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The importance of taking inventories to control company costs.

Inventory control

Maintaining optimal inventory control is a key organizational aspect for businesses of all sizes, from small and medium-sized enterprises to large corporations. Poor management of existing goods or products can lead to significant financial losses and customer dissatisfaction.

Advantages of inventory control

The advantages that good inventory management can offer are the following:

  • It allows us to plan future actions: having the company's assets in order allows us to make or plan decisions. Knowing our raw materials and the quantity of products we need to continue operating or selling gives us the ability to balance sales, production, and investment.
  • Ability to prepare for unforeseen demands: maintaining an additional inventory helps us to always be prepared for unforeseen demands.

However, managing inventory effectively is no easy task. Therefore, there are various technological tools that can help you in this process.

Of Binhex We highlight Ventor, a mobile application for managing inventory. Odoo ERPWith this application, you can receive merchandise, prepare and pack orders, print labels, and manage inventory in a completely professional manner. Ventor lets you enjoy the best warehouse management experience.

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Inventory control system functionalities

The main features are:

  • Warehouse functionality: Ventor supports all warehouse operations and extends and improves the functionality of Odoo's inventory module.
  • Intelligent Operations: Optimized picking navigation. Minimizes task execution time; by guiding employees to pick merchandise, task times can be reduced by up to 35%. The application displays the new location to the user. Our team will help you configure your warehouse and create a map of locations and routes.
  • Purchasing and Sales: You can create sales orders for your retail customers while accompanying them on their warehouse visit. You can also create purchase orders while inspecting merchandise. With the scanner, you can easily create all the orders you need and save time in the process.

Furthermore, it includes an identifier for boxes and pallets using the GS1-128 one-dimensional barcode, commonly used in distribution and logistics. This allows for the representation of information such as batch number, dates, and much more, thus facilitating traceability throughout the entire supply chain.

If you have a business and need to handle any type of product, Contact us.