Choose Right Warehouse Inventory Management Software (8 Qualities to Look for)

Warehouse inventory management software system

Do you need the warehouse inventory software that enables centralized management of inventory tasks and supports the day-to-day operations in a warehouse, but do not know how to select the right system that best meets your business needs?

The warehouse management system's functionality needed to support warehouse processes depends on the company’s business activities. Below you can see the main qualities companies should look for in a warehouse inventory software system regardless of its industry and volumes of production and sales.

warehouse computerized software

8 Qualities you should look for in a warehouse inventory management software system:

    1. Installation – The warehouse inventory software can be provided as a Single-user Licence or Multi-user Network Licence (MUNL). The first type of software can be activated on a single PC or notebook; the second one – over a network for multiple users. Moreover, every warehouse inventory software system has the minimum hardware and software requirements to install and run.
    2. Using – If a warehouse inventory software system is easy-to-use, it will not require much time on employee training, from pickers to senior management. A well-designed warehouse inventory software system with clear navigation allows staff to spend less time setting up and monitoring daily warehouse operations.
    3. Functionality – The purpose of using the warehouse inventory management software is the streamlining your business processes. Select a warehouse management system that offers truly advanced functionality that can help you to do more with fewer resources and improve a warehouse from basic to exceptional.
    4. Flexibility – You should invest in software that will help to increase the performance of both your employees and warehouse by taking into account two standards: speed and accuracy. A warehouse inventory management system you are going to purchase should have maximum flexibility to adapt to the logistics landscape.
    5. Scalability – A warehouse inventory software system needs to be able to scale with the growth of the company and adapt to fit future requirements. Otherwise, the chosen software system is not a long-term solution and must be able to increase its capacity and functionalities based on your demand.
    6. Reporting – The inventory data is important, but the data presented is important too. A good warehouse inventory software system should let to easily create reports and charts that allow seeing how the warehouse is running. Metrics used in the system should help not only to track the performance of warehouse operations but to understand the inventory data too.
    7. Customization – Before a chosen warehouse inventory software system be used at your company, it can require accurate setup, and may benefit from some customization. Customization will depend on your requirements, the system’s features, and your company’s ability to plan business activities and realize created plans.
    8. Integration – Spending much time on fixing problems with warehouse software system integration can cost you far more than it saves. Combining the software components such as warehouse management, inventory control, accounting, route optimization, customer relationship management (CRM), human resources (HR), enterprise resource planning (ERP), and other software into one system with a single database gives the company many benefits, including time-saving and improve operations.
inventory management