Inventory Management Software
Our inventory management software allows users to efficiently track the exact location and stock levels of your products in real time.
At Dynamic Inventory, we understand that the biggest challenge for business owners is not being able to fulfill orders due to a miscalculation of inventory levels. Our inventory management software allows users to efficiently track the exact location and stock levels of your products in real time. Our team has developed a state-of-the-art inventory management system that will help streamline your processes and increase efficiency in your daily operations. We offer a powerful, user-friendly
inventory control software solution designed specifically with small to midsize companies in mind. Our inventory management solution is cost-effective and solves many common problems that only expensive enterprise-level solutions have solved in the past. Need a state-of-the-art inventory management system for inventory control and manufacturing? Dynamic Inventory allows companies like yours to efficiently track their inventory, products, vendors, purchase orders and sales orders.
Run a more efficient business.
Increase sales
Expand your business online with our multi-channel inventory management system. Set up and integrate your Amazon, eBay, Etsy, or Shopify account, and start selling your merchandise.
Manage orders
Manage your offline and online orders with our efficient order management system. Also, you can create purchase orders, back orders and drop shipments, all in a single inventory management application.
End-to-end tracking
Track every item or batch in your inventory with serial number and batch tracking feature. This way, you can either always keep a track on the movement of the items or have better control over the expiry of each batch.
Multiple shipping integrations
Get real-time shipping rates and in-transit details of major shipping carriers and choose a shipping partner for your business, wisely. A much-needed feature for a complete inventory management system.
Accounting and CRM integrations
Our seamless integration with Zoho CRM and Zoho Books automatically syncs all your contacts, orders and help you manage financial data without breaking a sweat.
Warehouse Management
Check stock level, manage inter-warehouse transfer, and generate reports for specific warehouses within seconds. Warehouse inventory management, at your fingertips.
Need for an inventory management software in Bangladesh
- Easy to manage and track inventories
- Increase in productivity
- Accuracy in recording and tracking inventories
- No worries of under stocking and overstocking of inventories
- Increased customer satisfaction
- Cost optimization at all level of inventories
- Get to know the fast-moving and high profitable inventories
- Help you get rid of the risk of old and expired stock
- Insights from reports help you in on-time business decisions
Reports from an inventory management system
- Stock summary – A statement that shows you the details of closing stock along with consumption details
- Go down report – A report that shows you the availability of inventories at the different storage locations
- Movement analysis report – Tracks and displays the movement of stock for a given period
- Stock ageing report – This report keeps track of stock age by classifying it into different ageing intervals
- Re-order level – Using this report, you can get to know the shortfall and the ones that require to be replenished
- Item-wise profitability report –Using this inventory report, you can get to know the item-wise profitability
- Order summary – You can track the orders that are placed, pending, completed etc
- Stock transfers – This report shows the details of inventory that transferred across different storage location or go downs
- Batch summary (Mfg. and Exp. date) – You can track the batch-wise or lot-wise inventories along with the manufacturing and expiry details.
What Is An Inventory Management System?
Inventory management Software is the process of ensuring that adequate stock levels are maintained to avoid interruptions in a business’s day-to-day operations. Businesses manage their inventory around the clock as they purchase new products and ship orders to customers. It is essential for companies to have a simple, effective inventory management tool to help facilitate and streamline their day-to-day inventory processes. The pillars of a successful inventory management system include the following:
Inventory Levels
The total quantity of a specific item or product that is in-stock at a specific location. When you look up an item in our software it will prominently display the total in-stock quantity on the product details screen.
Orders
A record that authorizes the sale or purchase of specific items for a specific customer or from a specific vendor. You are able to place sales orders, and/or purchase orders within our software and process them to affect stock levels.
Product Identification
A means of uniquely identifying a specific item or group of items. Within Dynamic Inventory you are able to identify products using SKU, barcode, name, or custom fields.
Top features of inventory management software
Simplified stock management
Organize your stock by product type, brand, color, size etc. by creating unlimited stock groups and stock categories. This being a small business inventory management software, you can organize the stock the way you want easily.
Warehouse/location management
Store and track your inventory in real-time by warehouse, racks, lot, bin etc. You can create multiple go downs to store raw materials, finished goods, components etc. at different locations such as warehouse, production floor, showrooms etc.
Manufacturing
Record the complete cycle of manufacturing right from the receipt of raw materials till the dispatch of finished goods including the details of by-product, co-products, and scrap.
Manage inventory batch-wise and lot-wise
You can store and track inventories by lots, batches etc. along with manufacturing and expiry date management. What’s more? The powerful inventory reports such as batch summary, batch-wise ageing, etc. help you stay on top of inventories.
