The basic function of inventory management software is to allow any business dealing with physical goods to effectively track, store, sort and manage their stock. Inventory management apps facilitate the logistical management of products, automating processes related to ordering, costing, transportation, storing, assembly, shipping and delivery. These apps give you a clearer overview and greater control over your product flow.
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Each app is scored using 5 factors, worth 20 points each, for a total possible of score out of 100.
Inventory Management software is used to track, manage and organize inventory levels, orders, sales and invoices. The software is commonly used alongside hardware such as barcode or radio-frequency identification (RFID) scanners.
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