Buying Inventory management/control software

When buying or thinking of upgrading to a professional inventory management system we have created the following set of items to consider, please note that not all items will relate to your business or organization, and some items are only valuable to have if you have high sales, inventory and/or transaction volumes, but it is a handy list to keep in mind:

-Barcode, scanner and POS integration

-size of inventory holdings and average daily inventory movement

-Quantity of product lines and required capacity

-How measurable is your product

- Production management

-Procurement management and supplier software

-Complexity of supply chain and safety stock requirements

-Interaction with other software packages such as accounting software, ERP and MRP systems

-Complexity of databases and reporting

-Ease of management of product lines, stock rotation requirements and specs

-Licensing, support, software updates, requirements, multiple users, multiple databases and interaction within

-Pricing, is it really worth it, and will it add value??

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