Invoicing
You can create a professional-looking invoice in seconds and customize it the way it suits your business. You can print your company logo, add or remove the invoice details using the host of invoice configuration and track the receivables easily.
Bill of materials
Define multiple bill of materials (BoM) with a complete list of components, raw materials, assemblies, co-products, by-products, and scrap etc. along with the quantities required to manufacture a finished product.
Accurate inventory reports
Accurate and actionable inventory reports such as stock ageing, movement analysis, re-order level etc helps you manage optimum inventories always.
Job-Work
Record, track and manage material issues, receipts, consumption in the job work process both as principal manufacture and job worker.
Manage stock from/for third party
Manage and track inventories that have been sent or received from the third party, separately from your regular stock, especially in case of job work, consignment sale and similar situations.
Job/project-wise costing
Complete track of cost and revenue in form of specific order costing for all those manufacturing jobs undertaken according to customer requirements and specification.
Online business reports
Securely access your business data anytime, anywhere using a web browser
Benefits of Choosing Dynamic Inventory Software
There are numerous benefits to adopting inventory management software, including:
Make Informed Decisions
For businesses, every aspect of the company generating a profit depends on having sufficient inventory on hand. Dynamic Inventory allows .
users to make informed decisions based on real-time data from the software, through a wide range of built-in reports. Our Inventory Control System will provide you with the tools to accurately forecast future sales by giving you a snapshot of past sales performances
Increase Efficiency and Productivity
Our Inventory Management System will help Increase efficiency and productivity by reducing the amount of time spent on routine and complex tasks
. Dynamic Inventory has a user-friendly interface that allows users to report, search and input data as well as manage inventory with a click of a button.
Improve Accuracy of Sales and Purchase Orders
Improve accuracy of sales and purchase orders by using our powerful Order Management System.
. Dynamic Inventory allows users to reserve available stock across multiple locations to ensure customer demands are met.
Track Inventory across Multiple Locations
As companies expand into multiple branches, business owners need to be able to keep track of inventory levels at each location.
Dynamic Inventory has powerful multiple location tracking model that allows users to monitor inventory levels across multiple locations.
Avoid Running Out of Stock
Avoid Running out of Stock by utilizing our Low-Stock Alerts to notify you when products fall below your desired threshold.
Users will also have access to our Low Stock report, which gives you a breakdown of all items that replenishing and can be broken down by location.
Reduce Risk by Properly Managing Product Recalls
Dynamic Inventory provides users with access to track the exact location of products by Lot Numbers, Batch Numbers, and Serial Numbers.
This feature becomes extremely helpful if you need to facilitate a product recall for a batch of products.
Inventory Management Software Features at a Glance
Real-time inventory tracking
Reorder points & low stock alerts
Purchase management & supplier management
Barcode scanning
Reporting & analytics
Multi-location inventory management
Kitting
Serial number tracking
Expiry date tracking
Lot tracking
Integrations
Scalability
Frequently asked questions :
What is inventory management software?
Inventory management software is a computer program designed to help businesses manage their inventory levels, track stock levels, and automate inventory-related processes.
What are the benefits of using inventory management software?
Some benefits of using inventory management software include improved inventory accuracy, increased efficiency in order processing and fulfillment, reduced inventory holding costs, and better visibility into stock levels and demand.
What features should I look for in inventory management software?
Some important features to look for in inventory management software include stock tracking and management, order management, purchase order management, reporting and analytics, and integration with other business software.
Can inventory management software be customized?
Yes, many inventory management software solutions can be customized to meet the specific needs of a particular business or industry.
How much does inventory management software cost?
The cost of inventory management software can vary widely depending on the specific features and functionality offered, as well as the size and needs of the business. Some programs may be free or low-cost, while others can cost hundreds or thousands of dollars.
Can inventory management software integrate with other business software?
Yes, many inventory management software solutions can integrate with other business software, such as accounting software, e-commerce platforms, and shipping and logistics software.
Is it difficult to learn how to use inventory management software?
The difficulty of learning to use inventory management software can vary depending on the specific program and the user's level of experience with inventory management. However, many programs offer user-friendly interfaces and tutorials to help new users get started.
Is it safe to store sensitive business data in inventory management software?
Most inventory management software solutions have robust security features to protect sensitive business data from unauthorized access or theft. However, it's important to choose a reputable program and to take appropriate measures to protect your data, such as using strong passwords and keeping your software up to date.
Can inventory management software be accessed remotely?
Many inventory management software solutions offer remote access, allowing authorized users to access the system from anywhere with an internet connection.
Can inventory management software be used by businesses of all sizes?
Yes, inventory management software can be used by businesses of all sizes, from small startups to large multinational corporations.