What is an Inventory Management System?

When you decide to store your goods in a third party warehouse, you might become frustrated if there is not an easy way to keep up with your inventory and any incoming and outgoing products. However, many public warehouses now offer computer-based inventory management systems that can help you keep up with all of that and much more.

How Does It Work? 

A computer-based inventory software allows you access to your inventory information 24 hours a day, 7 days a week. Even though a third party might actually be maintaining your inventory and handling order fulfillment, you can log on from your home or office computer and check on things like tracking numbers, sales receipts, deliveries, inventory levels, production codes, weights, and much more. It can even be connected to your retail website. All of the information is viewable in real-time so you get the most accurate information.

Why Use an Inventory Management System?

When you are running a business from afar, an inventory management system can serve as your eyes and ears. It lets you know when you have overstocked a particular product. It can also alert you to potential shortages or products that are out of stock, preventing you from missing out on sales. If there is ever a discrepancy with a customer, you can pull up everything from tracking numbers to sales receipts to find out what went wrong and what you can do to increase your customer satisfaction. In the long run, an inventory management system saves you money and help your business run smoothly.

Bonded Service has over 15 years of experience working with inventory management systems. We use the most up-to-date technology to help ensure our clients’ products are handled efficiently. To learn more, contact us at 404-349-1466.