The inventory management software scales with your demand
Achieving complete end-to-end stock visibility in real-time has never been more accessible. Heightened accuracy ensures your pick, pack and ship processes never skip a beat ensuring your customers experience is enhanced. OrderWise Inventory Management enables you to streamline regular inventory operations with a scalable solution that supports sustainable business growth and evolution. Gathering data from your sales and operations, provide accurate business insights and interpret your finance operations. While sustaining optimised purchasing and selling quantities year-on-year.
Achieve end-to-end visibility
Meet industry standards
Reliable data
Enhance daily operations
Track, trace and verify from start to finish
End-to-end visibility
From goods in, to despatch, have comprehensive visibility of your complete inventory in real-time. Inventory management software allows you to work cohesively throughout various site locations and automatically capturing detailed component specifics.
Monitor your supply chain movements and know in advance when goods are catalogued for receipt. See a full breakdown of your inventory allocations, and, in the warehouse, locate and process stock quickly.
Maintaining all your compliance requirements
Industry standards
Inventory management software is not complete without guaranteeing businesses can provide items to their customers safely and within regulatory standards. Sustain a compliant inventory with software features like full serial and batch number traceability, stock discrepancy flagging, and the logging of specific variations against each item.
Make the most of your inventory with accurate figures
Report on accurate data
Save time and eliminate human error by synchronizing your inventory levels across your sales channels, all from Orderwise’s inventory management software.
Have full visibility of your stock regardless of where they are in the supply chain and save time in the event of a product recall. Benefit from improved productivity and more comprehensive cost-savings by sustaining efficient processes for ordering, managing, tracking and selling stock. All from receiving reliable and instant data.
Your day-to-day stock tasks functioning smoothly
Enhance your daily operations
On the ground, whether working within a single warehouse or across the whole organisation, complete tasks such as inventory transfers or adjustments quickly, and easily tick off those dreaded annual stock takes without holdups.
Inventory management software allows you to perform your daily stock operations without errors and delays, as every task from fulfilment and picking, to maximising sales gains greater accuracy and productivity. You can increase your throughput without growing your costs, and allow your company to expand its reach successfully.
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Talk to a member of the OrderWise team today about our Inventory Management SoftwareInventory Management Software for your industry
Wholesale Distribution
Since the early 1980s, Orderwise has been powering the work of wholesale distribution businesses. Today, the platform is still at the heart of many leading distributors’ operations.
Orderwise inventory management software is the leading software for wholesale distribution customers. It gives you full visibility into your supply chain, stock and profit margins from one central hub. You’ll be able to manage your finances, reporting and sales with a workforce harnessing the power of barcode-scanning technology.
Merchant and Trade Counter
At OrderWise, we understand that business is tough. That’s why we created multi-channel software solutions more than 30 years ago to help businesses in the retail industry achieve customer excellence by sharing data across multiple sales channels.
Our easy-to-use software improves your customer experience across your digital and physical channels, regardless of whether you sell online, over the phone or in person.
Retail
Retailers need to create a seamless multi-channel shopping experience and a functional back-end operation to keep up with customers’ high expectations.
Those retailers that use an OrderWise inventory management system with tight stock control will be able to unite their customer’s online, mobile and in-store experiences, and become industry leaders.
Manufacturing
Use OrderWise inventory management systems to keep control of every aspect of your manufacturing processes. Our award-winning software helps you achieve complete cost and parts control, rapid production, and increased accuracy all year round.
This single-source solution that allows you to simultaneously manage simple builds or multi-level assemblies, while keeping control of costs and materials. Having the capability to cater to all of these competing demands met by the manufacturing industry.
Pharmaceutical
To help healthcare and pharmaceutical businesses meet demanding regulations as well as streamline their operations, we offer a comprehensive integrated solution that combines our ERP and WMS software.
Orderwise inventory management software solution is fully FMD compliant to help healthcare and pharmaceutical businesses get ahead of demand, as well as keeping track of ever-changing data for your products, customers and regulations.
Food and Beverage
OrderWise inventory management software is experienced in building cost-effective solutions to manage expiry dates, batch numbers and storage temperatures within a food and beverage environment, to weight, volume and package management.
OrderWise has the experience and expertise to help you manage and simplify your processes while factoring in cost-efficient solutions to help drive your business forward.
Apparel and Footwear
Keeping up with fashion trends in the apparel and footwear industries can present operational challenges, but that doesn’t mean keeping your business on the cutting edge should be taxing work. Use the Orderwise inventory management solution to manage garment sizes, styles, ranges, promotions, and control your supply chain.
Both business-to-consumer (B2C) or business-to-business (B2B) traders can benefit from slick systems to cope with challenging business situations.
Key features
Industry Compliance
Track batch, serial and expiry numbers, and verify items for component or storage requirements with modules for your industry’s compliance standards
Warehouse Management
Achieve rapid order fulfilment across all your warehouse sites, increasing throughput with precision and aided by Mobile WMS for Android
Purchasing and Sales
Access real-time and historical data to calculate purchasing decisions and stock allocations, maximising your sales with perfect stock visibility
Business Intelligence
Gain accurate and valuable insights into the way your business operates, and create rapid reports from your stock control data
Courier Integrations
Streamlined shipping through full integration with 60+ courier providers, for automatic operations and EDI
Ecommerce
With stock control, feed your data into customer order updates and live stock level displays for simple online order management
What are the goals of good inventory management?
The key role of inventory management is to hold costs. Investment in inventory is very high, especially for those businesses that deal in manufacturing, wholesale, and retail trade. Therefore, the business needs an outlet which can control these costs.
Inventory management software is a system which is used to keep control of stock in such a way that a business is never overstocked or understocked.
