Stock Management Software – The Importance of a Digital Solution
The last protective gloves have been used up or no one has let it be known that the printer cartridges have run out? – Depending on the industry, companies have to deal with different problems regarding the management of their consumables.
However, they all have one thing in common: annoyance and effort, possibly also additional costs, if the material and stock management were not carried out reliably. A remedy is stock management software, with which one can always keep an eye on all consumables and bulk goods.
If materials in the warehouse are freely available to employees, this is practical, but it also ensures that stock levels are often not up to date and required items are reordered too late. Therefore, it makes much more sense and is also in keeping with the times to carry out stock accounting not manually, but digitally by means of software.
The employee who fetches materials from the warehouse does not have to laboriously enter this into an Excel list that may no longer be up to date. With a stock management software, they can simply scan the corresponding QR code with their smartphone, enter the number of items taken out and get back to work. – Scan, check out, take away.
The warehouse stock is always up to date and can be viewed by all colleagues. The warehouse staff can thus keep an eye on all incoming and outgoing goods and, if necessary, conveniently export the most important information in the desired format.
Is It Useful to Track Reorders in an Excel Warehouse Management System?
An equally big plus when using stock management software is automatic low-level notifications. The warehouse management app from Timly Software AG, for example, has such a function. The advantage: if the stock level falls below a predefined minimum, the responsible employee is automatically informed. This allows him or her to place a reorder promptly and always have an overview of the stock levels.
Thanks to the intuitive, easy handling of the software, colleagues can also check materials in and out very comfortably using the integrated barcode scanner. This makes stock management practical and effective, the stock market levels are correct and no re-ordering is missed.
Savings Through Stock Management Software
A modern stock management software stores the big data on consumables and bulk items in a historically traceable way. Not only inputs and outputs, quantity and storage location are recorded and continuously updated, but also the current monetary value can be stored.
Authorised employees can then analyse these records and use them to draw conclusions for further planning and warehouse management. In this way, resource planning (enterprise resource planning) can be particularly optimised in times of resource scarcity. This is because unused materials often lie in valuable, because scarce, storage areas. For cost reasons, it is also a good idea to use stock management software.
Warehouse Management Software for Small Businesses and Any Industry
Whether on construction sites, in large production or storage halls, in health care facilities, schools and universities, but also in the transport sector and in large offices – in a wide range of industries, simple inventory management software offers many advantages. Companies of all sizes benefit from inventory software.
The LANG group of companies from Bodenheim in Rhineland-Palatinate, for example, has already been using the Timly software since 2019. The company has been active in pipeline construction for several generations and, with around 90 employees, also has a lot of consumables to manage. The decision to use software for inventory and warehouse management arose from the desire to have a better and always up-to-date overview of the material. With the Timly inventory app as a digital solution, this has been achieved.