Managing inventory can be a major challenge for many businesses, from manufacturers that maintain warehouses of raw materials to retailers that stock products ready for shipment. If managed effectively, inventory should be ready in optimal quantities right when your business needs it.
But, inventory management is no easy task – it requires keeping tabs on the status of, and demand for, thousands of items. Some of this stock will generate more profits than others, requiring prioritization and proactive management. It’s essential that you can maintain a comprehensive, minute-to-minute view of your inventory to guide your business decisions in real time.
QuickBooks® Enterprise includes a number of features that support this kind of robust inventory management. Amongst those features, the software’s tools enable you to easily:
- Track products by bin location, serial numbers, or lot numbers.
- Manage your end-to-end workflow from a single dashboard.
- Do inventory counts without shutting down your warehouse.
Let’s dive into how QuickBooks Enterprise can support your company’s inventory management needs.