Inventory management is a key step in any business, as it allows for precise tracking and management of stock. Traditional inventory methods were historically carried out manually, which required a lot of time and resources and often led to errors. Recently, with the emergence of technological innovations, a new solution has appeared – cloud-based inventory and with it our application INVENTURA@SmartBit.
Cloud-based inventory is based on the use of digital tools and data storage technology on remote servers. This modern approach to inventory brings numerous advantages compared to traditional manual stock counting.
What is Inventura@SmartBit?
Invenura@SmartBit is an application that can be installed on an Android tablet or phone and is based on a connection to ERP Pantheon. The application operates by connecting to a web service that handles communication between the phone and the database in Pantheon. Communication is managed via a secure connection, and data is accessed based on authorizations assigned within the information system.
How does the Inventura@SmartBit application work?
We install the application on a standard Android phone, which connects to the ERP Pantheon on a computer unit. We create a new inventory document for the wholesale warehouse and perform the stock status process. Once the stock status process is completed, the document is ready in the application.
Upgrades are automatic and comply with any potential legislative changes.
To operate the application, you need:
- Android tablet or phone
- Connector license (Datalab)
Advantages of cloud-based inventory compared to traditional physical stocktaking:
Flexibility and Accessibility:
A cloud-based inventory system provides flexibility and easy access to inventory data from any location and at any time. This is particularly beneficial for companies with multiple locations or those with remote warehouses. Employees can easily access the system via the internet, which facilitates the inventory process.
Accuracy and Reliability:
Using digital technologies, such as barcode scanners, enables faster and more accurate identification and recording of products. This reduces the possibility of manual data entry errors, which are common in traditional inventory methods.
Speed and Efficiency:
Cloud-based inventory is significantly faster and more efficient compared to traditional inventory. Digitalization of the process enables the automation of many steps, which accelerates the entire procedure. The system automatically records inventory changes, allowing for real-time stock monitoring.
Cloud-based inventory represents a significant advancement in inventory management and brings numerous benefits to companies of various sizes and industries. By using the wms@smartbit application, inventory can be carried out quickly in warehouses, retail stores, or wherever inventory is not managed by location. Through the interface connecting inventory and ERP Pantheon, the inventory count or stock status is transferred in real-time to ERP Pantheon, where stocks are adjusted to the counted status upon confirmation of the inventory.
