Create Your Inventory Database with ServQuest™

ServeQuest helps to create the inventory database.

Inventory is a buffer between production or purchasing of goods (products or materials) by a company and sales of commodity or services by this company. So, inventory is an integral part of the business performing any sales (goods or services) regardless of the company specialization. Companies make all efforts to find the proper amount of inventory levels to avoid disruptions in production, lost sales, high holding costs, and other.

Management of inventory in stock includes three main aspects:

  • oversee and control of the goods purchasing, 
  • storage of inventory, 
  • maintenance of the necessary quantity of goods for sale.

Inventory management helps companies to have the right inventory:

  • in the right quantity – eliminating “too little” and “too much” situations, 
  • in the right place – storing goods in multiple warehouses, 
  • at the right time – reordering goods timely, 
  • by the right cost – that includes purchasing and carrying costs.

One of the main keys to efficient inventory management is a smart inventory database that holds all details about items in stock. Our software team consists of the competent, organized, and analytical professionals that for more than twenty years has been developing inventory management software solutions. Today, we can offer our clients a renewed version of our ServQuest™ software solution that includes features enabling not only creating the inventory database but performing full inventory control too.

To maximize the benefit of inventory, the inventory database created with ServQuest™ provides a wide variety of information about each item, including:

  • quantity: reorder, on-order, in-transit, in-process, on-hand, available, booked, average daily and more; 
  • description: inventory type, product class, images, barcode ID, weight, size, and more; 
  • the start and end dates; 
  • notes on schedule and one-time note; 
  • minimum restock amount and quantity to buy; 
  • warehouse: in the case of multiple warehouse locations; 
  • price: stock, sales, minimum, retail, freight, level, special, and more;
  • cost: type, standard, return, average, and more; 
  • lot control; 
  • taxability and tax reference;
  • stock and sales measure; 
  • sales: revenues, returns, discounts, the cost of goods sold, and more.