Businesses can use catalog management software to keep track of both the items they manufacture and the parts used to make their products. This type of software replaces manual paper logbooks and handwritten ledgers. Keeping track of your inventory simplifies bookkeeping because you can more accurately track your assets and credits. You can also find catalog management software that tracks products that sell the most so you can target your marketing efforts. Additionally, you need to stay on top of inventory control, how fast you use particular parts, how often you need to replenish parts and when to reorder. You can find catalog management software information for both types of applications. The key to such catalog management programs involves designing an internal numbering scheme to identify products sold and parts used. Once you design an intelligent numbering system, everything tracks in the electronic catalog by its number. Common fields allow sorting so the software can generate reports to help managers make intelligent business decisions.
Before purchasing catalog management software:
1. Determine how you will use catalog management software.
2. Define required features of catalog management software.
3. Compare catalog management software programs for the best option.
Decide what functions your catalog management software should performCompare catalog management software programs since some function only as inventory control, while others provide more extensive parts management. Once you explore the availability of catalog management software, you may decide to automate more of your supply chain functions besides just inventory.
Analyze catalog management software features available to youSome catalog management software programs contain many features, while others have specific applications. Some programs have report writers and Internet interfaces. Others have a collection of tools, including catalog printing, project management, barcoding, data backup and password protection.
Choose a catalog management software package most appropriate for your businessYour type of business, the size of your parts list or product line, and the size of your market helps determine which software program works best for you. Look beyond software features to additional benefits, such as free downloads, trial periods, customer service and automatic upgrades. Choose the program that is right for your business.
- Automating your catalog reduces labor costs. You save time because you can ship products faster, update your online catalog more quickly, and respond faster to demand by tracking which products are most popular. Take advantage of the time you save with catalog management software to streamline other areas of your business to create more profits.