oboloo

oboloo Glossary

Inventory Management System Small Business

oboloo Glossary

Inventory Management System Small Business

Inventory Management System (IMS) Small Business is an organized system that helps small businesses monitor and track their inventory. This system allows businesses to easily keep an accurate record of the items they have on hand, as well as those that are in transit or waiting to be received. By using IMS Small Business, business owners can easily see which products are selling well, which need to be reordered, and any problems that may arise from stock shortages or excess inventory. With this information, businesses can make smarter decisions about ordering and stocking their inventory, allowing them to save money and prevent lost sales due to stockouts. IMS Small Business also provides automated tools for setting par levels, generating purchase orders, tracking shipments, and processing receiving slips. Put simply, IMS Small Business enables small business owners to better manage their inventory so they can make the most out of each sale.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971