What Is Inventory Management?

Inventory management is primarily the
monitoring and maintenance of stocked

products.
 It consists of all the administrative tasks involved with measuring and keeping track on incoming and outgoing products and all the inventory on hand. Inventory management
helps to protect regular and planned course of business
against any disturbance of running out of goods. It shows how much stock you have, it reduces errors or “walking stock” and helps to make future plans to grow your business.Inventory Management Explained blog post image
 It can be time-consuming and boring task, which might steal staff away from more important assignments, but it is also
important to run an effective business.
 
Well-functioning software
is a great asset for stock management.
Look at how your stock moves

Analyze and plan

Where to start?

Erply allows you to do all of this and more. We can get you on right track with inventory management. Get Started with Erply Retail and Inventory Management Software