Not all returns will need to be discarded and some can be sold as new items if they haven’t been tampered with. When your warehouse receives returns, you’ll want to follow them back to your warehouse and in turn, sort them when they arrive. Shipments need to be strategic or they could be detrimental to the growth and development of your business. When you’re running a small warehouse or whenever you’re operating a warehouse that isn’t also manufacturing goods, you’ll want to have a good understanding of inventory levels both on backorder and in-stock with your supplier. Here are some examples: Tracking Inventory From the Supplier Tracking Inventory Throughout Your Supply Chain: An ExampleĪs inventory moves throughout your supply chain, there are different, very specific places you can track it and ways you can benefit from tracking. #Transtype inventory system software#Instead of trying to do all the work manually, your team could take advantage of inventory tracking software that can provide your company with tech solutions to the long-held problems of trying to keep track of inventory as it moves through the supply chain. When you’re running a warehouse and trying to keep track of your inventory manually, you’ll find mistakes and a stressed-out warehouse manager at the end of a long list of to-dos. You’ll be able to follow inventory as it moves through your supply chain from receiving to delivering to your customers.īenefits of Using an Inventory Tracking SystemĪ number of benefits found by using inventory tracking include: These systems can work across multiple warehouses or retail stores to provide you the exact count of inventory on the shelf, in shipments, and being received. In the simplest form, inventory tracking refers to any inventory management software, dashboard, application, or program that helps you track real-time inventory levels based on SKUs and barcodes. The name may seem self-explanatory, but inventory tracking systems are complex and offer many features. In this post, we’ll break down inventory tracking and the top 6 inventory tracking systems this year, so that you can decide what’s best for you. This doesn’t mean it is always the best option for every business or warehouse. We believe it works great for those who want to use cloud-based inventory software for efficiency and effectiveness on the go. A good, well-rounded process around tracking inventory accurately and efficiently differentiates a successful company from one that’s struggling.Īt Scout, we utilize topShelf as our inventory tracking system of choice. If you’re in warehousing, then you know: a business’s inventory tracking system can make or break them.
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