0 likes | 9 Views
Stock management is helpful for safety stock, also known as buffer stock. It means keeping a little more goods than you expect you will require. It is helpful if demand is unusually high or you want to exchange a faulty or damaged product.
E N D
STOCK MANAGEMENT SOFTWARE Stock Management- Meaning Stock Management Software- Definition Benefits of stock management software Components of Stock Management Software Features of Stock Management Software 7068073935 www.eazybills.com
STOCK MANAGEMENT- MEANING Stock management is helpful for safety stock, also known as buffer stock. It means keeping a little more goods than you expect you will require. It is helpful if demand is unusually high or you want to exchange a faulty or damaged product.
STOCK MANAGEMENT SOFTWARE- DEFINITION Stock Management Software is a computer-based system that tracks stock levels, orders, sales, and deliveries. With the help of free stock management software, you can successfully supervise the constant flow of the stocks into and out of a currently existing stock.
BENEFITS OF STOCK MANAGEMENT SOFTWARE Some of the benefits you will get by having stock management software in your company are: It Improves your company's cash flow and has a higher inventory turnover. It identifies the seasonality of your products and will help you plan better. It quickly detects slow-moving items to develop strategies to get rid of them quickly. It reduces the freight costs for more significant planning and reduction of emergency purchases. It monitors the quality of products so they are well-identified and controlled. It helps free up and optimize your stock's space to increase profitability per square meter of storage. It holds incoming, outgoing, and location of goods.
COMPONENTS OF STOCK MANAGEMENT SOFTWARE Presentations are communication tools that can be used as demonstrations, lectures, speeches, reports, and more. It is mostly presented before an audience. Barcode Scanner- It is an electronic gadget for reading printed barcodes. Mobile Computer- Mobile computing takes a computer and all the necessary files and software into the field. Inventory Software- It controls and tracks warehouse or point-of-sale inventory. Barcode label- It is a material with a sticky backing and a printed barcode on the face.
FEATURES OF STOCK MANAGEMENT SOFTWARE Order Management- A company's stock management software tells managers to reorder products. It helps to prevent the companies from running out of products. Asset Tracking- When a product is in the storehouse, it is easily trackable with a barcode or using other tracking criteria such as serial number, revision number, or lot number. Service Management- Stock management software also tracks the cost of the materials used to provide the services in the case of service-oriented industries. Product Identification- Barcodes input the data on the products and various orders in the stock management software using barcode read
THANK YOU www.eazybills.com 70680 73935 info@eazybills.com