2. 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.

3. 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.

4. 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 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.

5. Which software to install? This is not an easy question to answer. There is
a plethora of such software’s available in the market. 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 pertaining to the
IM software.