If you work in a company where inventory needs to be controlled so that you know what to order and what you have plenty of in the stock room, then consider inventory control software. There are programs that allow you to easily enter the number of items that you have on hand on the floor or in storage so that you can keep track of what needs to be ordered before the supplies get too low. One of the benefits of this type of software is that you will usually receive notices when the inventory gets low as you will enter into the system each time something is sold. There are some programs that can be linked to the point of sale system, keeping track of everything that is sold from the store automatically. This system offers a greater benefit because everything is tracked for you, allowing you to concentrate on running the business.
Even if you do have a system that will keep track of your inventory, it’s still important to manually count the items that you have on a regular basis, such as once a month, as electrical systems can make mistakes as well. Match the numbers with the system to ensure that they are the same. This will give you an idea as to what customers want, making it easy to order the items that are in high demand instead of wasting money on things that would probably sit on a shelf.
There are systems that will let you create lists based on the history of the sales in the company. Some of them can forecast what might be sold in the coming months based on sales in the past at the same time of the year. When you have completed a purchase order list, you can submit it electronically instead of mailing all of the paperwork or calling the warehouse to get an order shipped to the company. Most inventory systems will keep track of lost sales and special orders as well so that you can see if there is a trend in these departments before you place a large order that isn’t needed.