B2B Info Center

 Every business owner understands that inventory is a vital asset. QuickBooks, a robust accounting program, efficiently tracks your business finances while offering several versions that excel in inventory management. Selecting the correct version of QuickBooks is crucial for those running a product-based business. Utilizing the appropriate version can provide the necessary inventory accuracy and functionality, helping you sidestep the costs and complexities of additional inventory management software.

Your order fulfillment system can be one of the most important aspects of your business, and when it is not up to date, your business suffers. If you continue using a manual order fulfillment system, it is time to reevaluate your decision. There are many reasons why a more automated order fulfillment system can be more effective for your business.

Choosing the right inventory management system for your company is a pivotal decision. It's a substantial investment that your business will rely on for the long haul. Therefore, selecting a system that aligns with your company’s evolving needs is crucial. While you may not have the budget for a feature-rich program now, focus on inventory management software that covers all the essentials. Here are six fundamental aspects to consider for your next inventory management solution.

If you use a 3PL to do your order fulfillment, you are faced with the daily challenge of sending them your orders before the shipping deadline. Software that allows you to send your shipment requests to your 3PL in a batch without any data entry can be the key to speeding up the fulfillment process.

Does your 3PL (third-party logistics provider, aka bonded warehouse or public warehouse) require you to perform order entry into their portal, create an order file that matches their specification, or email them individual PDF packing lists?

A system that integrates your accounting software (such as QuickBooks) with your warehouse can save you time and money by speeding up the fulfillment process and by reducing re-ships and returns.

When you run a product-based business, it's critical that you have a firm grasp on supply and demand, your inventory levels, plus purchase orders to your suppliers or work orders to your production floor. It's easy to make errors when you don't have an accurate view of your inventory. You could sell products that you don't have in stock or fail to order or produce products on time. You can also make errors if you don’t have an accurate view of your current and future sales.