Key Distributor Inventory Management Software Features

1. Key Distributor Inventory Management Software Features If you’re a distributor you know how critical your inventory management system is to your business. But is your inventory management system giving you all the functionality and features you need? This article outlines some of the key distributor inventory management software features you should be looking for. Inventory Management Overview Wikipedia defines an inventory management system as a software system for tracking inventory levels, orders, sales, and deliveries. Essentially, the inventory management system tracks the stock levels of all products at all times, from being purchased, received into the warehouse, being put on orders that are then shipped, or back-ordered. Distributors rely on the inventory management system to show the quantity of a particular product available to sell, when the product needs to be repurchased and what

2. quantity to repurchase. Inventory management ties in directly to the ordering and purchasing functions and updates the general ledger accounting system to record transactions. Read more@ https://www.adssolutions.com/blog/key-distributor-inventory-management-software- features/