Yuva IMS aims at save time and stay organized. Organize your orders, customers and inventory all in one place. Use barcodes for tracking stock. With everything all together, you’ll get what you need, on time. Inventory management software helps businesses manage and track inventory, purchasing, sales, and deliveries. Inventory management software is often used by businesses to identify and eliminate inefficiencies in the movement of inventory between locations.
Inventory management software is a software system for tracking inventory levels, orders, sales and deliveries. It can also be used in the manufacturing industry to create a work order, bill of materials and other production-related documents. Companies use inventory management software to avoid product overstock and outages. It is a tool for organizing inventory data that before was generally stored in hard-copy form or in spreadsheets.
Some stand-alone features of Yuva IMS: -
When a product is in a warehouse or store, it can be tracked via its barcode and/or other tracking criteria, such as serial number, lot number or revision number. Systems. for Business, Encyclopedia of Business, ...2nd ed. Nowadays, inventory management software often utilizes barcode, radio-frequency identification (RFID), and/or wireless tracking technology.
Companies that are primarily service-oriented rather than product-oriented can use inventory management software to track the cost of the materials they use to provide services, such as cleaning supplies. This way... they can attach prices to their services that reflect the total cost of performing them.
Should inventory reach a specific threshold, a company's inventory management system can be programmed to tell managers to reorder that product. This helps companies avoid running... out of products or tying up too much capital in inventory.