Delivrd Dashboard Layout

There is now a new Dashboard look which gives you more important information in one glance so you can manager you inventory better and more efficiently.

Sales Orders to Fulfill – These are orders that have been set to a Released status but still needs to be fulfilled for the customer.

Shipments Awaiting Pick-Up: The Pick and Pack step has been finished and the orders status has been set to Completed and is awaiting pickup by the delivery company for shipment to the customer.

Overdue Purchase Orders: These are orders that have not had their status changed to Released or the processing of the order has not been completed in the last 30 days and is overdue.

Inventory Alerts: Items that have reached their Reorder or Safety Stock levels and need to be replenished as soon as possible in order to continue conducting business in a timely and efficient manner without losing customers.twitteryoutube

Delivrd: Inventory Management

Inventory Alerts and Stock Monitor

Knowing when your product stock is running low is an key part of inventory management.

In Delivrd is now possible to view only the items that are below their Reorder or Safety Stock levels.

In the Dashboard page you can see the Inventory Alerts box. The number shown there represents the items that have reached their Reorder or Safety Stock levels and needs to be replenished or reordered as soon as possible.

For example, shown below are all the items that are in the system currently.

Note that there are four items showing that their stock is running low; highlighted in yellow and red.

This is reflected in the Dashboard under the Inventory Alerts box.

After clicking on the Inventory Alerts box you are taken to a new page showing the exact items that require your immediate attention.

You can now view all of your products that are running low or need to be reordered soon at a single glance!!!twitteryoutube

Delivrd: Inventory Manager

Superpowers of an Inventory Manager

An inventory manager is not just a guy lost somewhere between the warehouse racks. Actually, this position requires a unique, “superhero” set of skills, which will streamline a business, if properly applied. Before we dig deeper into those superpower skills, let’s take a look at typical daily activities of an inventory manager.

Superhero Inventory Manager: Daily Routine

 

  • Recording the Inventory. An inventory manager should keep a complete list of company’s SKUs and their characteristics as well as constantly update this list. For smaller companies, an Excel spreadsheet would be enough, but larger companies should use more sophisticated ERP and inventory management tools. Delivrd provides the convenient and easy-to-use Inventory List functionality.
  • Controlling the Stock. Inventory managers are responsible for tracking and controlling the available inventory items. They should always be aware of the number of new items that come from replenishment orders, and they should know which items are either low in stock or overstock. For these purposes, inventory managers can use specialized software such as Delivrd, with which they can count inventory, register issue/receipt, view transaction history, and more.
  • Working with Suppliers. A superhero inventory manager is responsible not only for finding reliable and cost-effective suppliers, but also for maintaining long-term partnerships with them. In smaller companies, an inventory manager can also process replenishment orders for purchase and delivery of new inventory items. Delivrd makes it possible both to keep a list of suppliers and manage replenishment orders with those suppliers.
  • Coordinating the Warehouse Staff. In larger companies, an inventory manager can lead a team of warehouse employees and control how they receive and record new stock. In other words, they should make sure that each item is on its place and there are no shortages.

This is just a rough list of what a superhero inventory manager can do during the day. But it’s not enough just to do it – it’s important how to do it. Let’s see which skills are essential for a true inventory management superhero.

Superhero Inventory Manager: Superpowers

 

  • Strong Math Skills. A superhero in the sphere of inventory management should definitely be a math genius. Unfortunately, inventory management software cannot replace human input by 100%, as the stock amount that is available on warehouse shelves should correspond with the amount in the database. And of course the role of an inventory manager requires more in-depth calculations during the inventory planning and forecasting activities.
  • Brilliant Knowledge of Data Analysis and Forecasting Methods. A good inventory manager should be proactive, not reactive. In other words, they should be able to research the current situation with inventory, make forecasts for the future, and always have a backup plan for emergency cases.
  • Multitasking. A job of an inventory manager is quite versatile, from counting and replenishing the inventory to hiring and managing the warehouse staff. Ability to handle all of those tasks and not to go crazy is for sure a superpower!
  • Organizational and Communication Skills. Ability to negotiate with suppliers, make profitable deals, organize supply and delivery – all of this belongs to organizational and communication skills that an inventory manager should possess.
  • Leadership Skills. As we’ve mentioned earlier in this article, an inventory manager can also be responsible for coordinating other employees and keeping them motivated, so leadership skills are vital here, too.
  • Personal Qualities: Reliability, attention to details, ability to concentrate.

Wow… Seems that being a superhero inventory manager is quite a challenge! But it only seems to be that hard. Actually, if any person, not only an inventory manager, enjoys what they’re doing, they prove to be the most motivated and dedicated employee. Do you agree?

PS: We at Delivrd are doing our best to help our users automate inventory management processes of their companies. Try our free app and see if it can help you become an inventory management superhero!

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