Inventory can easily get out of hand and feel completely unmanageable. However, keeping an inventory track will help your company to make the process more efficient and become something that your company doesn’t dread doing.
Many companies have tried to keep track of items in their inventory by using spreadsheets to manage product, work orders, and equipment listings. However, when more than one person starts using the spreadsheet, it can become a messy process. Especially if one employee doesn’t understand how the spreadsheet is set up, it is really easy to mess up the system that is currently in place. If your company can afford to designate one person to keep track of all of your inventory, using a spreadsheet might be okay. However, if your inventory is too big for one person to manage, you will need a better system to keep track of your inventory.
One of the best solutions to solving inventory woes is to use an inventory tracking software. Implementing the right kind of software will help your company save a lot of time in keeping an inventory track. This software helps your business to track thousands of items in stock with lightning speed. Using barcode systems, you can enter any item into your company database and update records of each item. Keeping these records will help you and your team better track equipment you use on a day to day basis. You’ll also be able to see how your products are performing and can make decisions on which products you need to stock more of, and which ones need to be phased out.
A common issue that arises while doing inventory is data entry errors. Despite good intentions, people make mistakes. Simply misplacing a zero can mean the difference between having enough to fill your shelves, and having more than your entire warehouse can hold. Using the right inventory software will help your team avoid mistakes in inventory tracking, which will then help your company to stock the right amount of product on your shelves and in your warehouses. Getting too much product can be a drain on company resources, and in a worst case scenario can mean the difference between continuing to operate and needing to shut your doors.
Asset Panda’s software makes it easy for your company to keep an accurate inventory track of all of your products, assets, equipment, and tools that help keep your business running. Our cloud-based database makes it easy for all of your team to log in to your inventory records at any time, from any location to access records and update entries. You won’t have to worry about spending hours each week figuring out where the items in your inventory are located because you’ll be able to look up any information you need from our mobile app.
Our software was also designed to be easy to use. We know how hard it can be to learn to use a new platform, especially when you already have a lot of work to keep track of. Asset Panda’s flexibility makes it easy for our software to become whatever you need it to be. If you don’t see a feature you need, there are several modules that you can add to improve functionality. Plus, our customer service is available to support you whenever you need.
Check out how Asset Panda helped this coffee company track their work orders and improve productivity! Then, sign up for our free 14-day trial to see for yourself how our software can help you with inventory.