For a long time sophisticated inventory management software solutions were too costly for most small and mid-size businesses. In addition to paying for the software license, you needed appropriate hardware to house the data and an IT staff to maintain the software and address problems. All of this adds up to high cost of ownership. Instead, many SMB companies still rely on paper processes and spreadsheets to monitor their products and supplies. With the advent of cloud computing – also called Software as a Service (SaaS) – however, reliable, sophisticated inventory management solutions are now within the reach of most SMBs.
Cloud based Inventory management software is really help full there are some benefits of it Improved Efficiency , Cost Savings , Real Time Inventory Tracking. I believe that a good solution to your problem starts with the type of business you are in, and forethought in planning for the future. We use Anzio (Decade) for inventory management in our cabinets as well as in our warehouse, but the software allows us to dispatch, run CRM, and our financials are integrated as well. This system was designed for service based companies like ours, but works well for small businesses as well as large. That, I believe, is the key to success. Starting with a system that is built for your industry, but can continue to grow with your company as it succeeds.