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Do You Need Better Inventory Management?

Do You Need Better Inventory Management?

April 15, 2019
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inventory management

Image by mohamed Hassan from Pixabay

How is your inventory management these days? Does it do everything that you want it to do? Could it use a few improvements? At Ayoka, we build custom inventory management solutions. We start by learning all about our clients’ needs. Then, we build customized, individual solutions to meet all of their inventory challenges. At Ayoka, we know that every client is unique. Why use a cookie-cutter solution when you could have the perfect inventory software? Below, we’ve listed the things that a good inventory software should accomplish. If your current software can’t handle the things we’ve listed here, then it’s time to move on.

Real-Time Visuals

Do you still rely on spreadsheets? You shouldn’t have to. With Ayoka’s help, you could have real-time visuals instead. When you have your data in a visual format, you don’t have to waste time on interpretation. Need to make some new orders? You’ll notice right away. Plus, spreadsheets and other low-tech resources leave too much room for human error. Find a software that offers real-time visuals instead, and you’ll avoid costly mistakes. Furthermore, you’ll save time on manual entry. Even if you add nothing else to your inventory management, having real-time visuals can transform the way that you do business.

A Complete Set of Tools

Does your inventory management system have all the tools that you need? Or does it come with a lot of limits? When you want to take control of your inventory, it’s not enough to know what you have and what you don’t have. A good inventory management system will go beyond the basics. For example, can you track the amount of time that a product has stayed on the shelf? Can you track in batches or other units, depending on what you want? Can you assign factors that determine the valuation of goods? If you don’t have all the tools you need, that means that you’re settling for less. It’s your inventory. You should manage it how you like to manage it.

Warehouse and Inter-Company Tracking

Obviously, a good inventory tracking system comes with excellent warehouse management. When you control your warehouse inventory, you get better overall warehouse management. Your teams will know when it’s time to restock shelves. You can also use your warehouse system to organize your inventory-related workflow. When you have the right inventory software, you may notice more efficiency in your warehouses.

Furthermore, the right inventory software will help you with inter-company tracking. When you have a B2B company or just make a lot of shipments, the most nerve-wracking part of inventory tracking is when the product is out of your hands. The right software will give you tools to keep tracking your inventory until it reaches its destination.

In-Store Visibility

Better Inventory management also means better in-store visibility. If you run a retail store, you need excellent inventory management. In-store visibility means that you get to see how well your products perform. You can set up reorder dates based on how long your products stay on the shelves. When you have the right data management to go with your inventory management, you can also use that data to increase your product sales. P.S. – Do you need better data management? Ayoka can help you with that, too.

Barcodes Make Life Easier

Just a few weeks ago, we wrote about how barcode software can make inventory tracking easier. Those who choose to add them notice a lot of benefits. When it comes to inventory tracking, barcodes can give you instant information. They enhance your real-time product visibility from day one. They don’t take long at all to learn, so you won’t have to spend too much time training. Barcodes are a simple, straightforward addition that can enhance your inventory management software.

Tracking Sensitive Materials

If your company deals with sensitive materials, then you absolutely need a top-level inventory management software. We discussed sensitive materials in the aforementioned post on barcodes. When your business deals with food, medical supplies, medications, or volatile substances, then you must have an excellent system for tracking those things. As we’ve mentioned in the past, barcodes help. It also helps to have an efficient, accurate system. At Ayoka, we can develop the system that will work perfectly with your business.

Customization for Your Needs

What do all of the above points have in common? They’re all better with customization. Like we said from the start, no two businesses are alike. Your inventory needs are not the same as everybody else’s inventory needs. We know that your business has nuances and intricacies. Customization will help you handle all of them.

Inventory Management With Ayoka

Ready for your best inventory management software? Talk to the Ayoka team today. Contact us to ask about your free consultation. If you’re not getting what you need from your current software, we’ll build you something better.

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