Production and inventory management software
It allows companies to manage everything from raw materials and work orders to production schedules
and finished goods tracking. This software replaces manual spreadsheets and reduces human error by
automating stock‑related processes.
It allows companies to manage everything from raw materials and work orders to production schedules
and finished goods tracking. This software replaces manual spreadsheets and reduces human error by
automating stock‑related processes.
Typical functions include:
- Production planning and scheduling
- Work order management
- Tracking production stages and performance
- Quality control and compliance checks
- Resource allocation (machines, labor)
- Reporting and analytics on production metrics
- Real-time tracking of inventory quantities
- Barcode/RFID scanning and mobile support
- Automated reorder triggers when stock is low
- Forecasting and demand planning
- Tracking items across warehouses and locations
- Generating inventory and cost reports
Why Use Software Instead of Spreadsheets?
"Manual" management leads to two major risks:
Stock-outs: You have customers ready to buy, but no product to give them (lost revenue).
Dead-stock: You bought 1,000 units of a product that isn't selling, tying up your cash in a warehouse.
Benefits of Production and Inventory Management software :
- Efficiency & Productivity
- Cost Reduction
- Better Planning & Forecasting
- Quality & Compliance
- Integration & Transparency
Who Uses Production and Inventory Management Software?
- 🏭 Manufacturers
- 🏬 Distributors & Warehousing Businesses
- 🛍 Retailers & E-commerce
- 🍲 Food & Beverage, Pharma & Healthcare
- 🧰 Small & Medium Enterprises (SMEs)
Who makes production and inventory management software in Bangladesh?
- Software Solution Company
- ERP COM BD
- Smart Software Ltd.
- AKIJ iBOS – Managerium ERP
- Glorious IT