Inventory management software is a must in any sector that deals with stock or the movement of stock. If you are a distributor working over multiple locations, then your need for integrated
stock control software
systems is even greater than it is for most other business sectors. If you are still relying on static reporting of already out-of-date information, then you can't really know or understand what is happening within your business. Consequently, you face a host of potential problems, all of which risk the future prosperity of your business.
Common Problems that can be solved with Stock Control Software
The most common issues that are faced by distributors relying on outdated data include not knowing exactly which products are physically in each of your warehouses or distribution centres. There is also the problem of not having any information on where specific pieces of stock are within any given warehouse; and whether that stock is in a usable or saleable condition. At the other end of the spectrum, without suitable business inventory software, businesses can end up with too much stock and the potential to run out of storage space. In any of these situations, the result is a supply chain issue. Overstocking products leads to unused stock left with nowhere to go, taking up valuable space and reducing turnover and profitability. Understocking leads to lost orders, unhappy customers and poor reviews. The end result however, is the same as overstocking: reduced turnover and lower profits. In between these two supply chain issues are the more immediate issues that can be solved with inventory and sales management software, those of stock variation and missing materials. One of the end results of this is making unnecessary purchases that eat into your budget and ultimately your profitability. The other result is a tendency for staff and management disagreements, as one hand blames the other for losses, misplacements and even potentially for thefts; whether real or implied. None of these are outcomes that lead to a profitable business with happy customers, a growing customer base and confident, contented employees. At almost any stage however, these things can still be achieved through the deployment of inventory management software.
Sourcing Affordable Inventory Management Software for Your Business
The sooner you source affordable inventory and
warehouse management software
for your business, the quicker you can turn around the negative situation you find yourself in. However, this does not mean that you should jump at the first and cheapest piece of software that you find. Affordability is just as much about suitability and reliability as it is about price. Begin your search for the best software for inventory management within your budget by knowing what it is you need the software to provide. Inventory software needs to provide a real-time insight into what is happening across each and every one of your warehouses. However, this is the minimum that you should expect. Other aspects that make such software more affordable over the longer term is the ability to be able to link your inventory with sales, purchasing and other financial information across your entire organisation. This not only provides information for now, but also helps with forecasting and forward planning. Additionally, it assists you to work more effectively with your partners, such as your couriers or distributors and your suppliers, as well as providing a greatly improved and streamlined service to your customers. If you are unsure of where you will find such software, research is the answer. Spend time reading reviews of different software systems and suppliers and follow up on information and
. When searching reviews and testimonials, look out for specific information on the reliability and security of the software product, as well as how user-friendly the system is. Remember that you need your employees to be able to work the system for it to be effective. One company you should certainly consider reviewing is ES Consulting.
Reliability and Affordability in Inventory Management Software from ES Consulting
At ES Consulting, we can provide the reliability and
that your company needs. Our inventory management software, Barcoder 250, is designed to be flexible and to meet the needs of your company as it grows. It is compatible with Sage 50 and Sage 200, and allows you to see and track your stock from arrival through to delivery. If you want stock control software that will assist you in solving your current problems and has the capacity to grow with your business, then visit
and request a call back from one of our team today on 0845 867 2032.