What is Product Tracking Software?
Product tracking software is software that a business uses to track the movement and status of its products. This software is often used to monitor stock quantities, movement of products in the supply chain, what products are bought and sold in warehouses and when, which customers are shipped and when, and the quality of products.
Product tracking software helps a business understand where its products are and where they should be. In this way, the business can optimize stock levels, anticipate problems in the supply chain, and improve customer service.
Product tracking software usually works as a database so that all product information can be stored in one place. Also, this software is generally web-based so that employees in various parts of the business can access and keep up-to-date information.
A product tracking software can track the movement of products, usually by entering the tracking numbers, dates, quantities, prices, and other information of the products you want to track. Some software also lets you add product specifications, images, and other additional information.
This type of software usually allows Businesses to track suppliers, stocks, sales, costs, customers and other data. In this way, businesses can make informed decisions to reduce costs, increase sales and increase customer satisfaction.