Inventory refers to taking stock of all the assets of a company. It is part of the principles of proper accounting (according to the the law). Professional inventory software such as Timly is designed to provide the best possible support for those responsible in companies for the management of operating resources.
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Each type of inventory has its advantages and disadvantages. Ultimately, however, all are labour-intensive and have the potential to disrupt business operations. Timly has addressed this problem by integrating several solutions into its inventory software with barcode scanner.
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Many companies only realise that maintenance software is needed when it is too late: an important order is due, but the relevant machine suddenly makes suspicious noises. An official letter announces that inspection deadlines have passed or an employee suffers an accident because he was using something with a previously unknown defect.
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Material management is of great importance in modern companies. Resources are becoming increasingly scarce and thus more expensive. Conscious handling of materials not only saves costs, but also stands for sustainable corporate management. An important prerequisite for this is to keep an inventory of the material and work equipment used.
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The inventory number is small and inconspicuous, but it is very important. Without it, a lot can quickly go wrong because it ensures order and traceability. For example, if you find a piece of equipment in the workshop in the morning without an inventory number, you don’t know who is going to use it today or what its condition is. You have to rely on a colleague who happens to come by and knows more.
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Many companies have not yet gained experience with cloud software for inventory processes, but those that have taken the step towards inventory management via software can report their advantages.
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