In previous blogs we've talked a lot about how useful Stockpile inventory management tool is. We've explained how it saves you time and money by making it easy to track your inventory whether you have one location or dozens. As easy as Stockpile is to use, it's also very important that you use it correctly and keep it up to date. The information you'll get out of the system is only as good as the data you put in. Keep reading for some tips on how to get the most out of using Stockpile powerful small business inventory solution.
Quick and Easy
Creating item records is quick and easy but that doesn't mean that you should rush through it. Taking the time to be sure that you enter all the data you may want to access in the future can really help you get more out of the system. Because Stockpile is fully customizable you can do more than just track price, supplier, and quantity on hand data. You can include information on available accessories, warranty details, coordinating pieces, and much more. It is so quick and easy to create records you'll easily have time to add additional details so that you can really benefit from the system.
Areas and Locations
Thanks to areas and locations you can be very specific about where items are stored. If you only input a vague description of where something is kept you'll only have a vague idea of where to find it when you need it. Be specific. Stockpile allows you to identify the room, shelf, and exact container where items are located. This makes it easy to find what you need when you need it.
Keep It Up to Date
It's important that you update your records as items are sold or moved. This is one task that you can't afford to overlook. Unfortunately many businesses let this slide until it's time for the annual inventory and by then it may be too late. Our local home improvement store's inventory tracker shows that they have 22 four foot wire shelves in stock. We've been there multiple times in the past few months and they never have any. We've talked with sales staff and they assure us that they will reorder the shelves but the quantity never changes and we have yet to find any on the sales floor. Obviously this is a problem. I suspect that the shelves aren't being reordered because the person in charge of placing the order sees a quantity of 22 and can't imagine why they need more. It's important to communicate when discrepancies are found and to keep those quantities up to date.
When you have Stockpile fully populated and kept up to date you have one of the most powerful inventory management tools you could ever need at your fingertips. Stockpile can eliminate inventory management headaches giving you more time to focus on other aspects of your business. Saving and time and money is always good for your bottom line so what are you waiting for? Try Stockpile today!
