Mobile inventory management applications are great tools for businesses to manage their inventories, saving time and money. However, there is a wide variety of mobile inventory management applications to choose from. In this article, we break down the features and benefits of a few options so that you can find the right one for your business.
What is Mobile Inventory Management?
Mobile inventory management uses mobile devices as the primary method to track and manage inventory. It can include anything from barcode scanners to RFID tags and mobile apps. Using mobile devices to track and manage inventory can reduce costs, improve efficiency, and help businesses make better decisions. Mobile inventory management enables companies significantly improve inventory visibility by centralizing inventory information and tracking inventory in real time.
There are several different ways to use mobile devices for inventory management. A common approach is to use barcoding to track inventory levels and locations by scanning items as they move in and out of inventory.
Another way to use mobile devices for inventory management is to track items using RFID tags. RFID tags are small chips attached to inventory items, allowing businesses to track the location of products in real-time and their inventory levels.
Benefits of Mobile Inventory Software
Improve Inventory Accuracy
Mobile inventory management has revolutionized the way businesses keep track of their inventory. Inventory apps enable warehouse teams to scan barcodes to ship or receive items and get instant visibility into inventory data. The benefits of mobile inventory management are numerous. Perhaps the most obvious benefit is the improved accuracy of tracking stock movements using a barcode scanner.
Real-time Visibility
Another significant benefit of mobile inventory management is real-time visibility into inventory levels. With traditional methods, businesses often have to wait for physical counts before knowing their current levels, leading to days or even weeks of decision-making based on outdated information. Mobile inventory apps enable businesses to track their inventory in real time, leading to less wastage and fewer stockouts.
Save Money
Lastly, mobile inventory can help businesses save money. The cost savings resulting from increased accuracy and efficiency often offset the cost of getting started with a mobile inventory solution.
How Mobile Inventory Management Works?
With mobile inventory management, businesses use an app to keep track of their stock levels. Mobile inventory management apps typically work in the same way. First, you’ll need to input your current stock levels into the app. You can do this manually or by scanning barcodes.
Once you’ve updated your opening stock levels, the app will track inventory in real time as items are purchased, sold, or used. A mobile inventory app can notify you of products running low on stock so you can quickly reorder.
Mobile inventory management is a great way to streamline your business and save time on keeping track of your inventory. It’s also very affordable since most apps offer free plans or trials before you commit. If you have a small business or are just starting, mobile inventory management solution is worth considering.
How to Implement Mobile Inventory Management?
Assuming you have a basic understanding of Mobile Inventory Management, below are the steps for implementing this technology in your business:
Assess your needs
Before choosing a solution, it is essential to assess your business needs. What type of inventory do you need to track? What is your budget? How many users will need access to the system? Once you have answers to these questions, you can narrow your options and choose a mobile inventory solution that’s right for your business.
Choose a solution
Once you know the type of solution you need, it’s time to choose a specific product. There are many different solutions on the market, so take some time to compare features and pricing before making your final decision.
Implement the solution
Once you’ve chosen a MIM solution, it’s time to implement it in your business. This step usually involves working with IT staff and the software vendor to install the software and get it up and running. Once the system is up and running, users will require training on how to use it.
Ongoing maintenance
After implementing a mobile inventory solution, ongoing maintenance will be required to keep the software up-to-date, troubleshoot issues, and provide user support.
Conclusion
Mobile inventory management has a lot of benefits that can help businesses save time and money. By tracking inventory in real-time, organizations can avoid overstocking or running out of products. In addition, mobile inventory management can help organizations keep better track of their product quality, which is vital for customer satisfaction and safety. Overall, mobile inventory management is a valuable tool that can help businesses improve their operations and bottom line.
At AccelGrid, we offer mobile inventory solutions that can help you take control of your inventory and streamline warehouse operations. Start a free trial or contact us for more information.
