If your business is in eCommerce, then you know that inventory management is essential to your success. Not only do you need to keep track of what items you have in stock, but you also need to be able to track inventory levels and trends. This can be difficult to do when you are dealing with a physical inventory. But thanks to mobile apps, this process has become a lot easier.
What Unique Challenges do Tradeshows and Showrooms Face?
One sector of eCommerce is in tradeshows and showrooms, which like other product-based businesses, contend with a lot of inventory. This can include product samples, marketing materials, and even clothing inventory. Keeping track of all of this inventory can be a challenge, particularly if you don’t have a good system in place.
This is where inventory management apps come in. These apps can help you keep track of all of your inventory, no matter where it is.
What Are Inventory Management Apps?
Inventory management apps are software applications that allow you to check live inventory movements, trends and other data. They have powerful analysis and data collection features, allowing you to easily monitor key metrics.
Why Are They So Important?
Having a dependable inventory management app gives you the ability to quickly adapt to inventory changes, something that is extremely critical in tradeshow and showroom environments.
You can leverage the actionable data that inventory management apps provide to make better business decisions and continuously improve operational performance. They are also key to growth since they can help you streamline and optimize inventory to save time and money.
Benefits of Inventory Management Apps
There are several ways that inventory management apps can help you, but here are some of the more important ones:
One of the most important features of inventory management apps is the ability to track inventory levels in real-time. This information is essential for keeping your business stocked with the right products and for making sure that you don’t oversell items or stock out. You’ll typically get a stock-out warning in the form of a low inventory alert, so you can quickly reorder products.
Inventory management apps can help you increase sales by giving you the ability to see what items are selling well and which ones are not. This information can help you make decisions about what products to stock more of, and which ones to discontinue. You can use the money from your increased sales to reinvest in your inventory and grow your business.
Efficient for Tradeshows and Showrooms
Tradeshows and showrooms depend on critical turnaround times and high-volume ordering. With this in mind, it’s essential that these industries have inventory management tools in place to help them keep track of inventory levels and ensure that they always have the products they need on hand.
N41’s Mobile App and Features
The N41 Mobile App was developed with tradeshows and showrooms in mind, and it provides you with lightning-fast order-taking features. You can use it to scan your show samples at the rack instead of losing valuable time moving them over to the register. The streamlined process allows you to use much-needed floor space for show samples and customers vs. using it for computers.
Additionally, the N41 mobile tradeshow module provides you with real-time stock when it replicates remotely with your primary N41 database. Orders placed at the shows are synchronized directly with your warehouse or fulfillment center so orders are processed immediately.
Lowers Hardware Costs
Inventory management apps can lower the cost of hardware by allowing you to use your existing devices, such as smartphones and tablets, to track inventory. There’s no need to purchase expensive inventory scanners or dedicated inventory terminals.
Inventory management apps can save you a lot of time by automating many of the tasks associated with inventory management, such as reordering products and checking inventory levels. This can free up your time so you can focus on other aspects of your business.
Inventory management apps can also provide you with valuable insights into your inventory levels and trends. This information can help you make better decisions about what products to stock and how to manage your inventory. For instance, the easy-to-use interface of the N41 mobile app allows you to quickly view, email and print critical sales order information.
N41’s Clothing Inventory Mobile App and Features
N41 caters to the needs of tradeshow and showroom professionals that are in the trenches of inventory management with an inventory management mobile app that is available for both iOS and Android devices. The app includes features such as live inventory checking, sold-out warnings, credit card capture with safe encryption and database replication that enables same-day shipping.
To learn more about how N41’s inventory management mobile app can elevate your business, please visit our website and schedule a demo today.