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1. AUTOMATED INVENTORY MANAGEMENT FOR SMALL BUSINESS UPDATE
2. AUTOMATED INVENTORY MANAGEMENT FOR SMALL BUSINESS SOFTWARE

Time savingsĪutomating your inventory management saves a lot of time.

AUTOMATED INVENTORY MANAGEMENT FOR SMALL BUSINESS SOFTWARE

The software imports data from the systems that handle inventory to keep things up-to-date for you.

This means there are no entry errors, et cetera. Reduces human errorĪutomated inventory management greatly reduces human error by removing the human element from everything except the actual handling of the items. You can see whether an item is in the warehouse or on a truck for delivery.

AUTOMATED INVENTORY MANAGEMENT FOR SMALL BUSINESS UPDATE

As such, manual stock counts should be performed mostly to check for loss, rather than to update your knowledge of how much stock you have on hand.Īn automated system also gives you real-time visibility into the location of all your inventory. However, because automated systems are constantly updating and in contact with your POS software, they can keep a highly accurate count at all times.īecause the count is always highly accurate, this visibility reduces the need for physical counts. With manual inventory management, it’s only possible to have an estimation of how much stock you have on hand between counts. Real-time inventory visibilityĪutomated inventory management systems provide accurate real-time inventory counts of your stock. Automated inventory management helps your sales teams know what stock they have in-store, your marketing team to see what’s selling well, and gives your C-suite easy access to important inventory data. These benefits affect not only your inventory control team but your entire company. There are many benefits to automating your inventory management. What are the benefits of an automated inventory management system? Let’s talk about why you need an automated inventory management system. Despite this, 43% of SMBs don’t track their inventory at all. Now, even companies with a small amount of stock can find them useful. However, inventory management systems have become much more accessible for SMBs. These systems were originally only for companies with budgets and inventory that warranted the help. An automated inventory management system is software capable of doing many repetitive inventory management tasks on its own with little human effort.Īutomated inventory management systems are used by retailers, wholesalers, distributors, and other businesses that have to track inventory.