Inventory Management Software

Inventory management is a critical issue to any company, regardless of its size. Tight control over inventory produces significant savings and fattens the bottom line. Yet, most small and mid-size businesses can not afford a modern inventory solution. But there are many Inventory Management solutions available in the market that are cheap and easy to use. Inventory Management Software are usually a universal inventory tracking solution, complete with customer management and order processing. It have features like Decision Support Analytical Reports, Intelligent Inventory Tracking System, Analytical Grid Layout, Bill Of Materials, Daily Business & Transaction Documents, the inventory management program can also generate automatic reports, e-mail invoices, send order notifications and export data to XML, MS Excel, HTML and ASCII formats.

Keeping inventory costs down is crucial to competitive advantage. Such kind of software helps companies slash inventory costs by providing tighter control of stock levels. It allows companies to set complex pricing rules based on individual customers, item variations, volume and more. And since inventory features are integrated with customer relationship management (CRM) features, your customers, sales representatives and partners can view updated inventory levels on your Web store.

Features in an inventory management software should include smart pricing module which allows setting and tracking prices by customer, vendor, location, season, event, item or other parameters. To improve sales, software product should be capable of creating professional-looking catalog with a few clicks. Real-time posting and online analysis are two features that are sure to be noted by web-based business owners.

Benefits of an Inventory Management Software:
- keep track of how much inventory you have on hand , when items were purchased and sold and print reports for printing or exporting to a spreadsheet program
- also tracks remaining inventory, reorder points and creates Purchase Orders
- easily creates Invoices, packing slips, shipping labels and inventory reports
- inventory management software are great for auction sellers or any small retail business!
- can translate Invoices and Reports into any language.
- can o rganize all your tasks, contacts, and even appointments .

Inventory Management Programs are perfect for asset tracking, inventory control, auction sellers , or any home business that needs to manage inventory.