Inventory Management Software is an absolutely compatible and competent application to deal with inventory of several commercial and non-commercial industries such as Clothing, Electronics, Aeronautics, Mechanical, Medical, Hotel, Food, Stationery, Shoe, Retail Chains, Online Shopping Malls and other business. It handles invoicing, stock movement and customer details easily and rapidly via interactive, user friendly interface.
Many businesses, no matter how big or how small, have a large amount of inventory that needs to be managed. If you try to do it manually, it can be quite difficult. Using a pen and paper inventory management system allows for errors or, even worse, pages can be lost or destroyed accidentally. To eliminate these errors and make the entire process easier, business owners can invest in inventory management software.
Inventory management software are often dependent on the user. Hence, a menu-driven interface is the mandatory requirement of manufacturing inventory management software. The software is feature-rich and can perform multiple tasks like storage bin label printing, database searching, and auxiliary report printing. It can also import and export production-related data into a variety of different file formats. Furthermore, the software supports a multi-user environment.
AT the Basic Level How Do You Manage Inventory?
- Product Category is created.
- Product is added to the category.
- Vendor details are added.
- Purchase orders are created.
- Purchase Orders is generated.
- Purchase voucher is created.
- Invoice entry is made.
- Payment is done.
- Customer details are added.
- Sales orders are created.
- Billing and Invoice etc..