What is mobile inventory and how it can transform your store Huong Vu October 13, 2023

What is mobile inventory and how it can transform your store

What is mobile inventory and how it can transform your store

In today’s technology era, there are more and more tools to support business management activities to become faster and easier. One of the most commonly used tools in stores and manufacturing businesses today is the inventory management tool. As the requirements for speed and convenience are increasing, these tools are being improved and become mobile tools, suitable for today’s vibrant businesses. In this article, we would like to introduce what mobile inventory is and how it helps your store transform.

What is mobile inventory?

Mobile inventory refers to inventory management using available mobile applications. Such inventory management is suitable for today’s omnichannel businesses looking to expand their store chains and upgrade the customer experience with speed and accuracy. This inventory management allows managers to track inventory even when away from the office or working remotely.

Using this tool, your business can replace traditional barcode scanners or computers with smartphones to scan barcodes, QR codes, and even enter and look up data more easily. The mobile inventory management mobile application will be linked with cloud software creating a powerful inventory and asset management system.

How can mobile inventory transform your store?

Increase Accuracy

Inventory variances will affect business through lost revenue, reduced service levels, increased Mean Time to Repair (MTTR), and more. Therefore, mobile inventory can help transform your store first and foremost by the accuracy it brings. With this management, you can get accurate data and information reports, which can help you make business decisions and set future goals, and get the big picture for your growth. develop in the future. Accuracy is very important to business; otherwise, it can lead to miscalculations regarding the requirement, and overall it will affect the cost of the company.

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Using mobile management to check inventory solves double-entry of data, unavailability of real-time data, inability to update data anywhere, and data entry errors. The solution improves accuracy with Bar/QR code scanning and makes data entry faster with a few clicks.

Real-time Information

Today’s mobile applications are often synchronized with ERP (Enterprise Resource Planning) in real-time so it allows access to accurate information in real-time. The same goes for these mobile apps, which allow managers to have access to real-time insights. This helps businesses make better decisions based on real-time data.

Work Smoothness

Mobile inventory allows you to access data from anywhere, anytime, and according to different requirements. This gives smoothness in work. Besides, developing mobile applications according to use cases reduces the burden on the processor and allows users to install only the necessary applications.

Furthermore, the “Alerts and Notifications” feature in this inventory tool is also important. It helps with inventory control and keeps your organization from losing leads. With automated processes you will get alerts & notifications on your mobile, email-id & SMS will also be sent so you can take quick action.

The Multi Source Inventory (MSI) management system by ConnectPOS is a great software for the mobile inventory management of today’s businesses. This system has full inventory management features from product quantity, import date, and product information to help staff check and notify customers of all information as quickly as possible.

Conclusion

Mobile warehouse management offers many benefits to today’s businesses helping them achieve more profits. If you are looking for a suitable inventory management system for your store’s transformation, contact us.

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