Skip to main content

CHOOSE YOUR RIGHT INVENTORY SOFTWARE



Recently it has been recorded that the Inventory Build Up process in Manufacturing and other industries had become an hidden treat to the companies.
The stock pile up occurs due to Supplier’s inefficiency and also in some cases due to bad quality.
This is directly proportional on choosing the right vendor who can be trusted and reliable in supplying the raw materials.
The inventory cost increases resulting in storage of huge unsold stocks which leads to a lot of business failure, because the supplier would never been crossed the threshold level by then.
Also in some cases the production delays can lead to build up inventories too. Production delays occur with various reasons like
1.       Product Bad Design
2.       Messed Up Production Layout.
3.       Breakdown Stoppage
4.       Delayed and Time Consuming
5.       Resource Management
6.       Floor Management.
The above factors can be related to all the stages of production Life Cycle.
In any business the amount of profit is analyzed based on the products sold and how well the inventory is managed. The Product Life cycle will come across different stages like

a.       Purchase of Inventory

b.      Warehouse Management

c.       Goods Shipping

d.      Sales

e.       Customer Service

f.        Product Returns Management

But for large sellers there will also be these two options like either Out of Stock or Stock Overflow. Considering the challenges and pain areas of any business and to provide them with a proper solution, we at EZ Accounting software came out with the right Inventory management software termed as “EZ Inventory”. To support the customers and to make them know about our product we also provide Free Demo. Please don’t hesitate to log on to http://www.ezaccounting.com.sg/

Also our staffs will be happy to serve you at all times. You can reach them on

Comments

Popular posts from this blog

Accounting software and its legacy

Accounting software was one of the first software to come up in offices along with the initiation of Software and Hardware. The reason being is the fact to control Money Flow in the offices. Typically, an Accounting Software is developed using a Database, a Front End tool and a Reports or Dashboards. Accounting software is developed for various formats like desktop, online, network (client-server) and web. For developing online accounting application or software you will need a web development tool like PHP/MySQL. Many Accounting software has been developed using these tools provide great speed and usability. A well-developed Accounting Software caters to several domains. So, well-designed accounting software can, in theory, meet the needs of several types of firms. However, in run-through a certain amount back bending is required to use a Generic Accounting Software in a manufacture or church or call center or fund management environs.  Here the flexibility of the software

Ez payroll Software | Singapore Accounting Software

Ez payroll Software | Singapore Accounting Software  https://www.ezaccounting.com.sg/ezaccounting/ez-payroll.html EZ Payroll Software Why Need Payroll Software? EZ Payroll is listed on Singapore CPF board and IRAS as a approved vendor for submission of CPF text file online and yearly auto – inclusion text file too for yearly IR8A of employees salaries and all allowance and deductions. Simple to use and user friendly interface allows … Continue reading EZ Payroll →

Accounting Best Practices for Small Business

In order to form out which method of accounting for small business, the most excellent way would be to analyze it in terms of the size of your business. It also depends on who would be preparing the books of accounts, would it be the proprietor himself, a full time accountant, accounting department or bookkeepers. When you choose the accounting package, it should be in line with the requirements and the comfort of the person who would be operating the software or working on the books of accounts. The cause for this is that the ability of the user should be in line with the type of Accounting services and the number of transactions done in year, in order to get the best results. For example, if you spend a lot of dollars spending on a complicated high end software, and your accountant is not aware of most of the features that could be used, they would not be able to make full use of it, thus even though you wanted the best for your business, you are really just miss utilizing you