Smart Inventory Management Practices

Modern technology is amazing. We have smart phones and Smart cars. When will inventory management get smart?

Smart inventory management, Fishbowl BlogMany businesses have already gotten smart about their inventory management by using software to handle a lot of their ordering, tracking, and counting procedures. Trying to keep track of your inventory by hand is impractical and unnecessary with all the leaps forward in technology. Plus, customers are not likely to let companies get away with outdated inventory practices.

Customers expect to find the products they’re looking for in stock and they appreciate prompt service. Companies that are able to deliver these things to them are likely to succeed.

Inventory management software helps you accomplish these things (and much more) by automating and speeding up processes. Here is a sample of ways that inventory management software makes doing business smarter:

  • Automatically create sales orders for specific jobs and vendors
  • Set pricing rules that apply to different groups of customers
  • Monitor inventory levels in multiple locations
  • Track inventory across supply chains
  • Link your inventory and accounting software packages to get rid of double data entry
  • And much more

Learn more about smart inventory management and start improving your business.

About Robert Lockard

Robert Lockard is a copywriter with Fishbowl. He writes for several blogs about inventory management, manufacturing, QuickBooks and small business. Fishbowl Inventory is the #1-requested inventory management software for QuickBooks users. Robert enjoys running, reading, writing, spending time with his wife and children, and watching movies. His favorite movies include Mr. Smith Goes to Washington, Fiddler on the Roof, Back to the Future and Lawrence of Arabia.
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