Why ERP Gold is the Best Cell Phone Inventory Management Software

on October 17, 2019

In the fast-paced world of mobile device inventory management, wholesalers, retailers, and distributors face a myriad of challenges unique to the industry. Even with technological advancements, many companies still rely on partially or entirely manual processes for managing orders, stock inventory, and deliveries. This is further complicated in the mobile device sector by the necessity to serialize devices with an IMEI number, introducing an additional layer of complexity to an already demanding system.

Mobile Phone Sales Are Growing Exponentially!

The mobile phone inventory in circulation is expected to reach 6.94 billion units, and this number will likely continue to soar. Wholesalers are crucial in making mobile devices more widely available at competitive prices. With the increasing demand, they require robust mobile stock management software to enhance operational efficiency. This is precisely where ERP Gold steps in, equipping businesses with the tools needed to excel.

Optimized Serialized Inventory Management System

ERP Gold offers a customizable serialized inventory management system, which is essential for handling large volumes of mobile devices. Wholesalers often receive devices in varying conditions, necessitating a system to categorize and facilitate necessary repairs. The mobile device inventory management module within ERP Gold provides an effective solution, ensuring optimal organization and tracking.

Stock Inventory Control By Serial Number (IMEI)

Efficient tracking of every single item in inventory is vital, and for mobile devices, this means managing unique IMEI numbers. ERP Gold’s mobile inventory software streamlines the synchronization of IMEIs from purchase orders with the actual inventory received, minimizing errors, enhancing accuracy, and guaranteeing thorough inventory tracking.

Key Benefits of ERP Gold’s Serialized Inventory Management

  • Accurate valuation of mobile device inventory.
  • Effective mobile stock management software for reorder management.
  • Insights into which devices are capital-intensive.
  • Details on necessary repair parts and quantities.
  • Device categorization based on condition, and much more.

Comprehensive Mobile Device Software

ERP Gold offers a comprehensive mobile device management solution for wholesalers, distributors, and retailers. It meticulously tracks sales while managing the costs associated with not only acquiring phones but also their repairs. This precision in cost tracking aids in a more accurate calculation of profit margins, facilitating strategic business decisions, such as optimizing repair expenditures to maximize profitability. Included in the ERP Gold system is the ability to maintain organized customer records and sales data, which can be conveniently exported to formats like Excel.

Conclusion

ERP Gold’s mobile inventory management software offers an industry-leading solution that transforms the bulk buying, ordering, repairing, and distribution of mobile devices into a streamlined process. To explore how ERP Gold can assist you with your mobile inventory management system and control needs, click HERE. For a FREE consultation, call us at 888.334.4472. Prefer us to reach out to you? Fill out our contact form, or schedule a free consultation or demonstration today.

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AdminWhat is Manufacturing accounting software ? Elaboration

Is Email Marketing Still Relevant

on March 30, 2019

When the internet was still new and people were exploring it as a luxury, emails were taken as sophisticated and highly effective ways to target businesses. Everyone loved the notification “ You’ve Got An Email”

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AdminWhat is Manufacturing accounting software ? Elaboration

Why Do Small Businesses Need ERP Software?

on March 27, 2019

benefits of erp software for small business

Why do Small Businesses Need ERP Software?

Many small businesses claim that their size and operations are suitable for ERP implementation, while few of them understand the hurdles that are faced while implementing ERP Solutions such as high costs, infrastructure remodeling, and other expensive measures.

This discourages them from pursuing ERP solutions which might help boost the efficiency and effectiveness of their business operations.

Enterprise Resource Planning (ERP) is a complex science that involves lean mechanisms to ensure your business can cut through unnecessary costs and waste of resources and materials.

ERP software will allow your business to implement SOPs which are foundations of large organizations, this helps smaller businesses to ensure rapid growth as their software allows them to understand the mechanics of business expansion and efficiency.

When Do You Need ERP As A Small Business?

Small business budgets are limited and everything that is an investment in the business must be and adding a good percentage of value to the overall business. As a piece of advice, it’s better to implement ERP in modules as per growth permits, rather than going for the complete package.

As a business, there are certain areas that need focus if they want efficiency and smooth running of business operations.

  • Lack of Transparency
  • Discrepancies in Warehouse Inventory
  • Poor Production Planning
  • Mishandling of Finances
  • Difficulty in Decision Making

Web-Based ERP and Its Benefits For Small Business:

Thanks to cloud computing and advancements in data sciences, now small businesses can subscribe to online cloud-based ERP solutions. These serve as a cheap and effective solution for businesses to securely manage their business operations and data.

Major Benefits of Cloud-Based ERP Software for Small Business:

Cloud-based ERP solutions occupy zero space and cost as much as your Netflix account, the boost it gives your business, and its operations is something every businessman dreams of.

Listed below are some major benefits of Cloud Based ERP Solution:

  • Highly Transparent:
    Cloud-based ERP solutions allow your business to integrate data on a single platform and then sort it automatically as per your departmental needs.
  • Informed Decision Making:
    Management can get through tough crunches when it comes to major decisions with the help of data management provided by an ERP solution.
  • Better Internal Team Collaboration:
    Any good team needs communication and exchange of information, especially your workforce. ERP allows your employees to coordinate with each other and increase the fluid transition of data from one department to another.
  • Big Data and Business Analytics:
    Advancement in technology has made data an irreplaceable asset for any business. Big data represents data accumulated by businesses over the course of years.  This data helps businesses understand trends better and make informed and real-time decisions.

About ERP Gold:

ERP Gold is a full-stack intelligent Low-Cost ERP Software for Small Businesses.  This all-in-one solution provides complete control over lead generation to P&L statements, and all the analysis in the middle, in one platform.

It is a cost-effective ERP solution for your business. It allows small businesses to have their entire business at their fingertips anytime, anywhere.

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AdminWhat is Manufacturing accounting software ? Elaboration

How to stand out in Email Marketing between a herd of Emails

on February 21, 2019

stand out custom email marketing software

In the times where attention spans are shorter and people wish to see only the most relevant information about their own interests, it is getting harder to get the attention of the customer without a stand out email marketing campaign. There are options available to use, such as social media, search engines, etc. but the cost against the return that is earned is definitely lower than email marketing.

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AdminWhat is Manufacturing accounting software ? Elaboration

Accounts Receivable automation with QuickBooks & its Benefits

on January 07, 2019

Accounts Receivable automation with QuickBooks

Digitizing and making computerized invoicing methods are called Account Receivable Automation. Adding QuickBooks integration into Accounts would make it accounts receivable automation with QuickBooks. It performs a lot of different tasks that take away precious time of the company in normal conditions, such as; Using QuickBooks data for creation of invoices. Electronic delivery system for the invoices according to dates provided. Automated reminders, payment reconciliation from bank accounts and QuickBooks data, etc. The support of multiple types of payments is also present. (more…)

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AdminWhat is Manufacturing accounting software ? Elaboration