Inventory management has an important place in small and medium sized enterprises as well as in large scale enterprises. In short terms, stock tracking, production or a service or a company providing a service, stocks of raw materials, semi-finished products and products, accurately and completely counting and depending on production to make the stock movement at the right time and accurately is a set of methods. For this purpose, developed stock control methods are developed in order to ensure that the company authorities perform inventory management completely and completely.
Most of the stock control methods and stock tracking programs available in the market are built-in software and hardware solutions. In other words, companies that want to follow up on the inventory need to purchase software solutions that are specially developed by paying high prices.
How the Inventory Tracked?
Over the past 30 years, many companies have chosen to entrust inventory management processes to built-in software, even at high costs. However, these companies, according to the needs of today’s needs in line with the evolving, the need to renew their built-in software has emerged. Unfortunately, since the development of a built-in software is as costly and complex as it is to develop a software solution from scratch, businesses have begun to look for alternative solutions.
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In search of alternative solutions, companies have discovered that they can do inventory tracking solutions over excel. In this direction, the search engines in the search engines have pursued the pursuit of excel, and the producers have started to manage the inventory follow-up management processes through excel. Thanks to documents such as Free Stock Tracking Excel document which is the best stock tracking excel solution you can find in the market and offered to you by the Fabrikator, some of the companies have started to perform inventory tracking management via excel.
Although Excel can be tailored to the actual needs of operators, it is simply inadequate to feed data, creating an additional workload as much as the benefit it provides to many companies. In the event that companies follow up the stock process manually via excel, they have to manually transfer all raw material, semi-finished and product information in their stocks to excel and make the changes manually. At this point, the requirement that the person managing the Excel document should display confidential information belonging to the company also caused additional question marks for reliability.
While all of this has taken place, there has been a significant development in the technological world and solutions called cloud technology have emerged. These software solutions provide companies with the infrastructure to easily manage their many needs such as inventory tracking, cost control and production via computers or mobile devices with internet connection. In addition, cloud-based software solutions that can be quickly updated in line with evolving needs have the flexibility to easily respond to the current needs of companies.