Showing posts with label inventory. Show all posts
Showing posts with label inventory. Show all posts

Thursday, December 9, 2010

Online inventory systems

What is an online inventory system? This software is located on a Web server and works with your inventory database.You can connect to the database from any computer using a web browser. You use a personal password and encrypted connection over the Internet.This is a convenient solution for companies with branches in different cities or remote stores and warehouses. You can create a new order in the client's office. You can check the real on hand quantity of goods while you are on the way to the customer.You can quickly organize a point of selling your goods at a remote location. You will need only internet connection. You can use the SilverNet online inventory system.It is an inexpensive and effective solution for creating your own online inventory system for any company

Tuesday, November 16, 2010

How to create a simplest inventory system using only pen and paper

I read recently in the book "Inventory accounting: a comprehensive guide" by Steven M.Bragg that :"Inventory is a difficult asset to control-it arrives and departs company premises daily, is scattered throughout the warehouse and production areas (and possibly offsite storage locations),may contain obsolete or scrap items ,can involve thousands of part numbers,can include items owned by suppliers or customers, and may be valued using a variety of techniques for both direct and overhead costs."
It's really true.But what should you do if you don't like computers but want to solve problems with you inventory? There's an old and true pen and paper solution.Take a few sheets of paper and draw the table as shown in Figure.

You have to create inventory cards for all items in your warehouse. Put them in a box and begin tracking of your inventory. You should do phisical count of your warehouse and enter current on hand quantity in the column IN for each good. You will enter any shipped quantity in the column OUT and received quantity in the column IN. Then,you should calculate BALANCE in mind or using any hand calculator. You will have a very simple but the real working inventory system. Of course, if you have a computer you can use a more convenient solutions for inventory accounting.