1. Inventory Management Software : Features
Inventory forms one of the biggest investments in manufacturing and trading
sectors. Huge capital blocked in inventory, inability to identify products, multiplicity
of products, product freshness, order of arrival, guarantee/ warranty periods,
handling and a host of related issues can confound any individual assigned the task
of materials management. The solution lies in installing a software that will solve
these problems and evolve a system for continuous operation and evaluation.
Inventory Management Software is an absolutely compatible and competent
application to deal with inventory of several commercial and non-commercial
industries such as Clothing, Electronics, Aeronautics, Mechanical, Medical, Hotel,
Food, Stationery, Shoe, Retail Chains, Online Shopping Malls and other business. It
handles invoicing, stock movement and customer details easily and rapidly via
interactive, user friendly interface.
Inventory Management Software is extremely economical and a compliant package
for all common window platforms like 98, NT, 2000, XP and Vista.
Key Features:
• Inexpensive, advanced and swift.
• Easy to configure and install
• Complies with all Windows operating systems.
Inventory Management Software is basically focused to derive stock balance, sales
record, restore stock, goods record, goods category distribution, customer order
records, invoice, price system, backup stock, reports customization, order
processing, purchase order, pay orders and significantly reducing paper work. The
application offers a broad and innovative inventory management resolution to
synchronize items, stocks, cumulative productivity of stores, managing sufficient
supplies by implanting modular classification of the entire process. Inventory
management software is best suited to keep track of the records of sale, purchase
and vendor prices of all the goods stocked in the system. Inventory package includes
specific features like barcode reading for price identification, Multi-currency
adoption to identified rates, reports generation for fast, precise analysis of goods,
stock, quantity, prices, manufacturers, suppliers, vendors and sales. Expiry alert for
various items, print preview option for flexible, multi-user compatibility, security
with approvals and more.
Disadvantages :
Like every software inventory management software is not a total bundle of
advantage. There are disadvantages too. For a small company the cost overrun of
installing such software is very high. Barcode readers don’t come cheap. No data is

2. reliable unless updations is made continuously. When a software company walks out
replacement is a laborious process that includes training and recasting data.
Nowadays updations is carried out on a dynamic basis with PCs, iPods and Androids
which can be connected to the central unit. Despite these disadvantages the utility of
inventory management software far outweighs these minor snags. The enormous
quantity of inventory, the capital involved and the necessity to keep the supply-
production- distribution channel alive is enough for any right thinking materials
personnel to seek out and latch on to an inventory management software most
appropriate to the performance of the company. inventory management software -
Which software to install? This is not an easy question to answer. There is a plethora
of such software’s available. Each one with its own tall claims. Information from
industry sources and similar business. Ventures will be a right indicator. Besides
there are reliable software consultants who can provide valuable and relevant data.
Anil Bhat
Cell : +91 – 9911 720 780
Email : sanganaktechnologies@gmail.com
Url : http://www.sanganaktechnologies.com