Proper inventory is important to all businesses of any forms. It helps monitor how many stocks is currently at hand and how many can be produced within that limit of materials. Although manual inventory is plausible especially for small enterprises, it is still highly impractical due to many factors such as human error.
This is where inventory programs come into play. Companies that are into the food industry often use a Restaurant Inventory Management Software to monitor how many raw ingredients are still available and until when it would last. Specialized systems like this are preferable because they have features that are specific to the service the industry offers.
Officewise Inventory Software
What Features Should You Look For?
Different programs offer different features to the end users. However, there are specific features which you should really look for when choosing an Inventory Control Software. They are as follows:
Real-Time Stock Update
When you take out some of your resources, it should reflect immediately on your inventory balance. This helps you avoid releasing the same stocks over again even if you already ran out of it. Similarly, when you input new stocks, it automatically updates your terminals where workers get it from.
Correction of Number of Stocks
There are instances when the number in your inventory does not coincide with your actual stocks. You can audit all the ins and outs of your stocks, then manually update your inventory management. Though, you have to make sure that not anyone can just do this for safety measures.
This feature allows you to set a specific price for a specific customer. This way, you won’t have to constantly change the price for every transaction. Also, you can set discounts ahead to ensure smoother process during check out.
Multiple Warehouse Inventory
You will also need to have access to your other warehouses. Cross and check your overall balance and manage every transfer of stocks remotely.
Inventoria Inventory Software for Mac
InFlow Inventory for Windows
Easify Software – Most Popular Software
Some More Features to Check
Aside from the ones above, there are some more features of an Inventory Tracking Software that will come in handy for your business.
Tracking of Expiration Dates
This is very important for companies in the food business. Usually, the expiry date appears on the product details, while on other times it really sorts the stocks from the closest to the farthest expiration date.
Product Details with Images
Aside from the name of the product and its manufacturer, you can also store a brief description of the product and its image. This will help any of your employees identify it. Also, it can be a word of caution for products with chemicals.
Unit of Measurement
It is important to check what units of measurement are available for use. You have to make sure that the unit reflected on your system’s display is the same as the unit of the actual product.
In any case, you need to look back on your previous inventory balance, you would need the history feature of the software. In there, you can trace all change in your stocks from the moment it was added to the last time it was withdrawn.
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