Inventory Management Software is an
absolutely compatible and competent application to deal with inventory of
several commercial and non-commercial industries such as Clothing, Electronics,
Medical, Hotel, Food, Stationery, Shoe, Retail Chains, Shopping Malls and other
business entities. It handles invoicing, stock movement and customer details
easily and rapidly via interactive, user friendly interface.
Any businesses, no matter how big or how
small, have a large amount of inventory that needs to be managed. If you try to
do it manually, it can be quite difficult. Using a pen and paper inventory
management system tends to errors or, even worse, pages can be lost or
destroyed accidentally. To eliminate these errors and make the entire process
easier, business entities can invest in inventorymanagement software.
At the basic level how do we manage
inventory?
- Product Category is created.
- Product is added to the category.
- Vendor details are added.
- Purchase orders are created.
- Purchase Orders is generated.
- Purchase voucher is created.
- Invoice entry is made.
- Payment is done.
- Customer details are added.