The features you'll need can vary based on your business model and workflows, but here’s what a robust inventory management system should offer:
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Stock Tracking: Monitor stock levels, value, and profit/loss using FIFO, LIFO, or Weighted Average methods, depending on your preferences.
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Order Management: Handle the entire process from capturing orders to receiving goods from suppliers, and then packing and delivering to customers.
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Bundling and Composite Supplies: Combine items into bundles and manage composite supplies effortlessly.
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Flexible Tracking: Use barcode scanners, serial numbers, batch numbers, manufacturing part numbers, and SKUs.
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Low Stock Alerts: Get notified about items nearing depletion and reorder efficiently.
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Multi-Location Tracking: Keep tabs on stock across various locations and manage stock transfers.
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Accounting Integration: Sync with your accounting software to stay on top of cash flow and taxes.
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Support: Access friendly and straightforward support to assist with any issues.