Out of stock, best of luck

Tracking inventory for small to medium sized businesses (SMBs) is critical and the ease of use is just as important.  If your software is difficult to maintain and use, it will be of no value. When you lose track of your inventory levels, customer service begins to suffer, and chaos sets in.

SMBs can lose money due to order mishaps. Accurate inventory management can mean the difference between being profitable or going into bankruptcy. Too little inventory, you can lose out of potential sales and customer service begins to suffer. Not to mention that your customer goes to your competitor to fill the order.

Too much inventory

What happens if you have too much inventory? Do you have to reduce the prices to sell it quickly because you have to clear space for new inventory? And with too much inventory, you’re probably holding up funds that you can allocate to other parts of your business.

As for me, I’m obsessed to helping SMBs grow. I love working for technology companies that can help businesses run more efficiently to stay competitive. And yes, there’s a solution to these inventory mishaps for SMBs. If your business is on an entry level accounting solution, you are probably suffering from inaccurate inventory levels and poor inventory costing. Well, let me introduce you to Gravity Software^® (Gravity). Gravity gives you real-time visibility to your inventory status and inventory requirements.

Real-time inventory

Gravity’s online accounting software is built on the Microsoft Power Platform (aka Dynamics 365) and provides SMBs with the distinct advantage of having financials and CRM fully integrated. With Gravity’s Inventory module you can manage re-order points, minimum and maximum inventory levels and show a real-time available to promise. It just makes sense with Gravity, you get complete visibility into your inventory at any time.

Gravity combines the features and power that smart businesses need with ease of use. In addition to multi-location inventory and real-time inventory tracking, Gravity provides all the recognized costing methods: First In, First Out (FIFO); Last In, First Out (LIFO); Weighted Average; Standard Costing and Specific Identification. Gravity’s Inventory Advanced Pricing features provide powerful, yet flexible pricing options for customers, such as:

• Pricing by Customer

• Pricing by Customer Type

• Pricing by Item and Item Type

• Pricing by Unit of Measure

• Quantity Breaks

No more devastating year-end inventory adjustments reducing your company’s profit. Out of stock inventory? Best of luck! Gravity believes that inventory transparency is key to running your business properly, and to saving your business money.