The Versatility Of Mobile Inventory

Inventory management is crucial to the success of every business, and with the mobile revolution taking over the ability to manage your inventory from anywhere in the world has never been more important. You used to be able to have on centralized computer in your warehouse or stockroom to handle all of your inventory numbers, but this practice has quickly become obsolete and will soon go the way of the dinosaurs. As sales processing and product ordering goes fully digital, you need to stay ahead of the game and embrace these new and emerging technologies.

While this may sound like an enormous hassle with a whole slew of unneeded expenses attached at first, further study will show that it will actually make your life much easier and lower your total costs in the long run. Sure, there will be some initial expenses when moving to a mobile inventory platform; but you will quickly regain those expenses by saving money in a variety of different ways. Below, we will discuss some of the many benefits of embracing the versatility of mobile inventory instead of clinging to the old ways that are soon to be phased out.

Hardware Costs

One of the biggest areas you can save money is in the lower hardware costs along with the expensive of having your data managed. Most mobile inventory solutions exist in the cloud, so all of the data backups and security are handle by the solution provider. Additionally, since you can access your inventory software from any device with an internet connection, you likely already have all the hardware you need such as a smartphone, tablet PC, or laptop computer. Eliminating hardware expenses and IT services can save you a big chunk of change compared to a traditional inventory management system.

Less Staff

You can also save a significant amount of money by reducing the amount of warehouse staff you need by utilizing mobile inventory software. As sales happen through your point of sale system, the inventory numbers are automatically updated throughout the system. This means that you can setup automatic alerts when inventory is getting low and have your stock levels verified when restocking occurs. Add a periodic inventory audit every 3 to 6 months, and you have a fantastic inventory operation with less than half of the personnel you needed before. Less paychecks going out each month can mean more profit in your pocket at the end of the year.

Manage from Anywhere

Having the ability to manage your sales data and inventory numbers from anywhere in the world can be a huge asset in itself. If you are out of town on a business trip and one of your products sells out sooner than expected, you can trigger a reorder right from your smartphone without even needing to make a phone call. This can save you money by eliminating the need for a temporary employee to cover your work while you’re out of town, plus it can get you more sales because your shelves will always be stocked with high demand items. No matter what business you are in, keeping the shelves stocked and the sales coming in with mobile inventory software is crucial to long term success.