Try Waveon template for your stock management program with only essential features you want!

Is inventory management program really an essential?

“It's hard to manage the inventory in the process of buying and selling."

"Especially with many sales channels(distributors), it's not easy to accurately figure out what's in stock. I'm worried because cheap programs do not offer desired functions such as barcodes or warehouse management. plus, I don't want to complicate myself with ERP systems. On top of that Excel takes too much time with the risk of input errors.”

Managing inventory is one of the biggest concerns when selling products across multiple sales channels. Things can be managed to some extent with Excel when handling one or two products, however as sales increase and channels become more diverse, you’ll expose yourself to restrictions and limitations.

Moreover, you’ll get into a deeper hole if you can’t figure out what you have in stock as your business grow with more staff and inventories. You need to build a strong backbone and systemize the inventory so you can exactly visualize what you have and don’t have.

In addition, it is often difficult to track when and where the error occurred not to mention having wrong data if you manage it with Excel.

What if there was a cost-effective inventory management solution that could help you ease your worries? Take a closer look at the Waveon inventory template in this article If you're looking for a feature-only, easy-to-use inventory management tool.

Inventory management template with only the features you need

Have you been individually managing inventory quantity, orders and shipping, and client’s information via various Excel files?

Waveon inventory management templates allow you to gather all this information in one place with systematic management.

In addition to basic inventory management features, it offers several advantages such as task sharing, assigning staff, automation features, and flexible customization.

Let’s get into the details.

Customization without the complicated CODES

Waveon is a no-code platform that helps you easily customize your work tools, such as inventory management or order management, without any expertise knowledge. Therefore, unlike traditional inventory management software with fixed functions or formats, you can create the right tool for you by adding the desired functions.

Waveon provides a template without any complicated codes so anyone can basically manage inventories and utilize management functions.

You can also duplicate(copy&paste) templates without having to install a separate program.

You can choose and use only the functions you need! This is the smart inventory management program that simplifies your complexity. Small and medium-sized enterprises and e-commerce can definitely can save time and money by becoming simple and effective.

💡 Inventory Management Template Key Points

• Barcode conversion: The item code can be converted into a bar code form, making it more convenient to receive and ship.

• Support for multiple images: You can manage intuitively by registering multiple images on one item.

• Tracking data of receiving and shipping: Keeping a detailed record of inventory changes in the warehouse so you can check the quantity at a glance.

• Inventory adjustment function: You can easily correct and adjust changes in inventory due to input errors, warehouse move, and etc.

• Client management: You can register and manage client’s information systematically by allocating the person in charge.

👉🏼You can try the Inventory Management Template now.

The details of the Inventory Management Template

Functionality of Inventory Management

The inventory management template supports integrated management for item, shipment, adjustment, and client. It also provides a barcode conversion function where you can manage shipment information more precisely even if you have many items.

Let's take a closer look at each item.

• Image

You can manage the product more intuitively by registering multiple images. It would be easier to visualize the product if you have images of the product from different angles as well as detailed images such as labels.

• Item code/barcode

If you enter the item code you are using, it will be automatically be converted into a barcode. The converted barcode can be printed and attached as a label which can be recognized with a scanner.

• Inventory

The inventory quantity is automatically updated when changes are made to the shipment. This allows you to grasp the accurate inventory status and reduce errors.

• Category

You can set categories and classify them if you are selling various types of products. You can organize products by types so it would be easy to search when needed.

• Purchase price/sale price

You can register the purchased price and the shipping price of the product and check them at a glance. You are able to make price adjustment more efficiently as you can visualize the actual profit.

In addition, you can enter basic product information such as the item name, brand, and minimum inventory quantity. Once that’s completed, you can quickly find them by using search and filter engine.

Inventory management

• Simple stocking procedure

Just click on the product you want to stock from the list of products and enter the vendor, stocking date, and quantity to complete the stocking. You don't need to enter separate formulas or use complex functions to calculate, as the stock quantity is automatically updated. Therefore, you can manage the data accurately and without mistakes.

• Detailed stocking history

The stocking date, quantity before stocking, and quantity after stocking are all recorded. You can also analyze the stocking pattern of specific products to optimize the ordering time.

• Can save attached files

You can save attached files, so you can register necessary documents such as transaction statements or tax invoices.

Shipment management

• Simple shipping procedure

Just like receiving, you can click on the product to be shipped from the product list and then enter the shipping date and quantity, and proceed with the shipping. Once the shipment is complete, the shipping details are automatically recorded and the inventory quantity is updated, making management much easier.

• Detailed shipping history

You can check the shipping date, quantity before shipping, and quantity after shipping on the shipping history page, so you can easily understand the inventory flow. It is easy to analyze products that sell quickly to prevent inventory shortages and determine the timing of reordering.

• Able to save attached files

Item adjustment

While running the business, there’ll be situations where inventory quantities need to be adjusted for various reasons. In that case, case you can use the inventory adjustment function to respond quickly to unexpected situations.

• Correcting incorrect inputs: You can correct errors in inventory data entry.

• Warehouse transfer: You can accurately reflect inventory by keeping a record of which warehouse was moved to which warehouse.

• Handling defective/lost inventory: Adjust inventory that cannot be sold due to damage, loss, expiration, etc.

• Reflecting inventory count results: Match inventory data with inventory count results.

Vendor Management

When dealing with multiple Vendor, it is important to provide different conditions and manage them accordingly. If client’s information is not organized systematically, it can be difficult to find order details.

In the inventory management template, you can register Vendors and designate the person in charge with their information. This will make your business transaction easier as you know who to pinpoint even if the Vendor or the person in charge changes.

Once you register Vendors, you can select and drop-down when stocking products, so you don't have to enter the client’s information every time making things convenient.

Waveon Basic Functions

• Set access rights: Share with your team members and use them together. You can grant different access rights for each user such as viewing only to editing.

• Bulk data upload: In addition to individual product registration, you can also register in bulk by uploading Excel/spreadsheet files. Data managed in the template can be downloaded as a CSV file any time.

• Set up notification using logic: You can set up automated functions such as setting up safety stock, automatic order placement and, etc. You can also set up notifications to be sent when certain events occur such as orders from clients.

Try it now.

Small and medium-sized businesses and startups that lack resources such as manpower, budget, and time need to increase efficiency.

However, it can be burdensome to build an ERP system or subscribe to an inventory management program. That's why many people resort to utilizing Excel for familiarity despite the inconvenience.

Excel is accessible, but it has clear limitations. The data that can be handled is limited, and errors are likely to occur because it is managed manually. It is difficult to share the latest information if each manager or department individually manages the inventory, orders, shipments and clients.

Then, how about resorting to Waveon's inventory management template?

You can easily utilize essential functions such as barcode conversion, inventory updates according to orders and shipments, categorizing and client management. This will increase the efficiency of inventory management while members with access rights can check data in real time, making collaboration easy.

Waveon will continue to provide various templates that will help with your business. Give it a try and contact us anytime if you have any questions.

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