What Is Inventory Management Software?

An inventory management software is an amazing tool that automates your inventory management and makes your business life a whole lot easier than ever. It helps you to keep track of all the goods in your inventories and warehouses.

Moreover, this software collects and records all the data that your inventory processes throughout the whole day. It informs you which goods you are running short of and which goods you have in surplus.So, you can always be updated in this way.

Once you know everything about your business properly, you can make your everyday dealings in a more genuine and prudent way. This helps you grow as a business and enables you to earn more. This is how inventory management software helps you in your business.

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Types of Inventory Management Software

There are many types of inventory management software. Some of the most common types are discussed below:-

Mobile Inventory Management Software

Mobile inventory management software allows you to keep track of your inventory system only by just using your mobile device. You can replace the traditional barcode scanners and scan using your smartphones only.

Barcode Inventory Management Software

A barcode inventory management software enables your business to manage your inventory in a faster and simpler way. A product having a bar code on it can be very easily scanned using just a mobile phone and then, later on, can be synchronized with the inventory management software in real time.

Furniture Inventory Management Software

If you are a furniture retailer or in any way connected to the business of furniture then you must possess furniture inventory software. This software helps to handle the workflow, makes the process of data collection accurate, and automates repetitive tasks

Restaurant Inventory Management Software

A restaurant inventory management software helps restaurant owners keep track of different food items in their inventories. It also enables them to manage and handle all the customers' orders accurately and also to pay to salaries of the waiters working in those restaurants.

Web-Based Inventory Management Software

It is a cloud-based software system that provides different organizations with a digitalized process that can control the movement or flow of the inventory stock.

Garment Inventory Management Software

Garment inventory management software helps garment owners keep track of their garment-based products more easily and comfortably. Moreover, they can also keep the records of their employees correctly and pay their monthly dues accurately.

Benefits of the Inventory Management Software


An inventory management software works like Aladdin's lamp for your business. You will be able to reap not one or two but multiple benefits at a time if you are in possession of inventory management software. Some of the benefits are listed below:

Higher Production Rate

With the help of your inventory management software, you can manage your work in a reduced amount of time. This gives you an opportunity to spend more in your production system. As a result, the production rate increases automatically resulting in increased business opportunities for you

Higher Profitability

With the help of inventory management software, you can very easily track which goods are selling well and are in demand and which goods are not performing that well.

In this way, you can keep and sell the products that are in demand and dispose of the products that have lost their value. This will help you make a good profit and earn more than before.

Happy Customers

When your customers will be able to get only the best and most popular stuff from you, they will keep coming back to you for more. If you get repeated customers, it’s a clear indication that they are really happy with your service.

Happy and repeated customers create more business opportunities for you. This means you will be able to make a good profit as well.

Time-Saving

Inventory management software automates everything for you. This means you and your employees don’t need to count or recount every stock over and again.

This will save a whole lot of time for you which you can spend to make other necessary strategies to make your business flourish.

Prevents Stocks from Running Out

With the help of your inventory management software, you will never run into the risk of running out of your remaining stocks. Stocks run out quickly if there is a higher demand for a certain stock. So, you run into unexpected troubles..

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Your Inventory management software helps you to keep track of every stock. In this way, you will be able to indicate exactly how much stock you have left before it runs out quickly. So, you can take the necessary steps before it runs out completely..

Features of Inventory Management Software in Bangladesh


Inventory management software in Bangladesh has multiple useful features which will make your inventory management job a lot easier. Some of the important features are discussed below:

  1. Complete Manufacturing Process

    Inventory management software keeps track of and records every single event of your manufacturing process. It starts from the arrival of the raw products and goes on until the finished goods reach the hands of the customers.

  2. Gives Accurate Inventory Reports

    The software provides accurate reports of every single action that goes on in your inventory. The actions include identifying aged products, stock movement, identifying the popularity of certain stocks, etc.

  3. Simplified Management of Stocks

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    With the help of this software, you can manage and organize your stocks in various different ways using simplified actions. It helps you organize your stocks exactly the way you want easily.

  4. Invoicing

    The software helps you create a professional-looking invoice and you can modify it the way it suits best you. Moreover, you can add an attractive company logo and add necessary details to your invoice.

