Real-Time Inventory Management to Support Smart Decisions
Ways our inventory management features can improve your business
Manage items sold in size/color variants
Manage the size/color/other variants of matrix products by using matrix grid and attribute lists
Automate the creation of POs
Ability to set minimum inventory levels and reorder levels by item to automate stock replenishment
Track inventory across multiple locations
Manage inventory across multiple stores and transfers inventory from one location to another
Update stock levels via file imports
Update stock levels in bulk by importing inventory data via CSV file imports
Real-time Multi-store Inventory
View real-time stock information across all store locations – including open stock, committed stock and items on order (if you create purchase orders in MicroBiz). As MicroBiz is cloud-based, inventory can be managed via any internet-connected device anywhere in the world.
Matrix Product Inventory
MicroBiz manages matrix items (i.e. when a parent SKU or style comes in a variety of size/color/other variants). You can set-up reusable size and color attribute lists, which can be to quickly loaded when creating a new matrix product – eliminating the need to manually enter the same size/colors runs over and over again. MicroBiz Cloud incorporates a three dimensional matrix ‘cube’ which allows you to view the price, cost, stock, reorder points of the all the matrix SKUs on a single screen.
Front Register Stock Look-up
View stock levels from front register with one click. For multi-store customers, you can view stock levels at all your locations from the front register, including open stock, committed stock and stock on order. This is great for selling items only available in stock at a different location.
Bar Code Labels
MicroBiz supports multiple price tag formats, including tags with bar codes. Price tags can be printed automatically as part of the receiving process, or you can manually reprint tags for price changes. We support a catalog of popular label formats natively, or you can use the label design tools in supported printers to design your own label.
Inventory Adjustment Audit
MicroBiz tracks all changes in inventory so that you can audit any changes made to an item’s stock level including: why it was made, when it was made, and who made the change. When you update an item’s the stock level within a product record, MicroBiz automatically creates a separate inventory adjustment document to document this stock change. Or you can create an inventory adjustment document manually.
Inventory Updates via CSV Import
For large scale inventory updates, such as a physical inventory count, MicroBiz allows you to update stock levels using an import of a CSV file that includes the item ID and the new stock level.
MicroBiz Cloud includes a variety of inventory reports. These reports can be filtered, sorted and exported for further data manipulation. Inventory reports include:
- Inventory by item
- Inventory by category
- Inventory by brand
- Inventory by vendor
- Inventory by reorder point
Take a tour of the key features in MicroBiz Cloud
Q. Do you charge for back office users working only on inventory management tasks?
A. No, we only charge for concurrent users accessing the register and customer order screens. You can have unlimited employees and computers accessing the inventory management screens with no additional charge.
Q. How are matrix products managed in MicroBiz Cloud?
A. Cloud Cloud incorporates a three-dimensional matrix ‘cube’ in the product record, allowing you to manage the price, cost, stock, reorder points of the variant products by ‘slicing’ different views of this cube on a single screen. In comparison, management of matrix products in older versions of MicroBiz Cloud limited matrix products to list views.
Q. Is a separate warehouse location billed as an additional store?
A. Each location that maintains a separate inventory is billed separately. So, if your store and warehouse share the same inventory, then it’s a single store. But if you create store transfers when you move items between your store and warehouse, then these are two separate inventory locations for billing purposes.
Q. What size barcoded price labels can I print?
A. MicroBiz Cloud includes a small library of popular standard price label templates. If you would like to use a custom label size or label design, you can create these yourself in the design software included for free by the Zebra label printer that we support. For custom labels, MicroBiz sends the unformatted label data to the printer, and then the printer takes this data and generates a label using the template that you created in the printer’s memory.