Cloud Inventory Products
Cloud Inventory offerings can vary significantly, with products ranging from fully managed software-as-a-service (SaaS) solutions to fully hosted software and even on-premises turnkey implementations. Each type of offering has its unique pros and cons, making it important to understand the differences before deciding. Read on to learn more about inventory offerings, their unique pros and cons, and how to choose the right product for your business.
- Field Inventory Management
A Field Inventory Management solution is a SaaS (Software-as-a-Service) offering. This solution requires an existing network of field workers and mobile devices to collect data from the field. The collected data is then uploaded to a central server and analyzed for trends, patterns, and other important information. These solutions are very easy to use and require no on-premises installation or maintenance.
- Manufacturing Materials
A Manufacturing Materials solution is a fully managed solution for collecting and analyzing raw materials such as paper, plastic, and metal. This solution requires a central location (often an office), material handling equipment and storage facilities, and mobile devices to track material movement throughout the supply chain. This solution can track and monitor the inventory of raw materials, components, finished goods, parts, and more. These solutions typically have powerful reporting features that help businesses make better decisions regarding their inventory levels.
- Warehouse Inventory
A Warehouse Inventory management solution is a fully hosted software and hardware offering. This solution requires a large amount of space, high-end computer equipment, and a dedicated IT department. This solution can be used to track and monitor the location of inventory in a warehouse and manage inventory in the field. These solutions typically have powerful reporting features that help businesses make better decisions regarding their inventory levels.
Today, many businesses are using inventory management solutions to help them better manage their inventories. The benefits of these solutions include improved optimization, reduced risk, and increased profitability. See this article for more information.
Learn more about Cloud Inventory on https://omegaunderground.com/field-cycle-counting-solves-common-issues-while-auditing-inventory-in-the-wild/