  5. Provides Authentic Inventory Reports

    The software gives you authentic reports that help you produce more goods without any errors.

  6. Banking and transactions Management

    The software helps you keep track of every transaction that you make and keeps you updated all the time.

  7. Accounting Management System

    The software helps you manage all the tasks related to your accounting management system. So, you can manage all your accounts swiftly and easily.

  8. Proper Cost Management

    With the help of the software, you can manage your revenues and costs independently. In this way, you can be sure how much you have gained in profit and how much you have spent. This will help you calculate your NIT profit easily.

  9. Location Management

    The software helps you by informing you about the exact location of your particular goods. In this way you can locate your desired goods quickly and easily.

  10. Online Business Reports

    The software enables you to access your business data anytime from anywhere through any web browser

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Things to Consider for Getting the Best Inventory Management Software from Bangladesh


If you are planning to get inventory management software for your business, consider these points first before making your purchase:

Pricing

Pricing is always the biggest factor whenever you want to make any purchases. Before purchasing the software, make sure it is not over-priced and suits your budget as well.

Versatility

Make sure the software you want to get meets all your needs. The software should be able to facilitate all the difficult tasks of your employees. Moreover, it should have the ability to evolve and grow with your business as well.

Flexibility

It is one of the best options to consider before choosing your desired software for your company. The software must be flexible enough to adapt to the changes and react accordingly.

Budget Friendly

Before investing in your new inventory software, you must also consider re-checking your budget. Sometimes companies have limited budgets and really can’t afford to buy new software. So, please check if your desired software is budget friendly or not.

Free Trial

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Customization

Another important aspect to consider investing in your new inventory management software is that it must be customizable according to your needs. Good software should have all the useful features built in.

Good Customer Support

Another important thing that you must take into account is whether or not your software company provides good customer support. Your software may encounter any technical issues that you can’t solve all by yourself. In that case, having an excellent support center may prove handy.

Easy to Use

Finally, your new inventory management software must have easy options so that you can run it without facing any difficulty. This will help you manage your work easily and comfortably.

Inventory Management Software Price in Dhaka, Bangladesh

The price of inventory management software in Dhaka differs from one inventory software to another. According to the type and quality of the product, price changes quite significantly. Below is a table containing the names and the prices of different inventory software in Dhaka

    Different Types of Inventory Software Price in Dhaka, Bangladesh Distribution Inventory Software 12000 Tk Accounting Inventory Software 15000 Tk Super Shop Inventory Software 12000 Tk Inventory Warehouse Software 15000 Tk Easy Inventory Management Software 12000 Tk Advanced Inventory Management Software 15000 Tk Inventory Software Mobile Apps 12000 Tk ERP Software for Production Management 150000 Tk

Inventory Management Software Module

If you want to make your inventory management software more meaningful and effective for your company then you must follow the following module for best effects:

Stock Tracking and Transferring

Inventory management software enables you to track any stock through an identification number. It can also tell you about the stock’s exact location and where it is being transferred after leaving your inventory.

Warehouse Management

Inventory management software helps you manage your warehouses perfectly. It enables you to collect real-time data to manage negative stocks and increases the flow of popular or demanding stocks.

Purchase Management and Sales Order

Inventory management software has a tracking mechanism built-in inside of its functionality. This unique mechanism helps to track and record which types of stocks have already been purchased and which stocks are being sold on a regular basis.

Payment Gateway

Inventory management software has a payment gateway that enables you to buy and sell inventory products and goods.

B2B e-commerce

In this digitally advanced world, people are prone to shop online rather than offline. B2B e-commerce enables both wholesalers and retailers to sell their products directly to the public.

Why Choose Zoom It Inventory Software in Bangladesh?

If you want to purchase inventory software for your business then you must consider Zoom It’s inventory software over other companies. The reason is quite simple.

Firstly, we have the best software designers and developers in Dhaka. Our teams are made of very talented and versatile software experts who work tirelessly 24/7 to deliver you the best service which we believe no one else can deliver.

