An inventory database software for small and medium businesses
Data Tracker for Inventory is a general purpose database system that tracks all types of business inventory. It is ideal for service businesses, retail establishments, educational institutions, warehouses, offices and any other organization that needs to track product inventory and supplies.
The software can track product types, product suppliers, manufacturers, serial numbers, location, date received, descriptions, images, features, condition, cost, value, warranties, item history and much more.
There are also several user defined fields that you can customize for your particular application. The software features advanced reporting, sorting, graph generation, data export, a powerful search engine, full customization, optional web publishing, drop down menus for quick data entry and more.
The program has a intuitive interface that is easy to learn and to use by any computer user that needs to keep track of multiple inventory items.
- Pentium 300 or faster
- 256 MB of RAM
- 5 MB free disk space
Limitations in the unregistered version
- 30 days trial
- Nag screen
- What Does Inventory Tracking Mean?
- How to Keep Track of Inventory
- Inventory Tracking System
- Inventory Tracker Excel: Inventory Tracking Spreadsheet
“Now where did I leave that inventory,” you say as you walk dazedly through your warehouse.
That scenario is a bit dramatic, but it can certainly feel that way when you discover your inventory numbers are off. Properly tracking inventory usage and variance is key to making the most out of your products.
Luckily, it doesn’t have to be as hard as it seems. We’ve put together a comprehensive guide to better track inventory control (see what is inventory).
Read on to find out how to track your inventory, limit inventory variance and dead stock (see dead stock meaning), and download a free inventory spreadsheet.
What Does Inventory Tracking Mean?
Inventory tracking is the process of tracking all products and SKUs in your possession, in transit to and from your warehouse, and the quantities available in all locations. Tracking inventory levels is vital for order fulfillment and warehouse operations. When done poorly, it can hurt customer satisfaction, increase overhead expenses, and even cause a bullwhip effect that hurts your entire supply chain.
The Benefits of Tracking Inventory
Since your inventory levels directly affect your warehousing and sales operations, there are many benefits to tracking it. Here are just a few benefits:
First, you’ll be able to make proper decisions about product ordering. Calculating optimal reorder points, performing demand planning and forecasting, and more are all made easier when you have insight into inventory levels and movement. This, in turn, leads to greater ability to increase sales and maximize profits.
Second, you’ll save money across the board. When your inventory is under control, you don’t need to spend as much on storage, purchasing, salaries, and more. With less money earmarked for inventory, you can invest it in eCommerce marketing to increase your sales and continue to grow your business.
Third, your warehouse staff will appreciate having insight into your inventory levels and locations. The more information they have, the more productive they will be. Order fulfillment speed is also increased and your staff will waste less time searching for missing items or sifting through an overwhelming amount of inventory. This also leads to higher customer satisfaction.
Utilizing Microsoft Excel for inventory tracking is an easy way to cut costs, save time, and organize inventory. While not a perfect fit for larger businesses — or anyone with a few hundred different items in their inventory — Excel is excellent for startups. You can track inventory, sales, orders, and more than a dozen other functions. If you know how to utilize it correctly, you can even generate a variety of valuable inventory formulas and reports.
Software Inventory Tracking Template
Tracking software inventory and performing other computer inventory control tasks can be a headache for any IT professional. Tracking the location and condition of computer inventory and monitoring software installations and expirations can be time consuming and tedious.
Typical asset inventory systems, while generally good at tracking hardware inventory, aren’t usually set up to handle software inventory management. But, now you have another option … our free Software Inventory Tracking Template. It is designed specifically to track hardware and software inventory, including the location of installed software and software license expirations. Continue reading after the download block for more information.
Free inventory software built and designed for growing businesses
For companies on a growth trajectory, when it comes to inventory management you can rely on the free inventory management features of Zoho Inventory to run your business
Easy sales tracking
Our free inventory tracking software keeps track of your entire sales activity right from adding contacts of your leads and prospects, creating sales orders, invoices, and managing sales on online marketplaces.
Get a quick update of all your transactions and order status from a centralized dashboard. Know how many items has to be packed, how many were shipped, delivered from a single screen.
Add vendor details to your contacts, and manage all your bills and purchase orders in a single place. Make your buying process more effective by creating backorders or even converting your sales orders into drop-shipments.
Even if you have multiple warehouses in different locations, you can manage orders and warehouse transfers of stock from a single system. This way you can control the movement of the items without consuming a lot of time.
With Zoho Inventory, you can add the serial or batch number to track the movement of items, along with the expiration date. Also, once you’ve shipped products to a buyer, they can be tracked until delivery with our Aftership integration.
Your crucial reports like sales and purchase history, and inventory valuation get automatically updated on a real-time basis. You can also set up email and field update workflows to eliminate some manual tasks.
Inventory Management System
All organizations, small or big have inventory that includes its raw materials, supplies, products in process, items in operations, and all finished goods. Inventory can be as small an item as a needle or can be some complex assemblies of an aircraft. Either way, mishandling of inventory or ignorance towards evaluating your inventory efficiently can cause significant financial issues and can result in either inventory surplus or inventory shortage. For a business, this means a missed productivity and lost sales.
Automating the entire Inventory management process can reduce the possibilities of deadstock, spillage and unwanted storage costs.