Currently, more and more businesses are turning to cloud based software to manage their daily operations. According to research carried out by Merrill Lynch, the cloud computing market will top $160 billion in 2013. By 2014, Gartner predicts 60% of all server workloads will be on cloud-based platforms. On the business front, cloud based solutions can make inventory management easier, including handling supplies, recyclables, as well as works-in-progress. Since inventory represents money, its management plays a key role in the success of any business enterprise. This is where stockroom inventory computer application comes in handy. Advantages of using a web based inventory computer program include:
Real Time Tracking of Inventory
For startups and SMBs, tracking inventory in real time is very important. Not only can business owners track and collect data but also generate reports. At the same time, entrepreneurs can access cloud based inventory data from a wide range of internet enabled devices, including: smartphones, tablets, laptops, as well as traditional desktop PCs. In addition, you do not have to be inside your business premises to use web based inventory program. You can use your stockroom inventory software while on the road, at the airport, or at home.
With cloud based inventory solutions, businesses benefit from increased efficiency, resulting from the seamless integration of customer orders, shipping information, available stock, and transactions, in addition to streamlining communication between different departments. For example, management can pull reports from stockroom inventory computer applications to manage restocking requirements and bottlenecks.
Cut Down Hardware Expenses
VMI vendor managed inventory program resides in the cloud, meaning that business owners do not have to purchase and maintain expensive hardware. Instead, SMBs and startups can direct capital and profits towards expanding the business to reach a wider audience. Cloud based solutions also eliminate the need to hire a large IT workforce. Your service provider will take care of maintaining the stockroom inventory software.
Deploying web based inventory software is quite easy. All you have to do is pay for the stockroom inventory software and start using the inventory management tools via the internet. Such flexibility allows businesses to scale up relatively quickly without spending a large amount of money.
ISRP – inventory shipping receiving and picking software allows business owners to integrate with their existing systems with ease. For example, you can integrate the VMI vendor managed inventory software with purchase process systems, including the ability to integrate shipping routines, into your inventory software.
Proper inventory control can make the difference between the success and failure of a business operation. With this in mind, business owners should consider VMI vendor managed inventory software, making it easy for business employees to track the movement of supplies as well as works-in-process. In addition to better tracking, ISRP inventory shipping receiving and picking software can help businesses improve efficiency, as a result of accurate consolidation and reporting of available inventory, real time tracking of client and shipping orders, and returns. Finally, inventory solutions, which reside in the cloud, offer not only great flexibility, but also faster implementation.