What are inventory solutions?
Inventory solutions are software systems that help you to manage your inventory of goods, materials, and assets. Inventory solutions enable you to track the quantity, location, status, and movement of your inventory items. Inventory solutions also help you to optimize your inventory levels, reduce costs, improve customer service, and comply with regulations.
Why choose Livera Track for inventory solutions?
Livera Track is a trusted provider of inventory solutions for various industries. We have over 20 years of experience in developing and implementing inventory solutions that suit your specific business needs. We offer:
- Customization: We tailor our inventory solutions to your unique inventory requirements and goals. We do not offer generic or off-the-shelf solutions that may not fit your business processes or expectations.
- Integration: We integrate our inventory solutions with your existing software systems, such as ERP, CRM, accounting, etc., to ensure smooth data flow and communication. We also support various data formats, such as barcode, RFID, QR code, etc., to facilitate easy identification and tracking of your inventory items.
- Automation: We automate your inventory operations, such as ordering, receiving, storing, picking, packing, shipping, etc., to eliminate manual errors and inefficiencies. We also provide alerts and notifications for any inventory issues or events, such as low stock, expiry date, damage, theft, etc.
- Analytics: We provide you with real-time and historical data and reports on your inventory performance and trends. You can also use our advanced analytics tools to generate insights and forecasts on your inventory demand and supply, inventory turnover, inventory valuation, etc.
- Security: We protect your inventory data with robust security measures, such as encryption, authentication, authorization, backup, etc. We also comply with the relevant inventory laws and regulations.
What are the features of our inventory solutions?
Our inventory solutions offer a comprehensive set of features that cover all the aspects of your inventory management. Some of the features are:
- Inventory Tracking: This feature allows you to monitor the quantity, location, status, and movement of your inventory items in real-time. You can also view the history and audit trail of your inventory transactions and activities.
- Inventory Optimization: This feature helps you to maintain the optimal level of inventory for your business needs. You can set reorder points, safety stock, minimum and maximum levels, etc., for your inventory items and get automatic suggestions for replenishment orders.
- Inventory Valuation: This feature enables you to calculate the value of your inventory using various methods, such as FIFO, LIFO, average cost, etc. You can also track the cost of goods sold (COGS) and gross profit margin (GPM) for your inventory items.
- Inventory Reporting: This feature provides you with various reports and dashboards on your inventory performance and trends. You can also customize and export the reports as per your preferences.
- Inventory Control: This feature helps you to ensure the quality and accuracy of your inventory items. You can perform regular physical counts, cycle counts, stock adjustments, etc., to verify and update your inventory records.
- Inventory Allocation: This feature allows you to allocate your inventory items to different locations, customers, orders, projects, etc., based on various criteria, such as availability, priority, cost, etc.
How do we implement our inventory solutions?
We follow a systematic and agile approach to implement our inventory solutions. The steps are:
- Requirement Analysis: We understand your inventory needs, goals, challenges, and expectations from the inventory solutions. We also study your existing inventory processes, systems, and data sources.
- Design: We design the architecture, features, functions, and user interface of the inventory solutions. We also create the database schema, wireframes, mockups, and prototypes.
- Development: We code and test the inventory solutions using the latest technologies and tools. We also integrate the inventory solutions with other software systems and data sources.
- Deployment: We deploy the inventory solutions on the cloud or on-premise servers. We also provide training and support to your staff and users.
- Maintenance: We monitor and maintain the inventory solutions to ensure their smooth functioning and performance. We also provide updates and enhancements to the inventory solutions as per your feedback and changing needs.
How much do our inventory solutions cost?
The cost of our inventory solutions depends on various factors, such as:
- Features: The number and complexity of features you require for your inventory solutions.
- Integration: The number and type of software systems and data sources you want to integrate with your inventory solutions.
- Deployment: The choice of cloud or on-premise deployment for your inventory solutions.
- Maintenance: The level and frequency of maintenance and support you need for your inventory solutions.
Based on these factors, we can provide you with a customized quote for your inventory solutions. Please contact us to get a free consultation and estimate for your inventory project.