The number of inventory software currently on the market is large, making the selection process rather confusing if you don’t know what to look for. The key – and this is true for any organization, large or small – is to locate inventory softwares that are powerful, yet intuitive and easy to use; offer a robust, yet customizable selection of features; flexible, allowing your company to easily integrate it with legacy systems; and scalable, so it accommodates your needs as your company continues to grow.
The primary benefit people tend to associate with inventory softwares is the management of inventory levels – in other words, keeping that careful balance between too much and too little inventory. That’s vitally important, but it’s not the only value associated with this an inventory management system. The right software can also reduce your overhead costs by helping you optimize storage in your warehouse. It can keep you retain your customers because you’re ensuring that they don’t have to wait for the products they want. It can also help you spot trends and accurately predict occasions during which you’ll need more or less inventory. Other benefits include the syncing of your in-store and/or online sales to your inventory levels; assistance with maintaining the right mix of products; prevention of product spoilage; tracking the movement of inventory between locations; the management of your fixed assets; and general financial planning.
Relying on Excel spreadsheets for your inventory management needs may be less expensive at the outset, but it’s a costly route in the long run. Errors can throw off your recordkeeping, and you’re likely to spend hours checking and rechecking your figures. Static spreadsheets can’t stay up to speed with your ever-changing data; nor can they consolidate input for multiple sources. Those spreadsheets also don’t provide you with the means to analyze trends and make forecasting decisions; and they don’t do a terribly good job of preventing theft and/or loss.
Asset Panda invested years of research, development and testing to create the most powerful among inventory softwares. When you consider the task of inventory management, it’s a function that demands mobile capability. After all, you and your employees are always on the go, and don’t want to be tied to a desktop computer when you’re in the warehouse. That’s why Asset Panda is based on a mobile, cloud-based platform. Download Asset Panda’s free iOS or Android app, and you’ve got everything you need to track the entire lifecycle of your inventory and assets in the palm of your hand. Your success depends upon the inclusion of every stakeholder in the communication loop. That’s why Asset Panda doesn’t place a cap on the number of users to which our clients are entitled. Our app is incredibly powerful, flexible and loaded with customizable features. Yet, it’s both intuitive and user-friendly, so you won’t need any special training to use it with confidence.
Track and manage inventory levels, values, the condition of items, and their exact whereabouts. Set up customized triggers to help you prevent outages. Create custom reports for insight and analysis. Save time and money while you prevent loss, theft and frustration. Increase accountability and accuracy throughout your organization. And, most important, keep your customers coming back for more.
Ready to work smarter? Asset Panda offers a free 14-day trial. To start yours, go to assetpanda.com