| If you're like most businesses, you started small. Your | | | | bar codes into your software package so that when |
| time was mostly spent on the front end of your | | | | you receive the product you can collect all of the |
| business selling and marketing your product. You | | | | necessary information with just a swipe. As your |
| spent a lot of your time learning how to perform all | | | | product or component moves through your process, |
| of the functions of your business yourself. It was | | | | you can use the bar code reader to collect all of the |
| easier then! You weren't selling that much so there | | | | status information. The Inventory Management |
| was not a lot of information that needed to be | | | | Software package will process all of this information |
| collected. In fact, most of the information was | | | | and return it to you in a form you can take action |
| stored in your head! Pretty soon you started to | | | | on. |
| grow and all of the activities required more effort. | | | | As your business grows, you can simply add more |
| Problem was, you were so busy dealing with your | | | | product bar codes into your system. You can also |
| increased sales that you couldn't get to some of the | | | | integrate your inventory management software with |
| back office functions that needed to be performed. | | | | other business systems including the financial and |
| Now you find yourself in a pickle! What to do? You | | | | point of sale systems. This eliminates tons of data |
| need information to deal with your customers. You | | | | entry hours as you will only have to enter |
| need to know what you have, where you have it, | | | | information once into your system. You can also link |
| how much it cost you and how long before you can | | | | your software to your supplier to automate the |
| get more. You need an Inventory Management | | | | ordering and billing functions. The system will also help |
| Software package! | | | | you eliminate waste as you will always know how |
| You need to be able to have the stock on hand to | | | | much product you have and where it is. This is also a |
| make that sale or know when you expect to receive | | | | theft deterrent. |
| the product. You need to know when to reorder, | | | | There are many types of Inventory Management |
| how long it will take and how much it will cost. If | | | | Software packages on the market today. Some are |
| your product is perishable you need to track | | | | canned packages that not only manage your |
| expiration dates. You need all of this information | | | | inventory, but also handle your accounting and point |
| made available to you in real time so you can make | | | | of sale functions. These canned systems are great |
| smart decisions and keep your customers happy. If | | | | and quickest to implement if you are willing to modify |
| you can accomplish this efficiently, you will be able to | | | | your business processes to conform to the software |
| devote more of your time to the activities you | | | | package. Other, more complex systems are highly |
| enjoy most and that are most important to your | | | | customizable. These systems will require more effort |
| business. | | | | to setup and will cost more but will be able to |
| With a new inventory management software | | | | conform a bit more to your way of doing things. A |
| package, you can automate many of the routine | | | | well integrated Inventory Management Software |
| tasks you do every day. You can setup a bar code | | | | package will give your business an edge and position |
| system to collect data at each step of your process. | | | | you for future profitable and sustained growth. |
| Working with your supplier, you can input the product | | | | |