Why Fully Stocked Warehouses Need Cloud Inventory Management Software?

Let’s be honest: all-night stock take blitzes and over-complicated excel spreadsheets are painful to use, unnecessarily labor-intensive, and incredibly outdated.Why torture yourself and your team when there are cheaper and faster options available online?

Luckily for you, cloud inventory management is actually more affordable than the old-school methods you’re currently using and that’s just one perk.Below we’ve compiled seven reliable ways, cloud inventory management is a smart investment for your business.

Instead of combing through piles of reports from different systems and departments or worse making “educated” guesses cloud software lets you view up to the minute data on inventory levels through easy-to-understand reports and dashboards.And instead of relying on special, manual stock-takes that require extra labor and could interrupt your operations (costly for growing businesses and large, multi-location companies alike), cloud inventory software often includes features like QR code tracking that allow you to actively measure stock as it flows through your operations which can save you much more than the cost of a monthly software subscription.But the time-savings don’t end there the automation cloud inventory systems bring can drastically reduce the number of costly human errors you and your team make.

You may notice how well you sell during Christmas, but do you know when demand actually peaks and troughs?Questions like these are answered by inventory reports automatically generated by cloud software.

By knowing your lowest-selling items, you can make strategic decisions like upgrading those products, changing your marketing tactics, or ditching them altogether to focus on something new.And knowing when demand for your products is actually at its peak, you’ll be able to order enough stock without overdoing it, saving money and storage space while also maintaining enough safety stock to prevent “out of stock” notices that cost, you customers.With the inventory reports, you’ll get from cloud inventory software, you’ll be able to deeply understand the last quarter so you can effectively forecast for the next, which means better customer service and faster business growth.3.Speed Installation & Easier Employee TrainingThe old way of doing business required you to install software on each and every computer your team uses and have a dedicated IT department to keep that software running.This cuts into profits slow down training time and increase labor costs.

Cloud Inventory®, a leader in innovative inventory management technology, has announced that its mobile-first, cloud-based platform has strengthened its security credentials by receiving Veracode™ Verified Standard certification.

The certification, indicated by the Veracode Seal, recognizes that companies utilizing Cloud Inventory’s low-code inventory management solutions can be assured of outstanding security.Veracode Verified Standard certification is granted to applications and websites that implement specific additional security measures to pass a thorough code security review.

Companies that are awarded the Veracode Seal demonstrate robust security standards that protect their software from cybersecurity risks.Cloud Inventory’s low-code platform is built with the flexibility to provide both out-of-the-box performance and a high degree of configurability to meet a variety of supply chain needs, both in the warehouse and in field environments.

While in some cases low-code software can sacrifice security for speed, the Veracode Seal shows that Cloud Inventory’s software maintains both high security standards and efficient speed.

Receiving the Veracode Seal indicates that Cloud Inventory users can rely on secure implementation regardless of how the platform is used.

“This certification reinforces Cloud Inventory’s commitment to providing agile, real-time supply chain solutions,” said Chris Horsefield, CTO.