The Inventory Management app plays a vital role in all types of industries, whether it is service-oriented or product-oriented. Due to the market’s competitive nature, it has become a necessary need for the companies to manage their inventories and make changes to increase their production and improve the efficiency of inventory systems. Companies must extend their thinking and develop a new perspective for inventory management so as to yield a better profit margin. It is necessary for a retailer to maintain all the records of the inventory. Inventory system application allows the user to store detailed information about the inventory management on an android device or IOS device with updated stock. The application can manage, create and control your stock lists, scrolling on articles and serial numbers of equipment instantly. With this, investments in spare parts, raw materials, work-in-progress are all crucial costs of operations, which can be easily managed through the online inventory app and can lead to high capital profit.
The application serves as a database for the inventory to maintain proper records of all the activities covering both either it is product-oriented or service-oriented.
The Application provides sales & purchase details along with the summary reports, cost details & inventory reports, etc.
The Application generates certain invoices and emails to the customer along with regular updates with a record of business expenses.
The application provides user-defined preferences and allows us to sort out the transaction list by product, date or time and products list by name, code or category.