The Best Inventory Management Software For Small Business
In this competitive business world, small business men can significantly improve profitability by 30-40% through inventory software. If you are not familiar with a POS software or inventory management software, then you are right the place. This article will focus on things that you should learn about IMS and how our Oversee POS software is best for your small business.
What is Inventory Management Software?
Inventory management software is a technological substitute for traditional inventory tracking method which is done with paper and pen or in spreadsheets. Inventory management software is a software which used to track inventory levels, orders, sales and deliveries. It is also used to create other production related documents like a work order and bill of materials.
Purpose
Retail inventory management for small business is used mainly to track orders in warehouses and as they are transported between warehouses and finally to a retail store location or directly to the customers.
Apart from tracking stocks and order it is used for various other purposes like
- Ensuring the order balance between most and least selling products while ordering stock from the vendor.
- Tracking products as it transported from one location to the other. (Mostly, between the warehouses)
- Mitigating the risk of product wastage and spoilage.
- Picking, packing and shipping of products.
- Integrating with existing accounting software or point of sale software.
- Completely eliminating out-of-order situations.
How Oversee POS is best?
Oversee POS software is a cloud based POS software integrated with best best inventory management system. With the help of our stock management features, it is easy for small business owners and managers to manage stock in their warehouse.
Oversee POS billing software for retail store has smart features which auto-order stocks directly from vendors when the assigned product limit is reached.
Moreover, our highly compatible device can integrate with many existing third-party software and hardware in your store to ease out your pain of buying a complete new set of retail POS solution.
Our cloud based POS solution also securely stores data on a remote server to safeguard your business detail by backing up in our server. Oversee Point of sale solution will automatically sync the transactions processed offline, once the internet connectivity is detected after an unexpected connectivity interruption.
