Business Software » Inventory Control

Business Inventory Software Control

admin — Thu, 18 Feb 2010 06:11:42 +0000

Any system, to be organized has to maintain a record of all the things it holds. From a small scale industry to a multinational company, every organization has to maintain a log of its inventory. Even for a home, an inventory record has to be maintained. This is generally done by the woman of the house, who knows exactly what items are present in the house, and where they are present. Inventory control is very essential to the functioning of a business because a company needs to know the stock it currently holds. Failure to do so may result in a dramatic collapse of both the goodwill of the company and in some cases, the company itself. For example, consider a computer manufacturing unit without a control system. Suppose it has the parts needed to manufacture about five thousand computers. If the company gets an order for the manufacture of fifteen thousand computers and accepts the order, it wouldn’t realize that it doesn’t have sufficient resources needed to meet the order till all five thousand computers have been manufactured. Even if it places orders for the parts at that time, it would result in stalling of the workforce till the parts arrive. Hence, control is extremely essential to any form of business, be it small or large. A business inventory software makes it easier to maintain a record of what is owned by a company.

There are various business inventory systems available on the Internet for download. A few of them are MatrixNet, MyHome System, ESInventory and Victoria Clothes Organizer. Let us now look at a couple of them in detail.

The Golden Inventory System is designed for large companies that have a huge inventory, generally tied to an ERP (Enterprise Resource Planning) division of a multi warehouse system. In this system, there are several functionalities. Distinct access rights can be assigned to different classes of employees. The system works using MS SQL server and database files. It can be run even in UNIX environment, not only Windows. The salient features of the Golden System are that it supports multiple users, multiple companies, multiple warehouses for a company, invoices, sales orders, labels with barcode support, barcode scanning, purchase orders, receiving inventory, support for purchase order approval process, vendor and customer payments tracking, inventory control, estimate, quote, reservations for sales orders, shipping and receiving, Point of Sale software and options related to it, work orders for manufacture operations, transfer between warehouses, screen and report permissions by users, screen customization support, export reports in excel files, etc.

The MyHome Inventory System is ideal for home and office environments. It has several features like multiple storage locations, control, shipping and receiving, transfer between locations, report wizard, screen customization support, etc. It is ideal for tracking home property.

The ESInventory is a universal inventory control tool that can be used anywhere, from homes to offices and companies. It has features supporting item creation, tracking, receiving, shipping and rental actions.

The Victoria Clothes organizer is a simple application that can be used to manage clothes. This has features like creation of clothing sets that will help create clothing sets for occasions, based on destination type, weather, temperature, etc. The user keys in all this information into the application and the software generates a set of clothes from the inventory to be worn for the occasion.

By: Dean Forster

Manufacturing Accounting Software – Finding the Right Software Solution For Your Business

admin — Thu, 07 Jan 2010 04:02:37 +0000

Manufacturing business accounting works similar to accounting in other organizations. It encompasses the accounting needs involved in the different stages as a raw material undergoes changes to end up as a finished product. The recording of the purchases, transactions and periodic inventory on a high level comprises of manufacturing accounting. However as the manufacturing industry has a diverse range of fields, needs and processes it is important to find the best manufacturing accounting software that will fit your organization. Whether the organization is big or small, a good manufacturing accounting software will help streamline the process and help the company stay organized.

It is essential to have control of these different aspects of the manufacturing organization and stay on top of the manufacturing needs of the industry. It is important to identify this need and improve the production capabilities to suit this growing industry demand. Having the right accounting software will benefit the company as follows

Automation Resource optimization Forecasting of trends and demand Close tracking and Monitoring Customer Relationship Management In order to realize the benefits, it is important to look for some key features in the product.

Estimation and budgeting Fixed Assets management General accounting Inventory control CRM Reporting Forecasting When finding the perfect manufacturing accounting software, keep in mind not just current needs, but also the growth patterns of the company. Find a product that is robust, flexible, reliable, secure and easy to use and implement. There are many options available in the market and a detailed analysis is essential to find a robust, cost effective solution. Some of the leading products available in the market are:

Peachtree Premium Accounting for Manufacturing by Sage
Open pro ERP software
Manufacturing accounting software by Synergy Business solutions

By: James K Murray

Small Business Inventory Software – The Wisest Investment You’ll Ever Make

admin — Mon, 09 Nov 2009 11:31:25 +0000

Small business inventory software improves productivity by allowing business owners to keep track of all goods and items. Inventory is one of your business’s most critical assets, and properly managing that inventory enables you to serve your customers while also staying nimble, and not keeping too much of your cash tied up. Managing inventory can be a laborious task, but there are many affordable solutions.

Running a small business is never an easy task. According to statistics, the majority of new small business end up bankrupt and the main reason for this failure is attributed to poor record keeping, which results in out-of-stock merchandise, wrong invoicing and lost opportunities. If you don’t want this to happen to you, then you should consider investing in small business inventory software. It just might be the best investment you make within your business.

Just because it is a small business this does not mean the software has an easy task. Inventory control is more than just tracking stock levels. Small Business Inventory Software is a solution that tracks your merchandise from its purchase order to the supplier and all the way to invoicing and receiving payment from your customers.

A big advantage of running this type of software in your business is that it works directly with bar codes and serial numbers of every item that you have in stock. This means it’s easier to enter new items, as you can just scan them and the software will add the description of the product and it’s bar code in a database. There could also be a function showing you exactly what you can assemble with the items that are in stock and which items might limit the building process.

If you only have limited funds, then you could try working with MS Excel. Microsoft Office Excel 2007 can help you track the bottom line and generate reports. With Excel 2007, you can manipulate data, but you’ll have to enter everything by hand – which can lead to mistakes.

It uses a familiar Explorer-like interface for navigation between Vendors, Items, and Customers. SBIC allows you to create invoices, purchase orders, packing slips and ships with 20 standard inventory and sales related Reports that are only a click away. SBIC inventory databases are based on a Microsoft Access database and can be shared on a server to allow for multi-user access.

However, there are plenty of very good inventory control and tracking options available and small business software can be found for around $250. This should be able to handle everything you throw at it unless you have very specific tasks to perform in which case you may want to consider a customised option.

By: Dawn Smith