What exactly is inventory management software?

Inventory management software is a tool designed to track inventory levels, orders, sales, and deliveries. It tracks how much inventory you have in the warehouse management System, monitors stock at all the locations (on the shop floor, with subcontractors, etc.), and gives you visibility into where to store inventory, and when to order.

Inventory management software


Today, manufacturers prefer to invest in a cloud-based inventory management system that is well integrated within a business management solution such as ERP. Enterprise Resource Planning software (ERP) integrates all aspects of your business, from planning, and production to operations and dispatching.

Let’s see how inventory management software embedded in an ERP system can help your manufacturing business. 

Read on the functionality that Inventory Management Module offers in ERP software.

1. Inventory control

2. Inventory reports

3. Inventory audits

4. Direct shop shipment

5. ABC item analysis

6. Accurate forecasting

Inventory Management System gathers information to help users see inventory by item or by the warehouse. Your personalized, role-based dashboards will allow you to check inventory status, warehouse transfer, work-in-progress, quarantine, or shop floor.

Inventory Management System embedded in ERP system helps inventory professionals run and refresh manufacturing and purchasing plans to check for optimal inventory availability.

If you are still confused about what an Inventory Management System is and how it works, please feel free to get in touch with us.

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What exactly is inventory management software?

What is Inventory Management Software? Inventory management software is a tool designed to track inventory levels, orders, sales, and deliveries. It tracks how much inventory you have in the warehouse, monitors stock at all the locations (on the shop floor, with subcontractors, etc.), and gives you visibility into where to store inventory, and when to order.  Today, manufacturers prefer to invest in a cloud-based inventory management system that is well integrated within a business management solution such as ERP . Enterprise Resource Planning software (ERP) integrates all aspects of your business, from planning, and production to operations and dispatching. Let’s see how inventory management software embedded in an ERP system can help your manufacturing business. Read on the functionality that Inventory Management Module offers in ERP software.  Inventory control  Inventory reports Inventory audits  Direct shop shipment  ABC item analysis  Accurate forecasting  Inventory Managem
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