Moving forward this year more and more businesses are turning to cloud based inventory management software to manage their daily operations. According to research carried out by Merrill Lynch, the cloud computing market will top $160 billion in 2013. By 2014, Gartner predicts 60% of all server workloads will be on cloud-based platforms.
On the business front, cloud based solutions can make inventory management easier, including handling supplies, recyclables, as well as works-in-progress. Since inventory represents money, its management plays a key role in the success of any business enterprise. This is where stockroom inventory computer application comes in handy. Advantages of using web based inventory management include:
Real Time Tracking of Inventory
For startups and SMBs, tracking inventory in real time is very important. Not only can business owners track and collect data but also generate reports. At the same time, entrepreneurs can access cloud based inventory data from a wide range of internet enabled devices, including: smartphones, tablets, laptops, as well as traditional desktop PCs. In addition, you do not have to be inside your business premises to use web based inventory program. You can use your stockroom inventory software while on the road, at the airport, or at home.
With cloud based inventory solutions, businesses benefit from increased efficiency, resulting from the seamless integration of customer orders, shipping information, available stock, and transactions, in addition to streamlining communication between different departments. For example, management can pull reports from stockroom inventory computer applications to manage restocking requirements and bottlenecks.