An inventory management is the system used to organize and track all of the company's goods during the time the company owns them. Once they're sold, inventory is converted to revenue. In some industries, inventory management is also known as stock management. This is common in the retail sector for example, where apparel or home goods inventory is considered "stock on hand." No matter the size of a business, from a small neighborhood gift shop to a multinational corporation, effective inventory management can make the difference between failure and success. Even a basic inventory management system can ensure that appropriate levels of products are kept on hand to serve customers without tying up capital in an unproductive fashion.

This system uses the familiar label of black stripes that are already affixed to the product, packaging or pallet. Wearable barcode readers can speed up this process, allowing workers to shave scanning time a few seconds per item. One of the main advantages of the bar code system is the data is input in a useful digital format at the same time, so the count is more real-time. With the accuracy they get with barcodes, managers have more confidence to make purchasing and sales decisions based on the inventory levels.

Cloud Auto automatically generates updated inventory orders for all suppliers based upon useage and in-stock levels

Single Click receiving based upon the orders generated