How Inventory Software Can Save Your Company Time

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As a smaller business, you've only got so much time in the day. You've thought about adopting an inventory software, but you don't feel like you have the time or energy to find something that works for you, and then train your team on using it. However, despite feeling like you won't be able to invest in the right program, the benefits you'll receive in doing so will strongly outweigh the burden of taking the time to implement it.

Here are all the ways using an inventory software solution can save you time.

Reduces Number of Man Hours


Keeping your inventory updated takes many man hours. From bringing in a new shipment to making sure everything is in the right place, and then constantly updating your inventory records, it's easy to sink many hours into the process. When you use inventory software, you'll be able to track when a new shipment is arriving, as well as locate items necessary for completing work orders. Your employees won't spend valuable time trying to track something down, as they'll be able to find out exactly where it is.

Inventory Software Organizes Your Records in a Straightforward Way


Another aspect of keeping inventory that can take a long time is updating and locating inventory records. Using pen and paper or even a spreadsheet can get complicated fast. While you or one of your employees might be able to understand a manual system, it can take a lot of time to teach new hires how to use the process. Many people also have a hard time understanding how spreadsheets are set up. Using the right software program will make it easy for all of your team members to find the records they need, and update them as they are working.

Decrease Decision Making Time by Keeping Inventory Data


One of the reasons you keep your inventory records is to help you make purchasing decisions. You need to know what items your company uses most often, and which ones tend to sit on the shelf. When it comes time to purchase more product or materials from your vendors, you need to know how much and what kind to order. Having easily accessible inventory records makes it easy for you to quickly identify what you need and when you need it. Legacy data will show you trends over time, and you can plan accordingly.

Locate Inventory Items in Seconds


When your employees need to find something located in your inventory, it can seem like it takes them hours to find one item. If your inventory isn't organized well, it's easy to get lost. However, having a well-organized inventory with helpful labels in your software will help your employees know exactly where the items they need are at. They can then get back to work in no time.

 

Asset Panda realizes that using an inventory software can seem a little daunting. That's why we created our platform in such a way that you can easily understand what you're looking at. Our cloud-based platform makes it easy for you and your team to access inventory data from the floor and also back in the office. You won't need to spend a lot of time figuring out how to use the software, as our flexible interface is intuitive and easy to use.

Check out how much time Cellular One saves each week on their inventory by using Asset Panda!

 
By:

Bree Brouwer

Bree has held plenty of media- and marketing-related jobs over the years now, like working as a PR and marketing assistant to a Hollywood screenwriting coach, and writing content for three different digital marketing agencies.

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