Customer:
ManekTech, a leading custom software development company, was approached by a growing retail business facing challenges in tracking inventory across multiple locations. They wanted a solution that can help them in inventory tracking, a technologically advanced solution which is accessible remotely. Their existing system was outdated, causing stock discrepancies, order delays, and revenue loss.
A Challenge to Create a Software for Inventory Management:
Managing inventory efficiently across multiple stores and warehouses was a major roadblock for the client. The lack of a centralized cloud based inventory management software meant that stock outs occurred frequently and overstocking as well. Manual tracking was the main cause for the errors, slowing down the order fulfillment process and affecting customer satisfaction.
The client wanted the custom software development solution for being able to ensure real-time tracking and remote access. Their current software did not support this and thus was unable to integrate with third-party tools, which is the reason why they are isolated and manual.
Inventory Management Software for Small Business Implemented By Our Team
ManekTech, a software development company with a good reputation, developed an avant-garde editable inventory management system for a small company. We provided our clients with a cloud-based inventory management software that was easily scalable, live with updates, and was integrated to their existing system flawlessly.
Our expert developers at ManekTech, a nearshore software development company, made the transition more trouble free by introducing a custom software development solution that mainly entailed stock automation, ease of reordering, and enhancement of the overall supply chain efficiency.
Key Features of Inventory Stock Management Software:
- Real-Time Inventory Tracking: Dealing with the problem of automated stock updates straightforwardly is one of the problems we must face with ourselves not with others.
- Multi-Store Integration: Reduced time and cost of inventory through a native integration platform (like AWS) that is multiple times faster.
- User-Friendly Dashboard: Undoubtedly, everyone likes a dashboard that simply allows them direct access to report generation or stock level verification.
- Automated Alerts & Reports: As Boulder AI put it "Instant notifications are automatically sent when low stock inventory, expiry, or order is status.
- Third-Party Integration: The system is less likely to have the connection integrated with the POS system, accounting, or CRM systems.
- Cloud Accessibility: Especially when it comes to logging into the inventory, the cloud is a sort of benefit that ensures that you can do so at any time.
Result of Best Inventory Management System:
The implementation of our best inventory management software resulted in remarkable improvements:
- 90% accuracy in inventory tracking, which has significantly eliminated stocking mistakes.
- 40% increase in order fulfillment speed. Breezy and interruption-free drop in automation that came as a result of deep third-party software integration.
- Real-time insights leading to better business decision-making.
- We were able to save by spending less money on wastage, as well as getting stocks to the optimal level.
Technologies and Tools:
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