Elements of Inventory Tracking Software

Business operations can be enhanced with good inventory management. Inventory tracking helps you determine future requirements based on information regarding variables that can improve or reduce sales, such as transportation costs, warehouse space, market fluctuations, and vendor reports. Make inventory tracking easier by introducing a good inventory tracking software into your business. You can tell that the software is good if it has the following features:

• Ease of use. Your software needs to be user-friendly and compatible with your existing computer or data systems.
• Simplified data entry. A good inventory tracking system lets you enter data easily, but still gives you the option to manually enter codes. There are tracking software that can obtain information through barcode scanning.
• Security. Of course, you need to make sure that the software can prevent theft or prying eyes from accessing your data. For added convenience, security features can include tracking of data access, so you'll know who accessed the data and when.
• Electronic Data Interchange. There are software developers who have integrated online and shipping inventory access from FedEx and UPS on mobile devices. This feature is useful for wholesale distributors and manufacturers.
• Cloud-based. This makes the inventory easily accessible by everyone in your inventory management team from their tablet, computer, or smartphone. This enables them to easily make changes and update the information in real time.
• Custom reports. Some types of inventory tracking software provide customised reports that can be sent to you on a scheduled basis. This lets you view the summary of inventory reports.
• Keeps you well-informed. An inventory tracking software must tell you what's in stock, what you've ordered and when it will arrive, and what you have sold. It eliminates the need for you to manually check on those things, making the tracking process easier. It can also simplify control over inventory rights when using POS (point-of-sale) software systems. It gives you the option to track sales and pricing of the products, too.

Delivery Tracking Software: A Must For Your Supply Chain

Logistics is crucial for a business that makes products from parts acquired from suppliers and then sold to customers. Whether you have a simple or complicated supply chain, you need a delivery tracking software to make sure that the flow of your transactions and delivery of items go smoothly. A supply chain needs to be monitored to ensure efficiency and productivity. A delivery tracking software can help you monitor the costs and possible errors, too.

Like most supply chain organisations, you probably deal with challenges like time constraints, costs, and product or service quality. You need to make sure that you can promptly and cost-effectively get the right products to their customers.  A delivery tracking software can simplify the workload in your company and help your supply chain business continue to thrive.

Without the right tracking tools, it is easy for your company to be left behind. Even if you are running a small supply chain business, you need to make sure that your products can be delivered on time. High-quality tracking tools are available at a more affordable price and they are versatile enough to be compatible with your computer or your smartphone and tablet.

With delivery tracking software, you can improve the productivity of the driver and user, minimise the average cost per delivery, improve the cash flow through potential same-day billing, and improve the accuracy of delivery by reducing second runs and returns. The software ensures SLA compliance by providing real-time updates on the status. You can also reduce expenses on vehicle maintenance, fuel speed, administration, paperwork, and mobile phone bills.

It's important to get a reliable delivery tracking software for your supply chain business. Make sure that it can provide you with features like real time job monitoring and dispatch, full item tracking and tracing, electronic proof of delivery, GPS vehicle tracking, and system integration.