Inventory Management

Inventory Management

Many businesses, no matter how big or how small, have a large amount of inventory that needs to be managed. It can be difficult to manage inventories manually and often result in errors. To eliminate the errors and make the entire process easier, business owners can invest in inventory management software.


Inventory management software is designed to integrate with special hardware to keep track of a business's entire inventory. It can track how many items are in a warehouse, how many have been distributed, which clients have purchased items from your inventory, and when you should reorder items. Machines like bar code readers are often used to provide input to the software, although entering items manually may also be done.


Barcodes are used to capture data quickly and accurately into a computer. Used properly, barcodes can replace or enhance paper based tracking and data collection. In today’s fast paced business world bar coding is becoming a necessity, not an option. Any company’s future may soon depend upon the implementation of such a system.


A wide variety of bar-code printing and scanning solutions capable of handling most complex needs are available. With the implementation of data collection system the need for keying and re-keying is totally eliminated. Since the data is read and written by machine, possibilities of human error is avoided, shop floor paperwork is almost eliminated, thus decreasing worker time for clerical functions. Turn-around time is reduced with the availability of data/information via the local departmental computer.

 

Material Tracking System

A high-tech material tracking system enhances employee productivity. These systems integrate bar codes and a sophisticated customised software package that enables users to monitor and manage material movement within warehouses, manufacturing, distribution and utility facilities in real time. These systems are modular and can be used for receiving, storage, picking, transporting and inventory control. Each of these systems can be used independently or integrated to form a comprehensive material tracking system.

Inventory Management system provides information to efficiently manage the flow of materials, effectively utilize people and equipment, co-ordinate internal activities and communicate with customers.

 

C-DAC Hyderabad has developed an Enterprise Solution “e-SAVYA”. The solution empowers the SMEs with tools to manage their business operations more easily and effectively and utilise these tools to introduce technology, discipline and Industry best practices into their operations.

The inventory component of e-savya is available for free download – Click here for download.