Inventory management software can mean different things to different people. At Scout Software, we talk a lot about inventory management, especially as it pertains to our product, topShelf. I’d like to share with you our view of inventory management software, and why we think topShelf is the best product for growing e-commerce businesses.

Inventory management software can mean different things to
different people. At Scout Software, we talk a lot about inventory management,
especially as it pertains to our product, topShelf. I’d like to share with you
our view of inventory management software, and why we think topShelf is the
best product for growing e-commerce businesses.

Inventory Management Software Defined

Inventory management software is a software program that
tracks, monitors, and reports on stock levels for a business. The better inventory
management programs include order tracking, asset management, product
identification, and inventory optimization.

An e-commerce inventory management system typically connects
to both the front end and back end systems to facilitate better inventory
management and reporting. On the front end, it can provide your website with
critical stock level data to ensure that customers know which items are in
stock and which are back ordered. On the back end, it integrates with your
accounting or ERP system to provide data throughout your system for better
planning and management.

Why Use It?

One of the toughest challenges for any e-commerce business
is maintaining the right stock levels to satisfy customer demand without tying
up too much capital into inventory. Many companies sink a great deal of money
into their inventory; having too much of one item is a waste, while having too
little means missed sales.

With the right inventory management software, you’ll have
information at your fingertips to make smart decisions for your business. By
keeping track in real time of your stock levels, for example, you can reorder
quickly when stock falls below a preset level.

Inventory management software also facilitates receiving.
Receiving can be a bottleneck in many businesses. Software such as topShelf
makes it easy to scan in new items so that receiving can be completed quickly
and efficiently.

Let us show you how topShelf Cloud-Based Inventory Management Software can help you streamline processes, increase inventory visibility and accuracy while increasing your revenue.

Interested in hearing more?