Its goal is to eliminate human error, enhance the purchasing process and ensure a continuous supply of material and stock so that production never skips a beat.
30 years’ experience, 1000+ customers
With 30 years of experience in providing inventory management software solutions to businesses like yours and over 200 experts working from our purpose-built head office, you can be confident when dealing with OrderWise that our software, experience and expertise will directly benefit your business. We work with thousands of SME’s and large Enterprises to help sustain their growth path and provide efficient, reliable and full scalable solutions.
What Is Inventory Management?
Inventory management is a combination of methods that control; supply chain management, inventory control, demand forecasting, and logistics. It is usually the first step taken before warehouse management. Inventory management is a very involved process of control, including safety stock checks, economic ordering quantity, cost of goods, inventory turnover, customer-managed inventory, and vendor-managed inventory.
Inventory management can help to reduce investment in standing inventory, shipping costs and logistics. When used correctly it can efficiently save both manual labour time, costs and overall investment.
What our customers say…
“
On the stock control side, obviously we have a lot of different ranges and products. By having everything in one place, it makes things easier as you know a product is going to be in that place, in that amount. It’s also easier for the staff putting on the orders, they can check to see how much is in stock, whether it is in stock at all, and then we can just run the OrderWise To Purchase Report to pick up what we need to buy and what we don’t.
Jaron Hine-Maddock, Juice Sauz
Systems Administrator
Systems Administrator
“
OrderWise has improved the management of stock levels and contract production to ensure maximum possible shelf life is maintained. Many of our contract products have a 12 month shelf life and require a minimum of 11 months at the time of receipt by the customer. Batch traceability means we can control this and also enables any product falling below 6 months to be provided to customers with a fast turnover thus minimising wastage.
Mal Pattison, Hart Biologicals Limited
Operations Manager
Operations Manager
“
We’ve got much better visibility of stock now and because OrderWise is an automated system we know exactly where an order is on its journey, so that’s really helpful if customers call up to check on the progress of their order. It’s also meant better service for our customers because they now get regular updates on when their parcels have been despatched via OrderWise.
Nicola Rand, Hunkydory Crafts
Project Manager
Project Manager
L&S Engineers
L&S Engineers employs over 70 staff and sources products from around 600 suppliers, allowing the team to produce a product catalogue each year for their customers to consolidate suppliers.
View case study
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Understand how to choose the best inventory software for your business
From initial supply to final doorstep delivery, tracking your stock can prove vital to your business’ success. To do this accurately, your inventory management software needs several key features so when looking for inventory software you need to be asking yourself the following questions:
Are you using one inventory software solution?
Does your inventory software have live data capture?
Does your inventory software meet industry standards?
How well does the inventory software integrate?
Is your inventory management software a scalable solution?
For all your business actions to add up, your teams need to work from the same software page. Across warehouse locations and sales channels. You need complete visibility of your business’ stock controlling systems data from one source of truth, your inventory management software. To avoid a build-up of unnecessary errors, one central solution should work throughout your chain of supply and internal operations. It should keep an ongoing accurate log of your stock management, movements, specifications, and quantities.
Your software needs to have real-time capabilities. However precise your stock data might be, there is no use making impactful business decisions; forecasting, purchasing, or even pushing for that extra sale, if your stock data is out of sync with the times.
In all, out of date inventory information leads to a wider picture of delays, errors, heightened costs and missed opportunities. Data that was accurate years ago, might bear no relation to now if you fail to keep ongoing track of consumer shifts. Stock availability one morning could all be allocated just a few hours later, leaving you unable to cater for demand.
Whether struggling with your accounting figures or your warehouse, having inventory management software that provides live tracking throughout your operations helps to tie all your actions together across your business. Tracking every action as it happens, you can use this data for analytics to fuel informed decision-making for the future.
The best inventory management software should also consider your industry requirements. For health and pharmaceutical businesses, for instance, there are strict FMD requirements. The food and beverage industry must keep a firm log of batch, expiry dates and storage requirements for each item to ensure they meet food and hygiene standards. For businesses with high volume returns, such as retail, you need to track quarantined goods for coronavirus regulations.
All these factors must be taken into account when choosing your software. Features such as full serial and batch number traceability, stock discrepancy flagging, and the logging of specific variations against each item can all help with this process.
You can find the best-performing inventory management software but, unless it can integrate with the other systems your business uses, along with that of your external partners, it can end up slowing your operations down. Having to manually rekey information across systems only leads to unwanted errors and wasted time. The result – a jam on your business progress, with too many operational backlogs and unwanted extra costs.
Software that provides full integration connects your operations into one automated solution. That’s internal, for everything from your Enterprise Resource Planning System (ERP), your Warehouse Management System (WMS) and your specialist accounts software, like Sage or Xero. But also, software that integrates externally, with your couriers and suppliers. Your website and sales team need instant stock availability to keep on top of stock controlling systems. Your accounts department need to see the flow of goods for valuations. When you can unify your operations – across systems and staff, your business becomes a well-oiled machine. Every process flows into another automatically, with complete visibility and traceability.
The last thing your business needs is to be thwarted by systems that can’t cope with your success ongoing. Hence, the best inventory management software for your business should be able to scale to your needs. Your systems need to adapt in line with your business as it evolves.
That’s not to say you need to be able to predict exactly where your business is headed. Instead, your software should be flexible enough to cater to whatever change comes your way. You may be ready to add on extra software modules for your departments, such as your accounts or marketing teams. You might even discover you need to manage greater business capacity than before and require new integrations and connectivity.
Whether you need to integrate with new couriers or connect with a new sales channel, your provider needs to be able to stick with your needs long-term. What we can rely upon is that businesses will need to evolve to keep up with the times. Your inventory management software needs to match this drive for innovation.
