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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Of course, there is the possibility to use free inventory software solutions and checklists for inventory. But is this advisable for a professional management of resources? So much in advance: We are of the opinion that this is not advisable, because free inventory software usually only offers rudimentary functions for managing inventory.
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Timly Software AG is pleased to announce a new partnership with innovative technology company Scandit. The leader in smart data capture, Scandit was founded in 2009 by three researchers from ETH Zurich, MIT and IBM Research. Since then, it has enjoyed global success, with Series D funding in 2022 making Scandit AG a unicorn (a company with a market valuation of over $1 billion).
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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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