc.) allowing for quicker and more informed decision making.
Cougar Mountain Software’s DENALI Inventory module was designed with these key features in mind. DENALI has multi-location inventory tracking capabilities, allowing you to track, transfer and monitor your inventory levels quickly. You can easily integrate barcode scanning hardware with DENALI to streamline you processes and eliminate costly errors. You can also set reorder points (maximum/minimum) for each product in each location to automate the purchase order process and run the understock report to quickly control on-hand product quantities. Finally, DENALI comes with an inventory dashboard feature that allows you to view key metrics at a glance for more informed inventory decision making.
Products are the lifeblood of your business and inventory control is crucial in today’s hyper-competitive world. Choosing an inventory system that addresses these key features is a critical decision in a climate where good decision making is vital.
accounting software automated purchase orders bar code scanner dashboards inventory control system multi location inventory

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