An Inventory Tracking Program Delivers Lasting, Far-Reaching Benefits

By March 24, 2017Asset Tracking, Blog

An Inventory Tracking Program Delivers Lasting, Far-Reaching Benefits

An inventory tracking program is an investment you’ll want to make before chaos strikes. In fact, it’s probably one of the smartest moves you can make for the future of your organization. After all, inventory isn’t just about the movement of items and out of your company. It’s about vendor relationships, productivity, morale and customer service. That’s why waiting until you have a major error on your hands isn’t a wise strategy.

Imagine, for example, that you have an understock situation. Your customers want to spend money with you, and now you can’t. The most loyal among them may be willing to wait, but the odds aren’t in your favor. In this competitive climate, they can find someone else to meet their needs. New customers won’t get a favorable first impression of your company, and you may have just lost them for good. In either scenario, a disgruntled customer might be inspired to share his or her negative experience with friends through word of mouth or, worse, on social media. Peer reviews hold more weight today than ever. In that same understock scenario, your employees are left with the frustrating task of communicating that product outage. Repeat that exercise a few times, and morale goes down the tubes.

Some companies out there are still relying on manual spreadsheets to track and manage their inventory. While it’s better than nothing, it’s not much better. Humans make mistakes. It’s all too easy to make a typo, forget to add an important piece of data or accidentally delete an item (or the entire spreadsheet, for that matter). If you’ve got multiple employees assigned to a manual inventory tracking program, then you’re asking for crossed signals, duplication of effort or some other variety of confusion. And it’s difficult, if not impossible, to merge those spreadsheets into one cohesive document.

A software is a way to go with an inventory tracking program. And you’ll want a solution that’s simple to manage, allows for multiple users and adapts to the way you work. Asset Panda invested years of research, development, and testing before launching the world’s most powerful, yet simple mobile inventory tracking program. The platform is based on free mobile iOS and Android apps that sync with the cloud to deliver real-time data 24 hours a day. The reality is that business never sleeps, so anytime access to current information is vital.

With Asset Panda, simplicity is key. The app includes a mobile barcode scanner, so there’s no need to purchase an additional handheld barcode scanner – or any additional hardware, software or software licenses. All your employees need to track and manage their inventory are the mobile devices they already carry. In the palm of your hand, using your smartphone or tablet, you can anticipate and avoid run-outs or excess inventory, therefore saving your organization money, frustration and waste. You can take a 30,000-foot view of your inventory, issue reports and make informed financial decisions. Every Asset Panda client is entitled to an unlimited number of users at no additional fee, which empowers you to bring every inventory stakeholder into the conversation for greater accountability and accuracy.

The app is completely customizable; you call the shots on how your data is displayed, from the custom dashboard, fields and columns to notifications, alerts, reports and security settings, among other features. The features list is robust and continually expanding. Every Asset Panda account is a premium account, so you chose the features relevant to your needs, and make changes as you see fit. Your employees won’t need extensive training to master the tool; Asset Panda is so user-friendly that anyone can use it.

Best of all, Asset Panda is flexible enough to incorporate new technologies as they become available. Try the easiest and most cost-effective inventory tracking program on market free for 14 days. Visit assetpanda.com for more information.

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