Every business that sells anything tangible needs inventory management. You can’t possibly expect to keep up with demand for your product, ship orders, and know when you need to order more product or supplies to make your product if you don’t know what inventory levels are at. You need reporting, charts, and alerts to keep on top of your inventory.
If your business has a brick-and-mortar location, you’re also going to need some sort of point-of-sale (POS) software to keep up with your sales – and if you do, you’ll want these two pieces of software to talk to each other. If you are a power vehicle sales business (you sell ATVs, Four-wheelers, boats, etc.) there’s a company out there that will accomplish these two things for you. They’re called CommanderNE.com, and their outdoor power equipment software can help you manage your business. Their system makes inventory control simple for small business owners.
A dealer in the motor sports industry can often represent upwards of 15 different vendors – keeping up with inventory from that many dealers can be frustrating. You could even end up selling a part for less than intended and end up losing money. Under-priced product can end up costing your business ungodly amounts of money. Get on board with some sort of inventory management software today, before it’s too late. You’ll be glad you plugged that profit drain.