Stock management is a vital component in a company, as it allows for the proper functioning of a business through ensuring that the stock is accounted for. In the supply chain, stock management follows a few important steps to guarantee optimised operations.
From requesting stock from stores to the head office purchasing new orders from vendors, through to stock reaching the shops to be sold to customers; ensuring stock is well-managed is vital. Software such as Sage 50 provides an efficient option for effective stock management, but do you know what this software entails and how it functions?
Stock Control Software
The concept of stock management or stock control is known throughout many businesses, as it entails knowing how much stock you have, how much you need, what it is, and where it is. Traditional methods include spreadsheets and pen and paper, which may prove to be less efficient due to the possibility of human error occurring.
Stock control software is specialised software created for stock control, ensuring that both spreadsheets and pen and paper are replaced with an effective stock control solution. As it’s in harmony with keeping stock efficiently, stock control software allows for better visibility, control, and tracking of stock. Consolidating other aspects of the supply chain, it considers factors capable of affecting stock such as sales and purchases. With the management of purchase orders, stock control software helps to see and establish both minimum and maximums for products.
Sage 50 and G-Smart Link 50
Created in-house by our accredited Sage developers, our Sage 50 software provides information in real-time to the greatest accuracy, guaranteeing that your business is optimised. Through the utilisation of G-Smart Link 50, you are able to efficiently manage your stock’s barcodes and create a barcode inventory system. G-Smart Link 50 communicates directly with the Sage 50 software, ensuring every process is streamlined and costs are reduced.
Offering you the maximum productivity at each price point, you can always install modular upgrades when your business requires it. Our Sage barcode software grows with your business and its needs, managing the inventory through the use of handheld wireless scanners that provide a choice that matches your business.
The data is uploaded electronically to the system, which minimises human error and increases productivity. With barcode inventory systems, a barcoding add-on for Sage 50, and stock control solutions for SME, you are sure to find the ideal solution for your business.
Stock control software, such as Sage 50, scans the products, ensures stock location ID, does an accurate stock take, and quickly prints barcodes through G-Smart Link 50. Through this efficient process, stock counting errors are nearly eliminated and stock intake is accurately taken.
To learn more about this and the technologies that can help you stand apart from the competition, increase your productivity and improve your warehousing, download the full, free report below: