One of the axioms that everyone understands about business is that it never stays the same�”that like many other things in our world the demands of the market force it to constantly change and revamp itself to keep up with the changes in consumer demand and technology. In a perfect situation the inventory software revolutions that we go through help small and medium business to be more competitive and efficient and that’s been the case with the computerization of warehousing and the inventory controls that entails.
That said, there has been a shift away from the traditional warehouse toward the fulfillment house where the software technology allows for the more immediate fulfillment of orders. Thee have been great demands placed on this technology as well. It must be efficient and accurate first and foremost, and of course it must store a vast amount of information and be able to integrate order processing with an accurate inventory picture in a near instantaneous way that no technology that went before it could provide.
And that’s where the latest versions of inventory software for Quickbooks takes over. It’s got the ability to take several hundred thousands parts and create Bills of Materials that can both simplify and speed up the entire processing matrix so that money profit can be realized. One of the other factors that you’ll need to account for when you start with a computer business is the fact that your business will likely become, at least on some scale, international in nature and to that end Quickbooks inventory management has you covered again.
The list of applications that integrate with Quickbooks also offers a unit of measure conversion feature so you won’t be slowed down during the sales or inventory process. It works this way. As a product comes into the system and one unit is processed in, it can be converted into any one of a number of other units of measure so that you can give an accurate picture to customers in foreign lands. As well, with just a click of the mouse you can change the units from cartons to which ever others like pallets that your customers might prefer or at least want to get some kind of quote in.
There are other essential features as well and one of these is backorder tracking which scours the system and your inventory to show you exactly what needs to be shipped on any given day or hour. This feature goes a step further by actually showing you what parts are still coming in from you suppliers as well. This particular feature really helps to diffuse situations when you can give an irate customer some specific information about when their backordered product will be available to them.
Remember that the technological revolution has placed the small and medium business in a position where they can process a much larger amount of business by simply jumping onboard with the technology that is available to them.