Secondly, we have the best customer support center in the town. After doing business with us if you encounter any problem with our software then you will get free service for a lifetime. Moreover, the after-service we offer to our valued customers is hard to match and we have 100% satisfaction guaranteed.

Finally, you will get all of the above-mentioned services at an affordable price range. So, what are you waiting for? Contact us now and enjoy the best inventory software in town.

Get Your Inventory Management Software Free Trial Today!

One special thing about our inventory management software is that we give you a free trial for 1 month. After the duration, if you are still not satisfied with our product’s service then you can cancel your purchase at any time.

So, what are you waiting for? Grab the best inventory management software for your business now and enjoy 1 month of a free trial. Want to know more?

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Frequently Asked Question

Some of the most frequently asked questions clients ask

Business owners in and around Bangladesh ask these questions quite frequently about the inventory management software they want to use. Here are some of the frequently asked questions discussed below:

Answer:An inventory management software is an amazing tool that automates your inventory management and makes your business life a whole lot easier than ever. It helps you to keep track of all the goods in your inventories and warehouses.
Answer: There are many types of inventory out there. The list of the main 4 types of inventory is given below:Raw Materials Raw materials are those unfinished items from which we produce finished goods. For example, a leather inventory that you use to produce belts and shoes. Work-In-Process Work-in-process uses both direct and indirect raw materials to produce finished goods. For example, while you are producing medical equipment, the packaging process will also be called WIP. Finished Goods This is the most common type of inventory. Here finished goods are produced and sold directly to the masses. For example, a custom-built PC ready to be used by an employee. MRO The job of the MRO inventory system is to assemble and sell finished products which is not built into the product directly. For example, gloves are used to handle the packaging of a product.
Answer: Inventory software is used for collecting and recording all the data that your inventory processes throughout the whole day. It informs you which goods you are running short of and which goods you have in surplus. So, you can always be updated in this way.
Answer: The most commonly and widely used inventory system is known as Economic Order Quantity (EOQ) model or system.
Answer: The 3 major inventory management techniques are- The Push Strategy inventory management technique The Pull Strategy inventory management technique. The Just-in-Time (JIT) inventory management technique
Answer:A normal inventory management software usually cost $100 on average. Whereas, the best ones may cost you $3000 to $5000 at best.
Answer:Some of the most popular inventory management software are- Zoho Inventory Cin7 Katana Seller Cloud Ordoro Brightpearl Stitch Labs etc.
Answer: Reason No.1 we have the best software designers and developers in Dhaka. Our teams are made of very talented and versatile software experts who work tirelessly 24/7 to deliver you the best service which we believe no one else can deliver. Reason No.2 We have the best customer support center in the town. After doing business with us if you encounter any problem with our software then you will get free service for a lifetime. Reason No.3 you will get all of the above-mentioned services at an affordable price range.
Answer: The benefits of using our inventory management system are many:- It is designed by the best software developers and designers in town. It has a very affordable price range. There are many different varieties of inventory management software for you to choose from. We give you lifelong customer service. You will enjoy 1 month of free trial opportunities.
Answer: Zoom IT offers many different services, such as:- Software development service Web development service E-commerce website development service. App development service Content writing service A web application service UI/UX design service etc.
Answer: Some of the main features of the inventory system are given below:- Inventory management Barcoding and tagging Inventory tracking Reporting tools Inventory forecasting Inventory alerts Inventory security and backups etc.
Answer: You can develop an inventory management system by following these 8 simple steps:- Organize product & vendor information Create & submit accurate purchase orders Receive inventory orders accurately Tag & label inventory Organize your storeroom or warehouse Track inventory in real-time Conduct regular inventory counts Reconcile discrepancies -
Answer: Delivery management software is a tool that helps to manage the product delivery process from start to finish.-

Conclusion

If you are the owner of a company or running a business then inventory management software is a must for you. It not only manages all the inventory-related tasks perfectly but also enables you to make more profit and grow your business further.

If you are someone living in Bangladesh, especially in Dhaka, and looking for inventory management software to facilitate your business then you must consider our inventory management software as it is the best in the business right now.

So, what are you waiting for? Just contact us now and start enjoying the best inventory management software at the best price range only here at Zoom IT.